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Jul 8 (Reuters) Vitol Asia and Bharat Petroleum are among eight bidders for Sri Lanka's state-run LPG company and terminal as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion International Monetary Fund (IMF) programme.
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Sri Lanka News Reports, updated regularly. Jul 8 (FT) Ports,...
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Sri Lanka News Reports, updated regularly. Jul 5 (DM) Hot on...
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Port trade unions protest increase in female labor force....
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The crisis in Sri Lanka: Human rights in peril Dec 1 (FT) In 2022, a youth-led citizens’ movement succeeded in ousting Sri Lanka’s all-powerful President, Prime Minister, and the Cabinet whom they held responsible for the island nation’s painful economic crash.
Sri Lanka engaging with local banks on sovereign bonds restructure Jun 8 (EN) Sri Lanka is engaging with local banks on their sovereign bond holdings, State Minister Shehan Semasinghe said after a deal was struck with foreign investors to restructure bonds.
Sri Lanka inflation rises to 6% in August 2021. Sep 1 (EN) SL’s inflation in the capital Colombo had risen to 6% in Aug 2021, from 5.7% in July with prices rising 0.3% in the month, data from the state statistics office shows.
16. Jan. 2024 · Get the latest breaking news in Sri Lanka and across the world from the No. 1 news source in Sri Lanka. Ada Derana is the most unbiased and comprehensive Sri Lankan news property with the most accurate and timely information on political news, sports news, business news, and entertainment news.
Sri Lanka to give US$50mn to clear 800 containers stuck at port: Consumer Minister Sep 28 (EN) PM Mahinda Rajapaska had proposed to provide US$ 50 million to pay for shippers and clear containers stuck at port, at this week’s cabinet meeting, Minister Lasantha Alagiyawanna said.
The great and necessary leap backward. Nov 1 (TM) A great and necessary leap forward: This is what the Government of Sri Lanka led by Prez Gotabaya Rajapaksa has sought to do through its overambitious, ill-conceived, and even poorly executed “100% organic agriculture with immediate effect” fiasco.
