To avoid the worst case scenario of a sovereign default next year, Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva called on the government to boost investor confidence by earnestly working on an agreement with the International Monetary Fund (IMF) and prepare for debt re-profiling.

The Colombo high court on Wednesday ordered the Greek captain of an oil tanker, which carried crude oil from Kuwait to India and caught fire off the country's eastern Ampara coast, to pay a fine of USD 64,972 (LKR 12 million) after he pleaded guilty to the marine environment pollution charge.