Sri Lanka unveils US$320 million subsidy to offset energy costs
COLOMBO (AFP)-Sri Lanka announced on Tuesday (Apr 7) a record US$320 million relief package for farmers, fishermen and low-income householdsContinue Reading
Category: Business Briefing
Sri Lanka takes control of Iranian ship fearing new U.S sub attack
Colombo (AFP) – Sri Lanka has offloaded crew of an Iranian navy vessel and assumed countrol of it, the South AsianContinue Reading
Coal Procurement Followed Due Process; Over US$ 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
Sri Lanka Banks On IMF Cash As Car Imports Top Estimates
Sri Lanka’s central bank expects the IMF to release a $350 million loan tranche, which Governor Nandalal Weerasinghe says isContinue Reading
Sri Lanka vows to overhaul loss-making national airline
(AFP)-Sri Lankan President Anura Kumara Dissanayake yesterday vowed to overhaul the country’s loss-making national airline after the government failed toContinue Reading
Sri Lanka set to regain economic output lost to crisis, Dissanayake says
COLOMBO (Reuters) -Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output itContinue Reading
Albania’s leader appoints AI-generated ‘minister’ to tackle corruption
TIRANA, Albania (AP) — Albania’s Prime Minister Edi Rama on Friday tapped an Artificial Intelligence-generated ‘minister’ for his cabinet toContinue Reading
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