Sri Lanka PM says talks with IMF difficult due to bankruptcy
COLOMBO, Sri Lanka – Sri Lanka’s negotiations with the International Monetary Fund are more complex and difficult than in the pastContinue Reading
Category: Business
Lanka grinds to a halt as fuel reserves shrink
(AFP)-Sri Lanka has less than a day’s worth of fuel left, the energy minister said on Sunday, with public transportContinue Reading
Bankrupt Sri Lanka’s inflation jumps beyond 50%
Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6 percent a dayContinue Reading
IMF says Sri Lanka is on track for an agreement with it
COLOMBO, June 30 (Reuters) – The International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities onContinue Reading
Sri Lanka to let firms from oil-producing nations import, sell fuel
COLOMBO, June 28 (Reuters) – Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the powerContinue Reading
Sri Lanka sends SOS message to India for fuel, suspends retail sale for 2 weeks
NEW DELHI- Sri Lanka’s high commissioner Milinda Moragoda on Monday discussed his country’s urgent energy requirements with petroleum minister Hardeep SinghContinue Reading
Sri Lanka stops fuel supply to non-essential services as crisis worsens
KEY POINTS Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains andContinue Reading
Bankrupt Sri Lanka seeks discounted Russian, Qatar oil
COLOMBO- Cash-strapped Sri Lanka on Sunday (Jun 26) announced sending ministers to Russia and Qatar to try and secure cheap oil a dayContinue Reading
Sri Lanka hikes fuel prices as US delegation arrives
Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrivedContinue Reading
A world apart, Lebanon and Sri Lanka share economic collapse bedeviled by-corruption, patronage, nepotism and incompetence.
BEIRUT (AP) — Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoilContinue Reading
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