More cunning than the ‘old fox’: Sri Lanka’s Acting President
Acting Sri Lankan President Ranil Wickremesinghe is one of the favorites to take the country’s reins long term on Wednesday,Continue Reading
Category: Business Briefing
Sri Lanka’s political turmoil sows worries for recovery
COLOMBO, Sri Lanka (AP) — A day after Sri Lanka’s president fled, Mohamed Ishad waited outside an immigration office nearContinue Reading
Sri Lanka’s acting President tells CNN previous government was ‘covering up facts’ about financial crisis
Colombo, Sri Lanka (CNN)-Sri Lanka’s acting President Ranil Wickremesinghe has said the country’s previous administration was “covering up facts” about its cripplingContinue Reading
Sri Lanka president asks Russia’s Vladimir Putin to help import fuel
COLOMBO (Reuters) — Sri Lanka’s president on Wednesday said he urged Russian leader Vladimir Putin to help his cash-strapped island nation import fuelContinue Reading
UK Finance Minister Rishi Sunak resigns, says the government should be run ‘properly, competently and seriously’; Health Secretary also resigns
LONDON — British Chancellor Rishi Sunak resigned Tuesday, saying the government should be run “properly, competently and seriously.” “I recogniseContinue Reading
Sri Lanka PM says talks with IMF difficult due to bankruptcy
COLOMBO, Sri Lanka – Sri Lanka’s negotiations with the International Monetary Fund are more complex and difficult than in the pastContinue Reading
Bankrupt Sri Lanka’s inflation jumps beyond 50%
Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6 percent a dayContinue Reading
IMF says Sri Lanka is on track for an agreement with it
COLOMBO, June 30 (Reuters) – The International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities onContinue Reading
Sri Lanka to let firms from oil-producing nations import, sell fuel
COLOMBO, June 28 (Reuters) – Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the powerContinue Reading
Sri Lanka sends SOS message to India for fuel, suspends retail sale for 2 weeks
NEW DELHI- Sri Lanka’s high commissioner Milinda Moragoda on Monday discussed his country’s urgent energy requirements with petroleum minister Hardeep SinghContinue Reading
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