Brazil judge orders probe of Musk over censorship charge at X
A Supreme Court judge in Brazil ordered an investigation Sunday of Elon Musk after the mogul criticized the magistrate andContinue Reading
Category: Business Briefing
Indonesia Hopes to Sign Sri Lanka Trade Pact Next March- Report
(From Jakarta Globe)- Indonesia is seeking to sign its trade pact with Sri Lanka by next March while hoping that oneContinue Reading
Srilankan Airlines to lease four new aircraft ahead of privatisation bid
(PTI)-Srilankan Airlines is set to lease four new aircraft ahead of the privatisation of the loss-making national carrier, an officialContinue Reading
World Bank raises Sri Lanka’s growth forecast to 2.2% for 2024
COLOMBO (Reuters) – The World Bank raised its forecast for Sri Lanka’s economy on Tuesday, projecting a growth of 2.2%Continue Reading
Sri Lanka’s key inflation rate falls to 0.9% in March
COLOMBO (Reuters) – Sri Lanka’s key inflation rate fell to 0.9% year-on-year in March from 5.9% in February, the statisticsContinue Reading
Sri Lanka jails firebrand Buddhist monk for Muslim insults
COLOMBO (AFP)- A Sri Lankan court on Thursday (March 28) sentenced an influential Buddhist monk to four years’ hard labourContinue Reading
Sri Lanka cabinet approves 40% hike to minimum wage
COLOMBO (Reuters) – Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday,Continue Reading
McDonald’s stores close in Sri Lanka after deal with partner ended- lawyer
COLOMBO (Reuters) – McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in theContinue Reading
IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
COLOMBO, Sri Lanka (AP) — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worstContinue Reading
Sri Lanka’s economy shrank 2.3% in 2023
COLOMBO (Reuters) — Sri Lanka’s economy shrank 2.3% in 2023, official data showed on Friday, as the island nation struggled to break outContinue Reading
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