U.S. submarine sinks Iranian warship in international waters, Hegseth says
COLOMBO, Sri Lanka (AP) — Sri Lanka’s navy rescued 32 people from an Iranian naval ship that sank outside SriContinue Reading
Category: Business
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
Singapore firm rejects US$1 billion Sri Lankan pollution damages
SINGAPORE- A Singapore shipping company told AFP on Tuesday (Sep 23) it will refuse to pay Sri Lankan court-ordered damagesContinue Reading
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
