Sri Lanka sees Sinopec starting work on $3.7 billion refinery soon, bidding for another refinery expansion
COLOMBO (Reuters) -Sri Lanka expects Chinese state energy giant Sinopec to start work on a $3.7 billion refinery this yearContinue Reading
Category: Business
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
Thailand Approves Hiring 10,000 Sri Lankan Workers to Fill Labour Shortage
BANGKOK (Reuters) -Thailand’s cabinet has approved the hiring of 10,000 Sri Lankan workers as it tries to address a labourContinue Reading
Sustaining Sri Lanka’s reforms critical to safe-guarding macroeconomic stability, IMF says
(Reuters) -Sustaining Sri Lanka’s reform momentum is critical to safeguarding the country’s macroeconomic stability, the International Monetary Fund said onContinue Reading
Sri Lanka’s economic outlook positive but global trade concerns pose risks, IMF says
COLOMBO (Reuters)- Sri Lanka’s economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and socialContinue Reading
WhatsApp Introduces First Major Advertising Features
(AFP)-WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift for the messaging platform thatContinue Reading
Sri Lanka plans IMF talks on ways to lure foreign investors
COLOMBO (Reuters) – Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, PresidentContinue Reading
Sri Lanka raises electricity price in line with IMF bailout
(AFP)-Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for theContinue Reading
Debt-stricken Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepenContinue Reading
Sri Lanka restructures nearly $931 million in credit lines with India
COLOMBO (Reuters) -Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements with theContinue Reading
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