Sri Lanka admits forex crisis ‘dangerous’
(AFP) -Sri Lanka’s finance minister said Tuesday the island faces a “dangerous foreign exchange crisis” but the government denied itContinue Reading
Category: Business
Sri Lankan Parliament approves state of emergency to control food prices and prevent hoarding amid shortages of some staples
COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament on Monday approved a state of emergency declared by the president, whoContinue Reading
Sri Lanka imposes price controls to tackle food shortages
(AFP)- Sri Lanka imposed price controls on key foods Friday as the government stepped up the use of emergency powersContinue Reading
Sri Lanka raids sugar stocks as food shortages bite
Colombo (AFP) Sri Lankan government officials on Wednesday raided private warehouses to seize thousands of tonnes of sugar, a dayContinue Reading
Sri Lanka organic revolution threatens tea disaster
(AFP) -Sri Lanka’s drive to become the world’s first 100 percent organic food producer threatens its prized tea industry andContinue Reading
S&P cuts Sri Lanka CCC+ sovereign rating outlook to negative on default worries
LONDON, Aug 27 (Reuters) – S&P Global cut Sri Lanka’s CCC+ sovereign rating outlook to negative from stable on Friday, warning theContinue Reading
Qantas posts $1.7 billion loss and tips travel by Christmas
CANBERRA, Australia (AP) — Qantas Group posted a 2.35 billion Australia dollar ($1.7 billion) pandemic-related annual loss on Thursday andContinue Reading
The Taliban are sitting on $1 trillion worth of minerals the world desperately needs
London (CNN Business)The swift fall of Afghanistan to Taliban fighters has triggered a humanitarian crisis, with thousands trying to flee the country. It’s also brought renewed focusContinue Reading
Sri Lanka raises rates as rupee falls to record low of 216.55 to the dollar
(AFP)- Sri Lanka’s central bank raised interest rates for the first time in nearly three years Thursday as the rupeeContinue Reading
Google founder Larry Page gets New Zealand residency, raising questions
WELLINGTON, New Zealand (AP) — Google co-founder Larry Page has gained New Zealand residency, officials confirmed Friday, stoking debate overContinue Reading
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