Sri Lanka suffers long power cuts as currency shortage makes fuel scarce
COLOMBO — Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepeningContinue Reading
Category: Business
Sri Lankans stand, sweat and seethe as economy grinds to a halt
Colombo (AFP) – As Sri Lankans faint in day-long queues for fuel and swelter through stifling evening blackouts by candlelight, angerContinue Reading
10-hour power cuts in Sri Lanka as crisis worsens
(AFP)- Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as it ran out of hydro-electricity onContinue Reading
Sri Lanka move up to 6th place in Hanke’s inflation table, measuring 55% pa
Leading world expert on stopping hyperin flation, Steve Hanke took to twitter again to empasise that Sri Lanka was firmlyContinue Reading
Sri Lanka papers run out of newsprint , suspends print editions as Economic crisis bites
(AFP)-Two major Sri Lanka newspapers are suspending their print editions because of a lack of paper, their owner said Friday,Continue Reading
Sri Lanka’s Opposition accuses government of misusing USD one billion loan facility extended by India
Colombo, Mar 22 (PTI) Sri Lanka’s Opposition party Samagi Jana Balawegaya (SJB or United People’s Force) on Tuesday accused PresidentContinue Reading
Sri Lanka deploys troops as fuel shortage sparks protests
Mon, March 21, 2022, ·2 min read (AFP)- Sri Lanka ordered troops to petrol stations Tuesday as sporadic protests eruptedContinue Reading
Sri Lankan inflation hits 17.5 % for February -a record high since 2015
COLOMBO, March 21 (Xinhua) — Sri Lanka’s Department of Census and Statistics announced Monday that the overall rate of inflationContinue Reading
Sri Lanka govt panel says urgent international financial assistance needed amid debt crisis
COLOMBO (Reuters) – A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry mustContinue Reading
India extends $1 billion line of credit to Sri Lanka to to import food, medicines and other essential items
India on Thursday extended a $1-billion short-term concessional loan to Sri Lanka to help the island nation cope with oneContinue Reading
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