IMF delegation visits crisis-hit Sri Lanka with time running out
COLOMBO/LONDON, June 20 (Reuters) – An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks onContinue Reading
Category: Business
Sri Lanka left with fuel stocks for around five days, minister says
COLOMBO, June 16 (Reuters) – Sri Lanka’s fuel stocks will last for about five more days, its power and energyContinue Reading
Qatar Airways profits soar despite pandemic backdrop
Qatar Airways Group reported a record net profit of $ 1.54 billion for the 2021-22 financial year as it claimed anContinue Reading
Sri Lanka gives public workers extra day off to grow food
COLOMBO, June 14 (Reuters) – Sri Lanka has approved a four-day work week for public sector workers to help themContinue Reading
Cricket-IPL broadcast deal fetches $6.2 billion; Disney, Viacom 18 bag rights
MUMBAI (Reuters) -U.S. media behemoth Walt Disney and Indian conglomerate Reliance Industries were the major winners in a high-stakes bidContinue Reading
Cash-strapped Sri Lanka announces weekly fuel quotas
Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formedContinue Reading
TotalEnergies takes $2 billion foothold in Qatar’s giant gas expansion
Qatar on Sunday named France’s TotalEnergies as its first foreign partner to expand the world’s largest natural gas field andContinue Reading
The AP Interview: Sri Lanka PM says he’s open to Russian oil
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nationContinue Reading
Pakistan adopts painful economic path to secure IMF bailout
* Pakistan faces balance of payments crisis * Government sharply lowers fiscal deficit target to 4.9% of GDP * StepsContinue Reading
Sri Lanka business tycoon Dhammika Perera to replace President’s brother in parliament
COLOMBO (Reuters) – One of Sri Lanka’s richest businessmen will replace the president’s brother in parliament, a ruling party officialContinue Reading
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