Sri Lanka inflation rate rises to 4.2% in December
BENGALURU (Reuters) – Sri Lanka’s consumer price inflation rate rose to 4.2% year-on-year in December from 2.8% in November, theContinue Reading
Category: Business Briefing
Sri Lanka showing signs of recovery but challenges remain, says IMF
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka’s economic reform program is yielding the first signs of recovery, but theContinue Reading
Sri Lanka’s Colombo Port Sees Jump in Traffic Amid Red Sea Tensions
COLOMBO (Reuters) – Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vesselsContinue Reading
Maldives may be small but it doesn’t give other countries license to ‘bully us’, says President Muizzu amid diplomatic row with India
Beijing/Male, Jan 13 (PTI) Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu Saturday said thatContinue Reading
India-Maldives Row Escalates, Agency Suspends Flight Bookings to Islands
COLOMBO/NEW DELHI (Reuters) – One of India’s largest travel platforms suspended flight bookings to the tourism-dependent Maldives on Monday afterContinue Reading
Maldives suspends ministers after ‘clown’ jibe against India’s Modi
(AFP)-Maldivian President Mohamed Muizzu suspended three deputy ministers on Sunday for making “derogatory remarks” against Indian Prime Minister Narendra Modi, the government said.Continue Reading
President of Maldives to visit China Jan 8-12, Beijing says
New Delhi (Reuters) – The president of the Maldives, Mohamed Muizzu, will pay a state visit to China from Jan. 8Continue Reading
Sri Lanka President says country will deploy naval vessel in Red Sea to fight Houthi attacks
(PTI)-President Ranil Wickremesinghe has announced that Sri Lanka will provide a Navy vessel to fight attacks by Houthi rebels onContinue Reading
Sri Lanka Raises Taxes Ahead Of Foreign Debt Deal
(AFP)-Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday toContinue Reading
Sri Lanka sees forex reserves exceeding $4 billion after fresh funding
COLOMBO (Reuters) -Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month,Continue Reading
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