Sri Lanka’s Former minister Nirupama Rajapaksa Ruling family member and her husband named in Pandora papers
Nirupama Rajapaksa, a Former Sri Lankan Minister and her husband have been named in the Pandora Papers, the most expansiveContinue Reading
Category: Business
Sri Lanka Central Bank unveils six-month plan to stabilise economy
COLOMBO, Oct 1 (Reuters) – Sri Lanka’s central bank governor unveiled on Friday a six-month roadmap for putting the economyContinue Reading
U.S. Drug maker Merck says its new Covid pill reduces the risk of hospitalization, death by half for some patients
WASHINGTON (AP) — U.S. Drugmaker Merck said Friday that its experimental COVID-19 pill reduced hospitalizations and deaths by half inContinue Reading
India counters China in Sri Lanka with $700 million port deal
Colombo (AFP) An Indian company entered into a $700 million deal Thursday to build a strategic deep-sea container terminal inContinue Reading
China infrastructure drive traps poor nations with $385 bn ‘hidden debt’: study
(AFP)-China’s ambitious foreign infrastructure push has saddled poor nations with “hidden debt” worth $385 billion, and more than a thirdContinue Reading
Sri Lanka appeals to exporters to repatriate earnings quickly
COLOMBO, Sept 28 (Reuters) – Sri Lanka on Tuesday appealed to exporters to speed up repatriation of earnings as aContinue Reading
BP says nearly a third of its UK service stations are out of fuel
BRIGHTON, England, Sept 26 (Reuters) – BP said nearly a third of its British service stations had run out ofContinue Reading
Sri Lanka’s Apparel Industry on Tenterhooks Over EU Trade Scrutiny
COLOMBO (Reuters) – Sri Lanka’s preferential trade access to the European Union, which is the biggest market for its $5Continue Reading
Fears grow for China Evergrande after interest deadline missed
SINGAPORE/SHANGHAI, Sept 24 (Reuters) – China Evergrande inched closer on Friday to the potential default that investors fear, missing aContinue Reading
U.S. infrastructure firm New Fortress signs LNG supply deal for Sri Lankan gas-fired power plant
U.S. infrastructure firm New Fortress Energy will invest in a gas-fired power plant and proposed liquefied natural gas (LNG) supplyContinue Reading
