Sri Lanka outlaws strikes as anti-tax protests spread
(AFP)-Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-dayContinue Reading
Category: Business
World Bank Backs Bankrupt Sri Lanka’s Private Banks lending $400 million
(AFP)-The World Bank offered a lifeline to three private banks in bankrupt Sri Lanka on Monday, lending them $400 millionContinue Reading
Twitter lays off 10% of current workforce of 2300- NYT
(Reuters) – Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New YorkContinue Reading
European Commission bans Chinese owned TikTok from official devices due to cybersecurity concerns
(CNN)-The European Commission has banned TikTok from official devices because of concerns about cybersecurity, a move sharply criticized by the company inContinue Reading
Sri Lanka investment board approves $442 million Adani Green wind power plants
COLOMBO (Reuters)- Sri Lanka’s Board of Investment on Wednesday approved two wind power plants by India’s Adani Green Energy LtdContinue Reading
Electricity bill increase pushes crisis weary Sri Lankans to the brink
COLOMBO (Reuters) – The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in aContinue Reading
Sri Lanka to make $2.6 billion in loan repayments in first half of year
COLOMBO (Reuters)- Sri Lanka’s cabinet has approved loan repayments worth $2.6 billion in the first half of this year, inContinue Reading
Sri Lankan police disperse protesters demanding election
COLOMBO, Sri Lanka (AP)- Sri Lankan police fired tear gas and a water cannon at opposition supporters who marched in theContinue Reading
Nepal airplane crash possibly caused by pilot choosing wrong lever
The plane crash that killed 72 people in Nepal on Jan. 15, 2023, has been attributed to pilot error following the releaseContinue Reading
IMF mulls loan approval to Sri Lanka, even without China’s assurance – Bloomberg News
(Reuters) – The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance ofContinue Reading
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