Sri Lanka unveils US$320 million subsidy to offset energy costs
COLOMBO (AFP)-Sri Lanka announced on Tuesday (Apr 7) a record US$320 million relief package for farmers, fishermen and low-income householdsContinue Reading
Category: Business
Sri Lanka raises Power tariffs as energy costs begin to bite
COLOMBO, March 30 (Reuters) – Sri Lanka raised power tariffs for most households by 7.2% and industries by 8.7% onContinue Reading
Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, Qatar Energy CEO says
(Reuters)-Iranian attacks have knocked out 17 per cent of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated US$20Continue Reading
New Iranian Supreme leader calls for defiance, keeps key waterway shut
-AFP teams in Tehran, Jerusalem, Washington, Dubai and Beirut Iran’s new supreme leader ordered the vital Strait of Hormuz oilContinue Reading
Sri Lanka takes control of Iranian ship fearing new U.S sub attack
Colombo (AFP) – Sri Lanka has offloaded crew of an Iranian navy vessel and assumed countrol of it, the South AsianContinue Reading
U.S. submarine sinks Iranian warship in international waters, Hegseth says
COLOMBO, Sri Lanka (AP) — Sri Lanka’s navy rescued 32 people from an Iranian naval ship that sank outside SriContinue Reading
Coal Procurement Followed Due Process; Over US$ 2 Million in Penalties Imposed on Substandard Shipments, Says Minister
Cabinet Spokesman and Minister Nalinda Jayatissa said the coal procurement process was carried out in full compliance with established guidelinesContinue Reading
A robotic dog made in China gets an Indian university kicked out of an A.I summit
A private Indian university was removed from a major A.I summit in New Delhi after one of its representatives displayedContinue Reading
Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products
BEIJING (AP) — Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric carsContinue Reading
Sri Lanka forecasts 5% growth in 2026, aided by post-cyclone reconstruction
COLOMBO, Dec 17 (Reuters) – Sri Lanka expects its economy to expand by more than 5% next year, matching thisContinue Reading
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