Sri Lanka’s Colombo port to develop new logistics hub under PPP model after Chinese firm’s exit
Colombo, Oct 19 (PTI) Sri Lanka’s Ports Authority on Monday decided to develop a new logistics hub at the PortContinue Reading
Tag: Economy
Sri Lanka rations Electricity after coal plant breakdown
COLOMBO (AFP)- Sri Lanka announced nationwide electricity rationing from Oct 19, two days after a complete breakdown of the nationalContinue Reading
Qatar’s revenues drop 42 pct over war, ruler says
(AFP)-Qatar’s revenues fell 42 percent in the first half of 2026, its emir says, as gas infrastructure and exports tookContinue Reading
Sri Lanka economy resilient but risks remain tilted to downside, IMF says
Sept 23 (Reuters) – The International Monetary Fund said on Wednesday that Sri Lanka’s economy continues to show resilience amidContinue Reading
Sri Lanka flies Monks over drought-hit areas to seek divine help
(AFP)-Sri Lanka’s Air Force said on Sunday it had flown Buddhist monks who prayed and sprinkled holy water over drought-hitContinue Reading
U.S stocks fall on talk of slowing A.I development
Wall Street stocks fell early Monday as a call from leading artificial intelligence executives to slow the technology weighed onContinue Reading
Sri Lanka ex-President’s son arrested on graft charges
COLOMBO, Sept 4 (Reuters) – The son of Sri Lanka’s former president Mahinda Rajapaksa has been arrested and remanded until September 18Continue Reading
Saudi Arabia tightens anti-crime oversight on UAE bound bank transfers
Saudi Arabia has reportedly imposed tighter anti-money-laundering and financial-crime checks on bank transfers to the UAE, causing some payments toContinue Reading
Sri Lanka ex-minister arrested over theft of King’s sacred stone
Colombo, Aug 18, 2026 (AFP)A former Sri Lankan minister was arrested on Tuesday for allegedly aiding the theft of aContinue Reading
Sri Lanka Prison riot kills 26, wounds more than 100
(AFP)-Clashes in a Sri Lankan jail killed 26 people, including seven guards, and wounded more than 100 in the country’sContinue Reading
