The induction of several members of the opposition SLFP in Sri Lanka’s cabinet paving the way for a national government – however creating more uncertainty -, disturbed the Colombo bourse in early trades on Tuesday. Analysts said they expect no gains will be recorded in the next sessions before closing as traders may opt to stay on sidelines amid the developments in the political and economic fronts. The main share index, All Share was at 7,037.56 with a drop of 0.07 per cent while S&P SL 20 index lost 0.06 per cent to stand at 4,000.26 by 10.10 am. The turnover was thin at Rs. 49 million.
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Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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