Sri Lanka Estimates $7 Billion Needed for Rebuilding After Cyclone Ditwah Death Toll Reaches 465
Colombo (AFP) – Sri Lankan authorities said Wednesday they would need some $7 billion to rebuild homes, industries and roads destroyedContinue Reading
Tag: Economy
Sri Lanka grapples with trauma, loss after deadly Cyclone that killed hundreds
ALAWATHUGODA, Sri Lanka, Dec 2 (Reuters) – Nawaz Nashra recalls grabbing her three-year-old daughter, wrapping her in a bedsheet andContinue Reading
Management Committee appointed for ‘Rebuilding Sri Lanka’ Fund
The Sri Lanka Cabinet has approved the creation of the ‘Rebuilding Sri Lanka’ Fund to support national recovery after theContinue Reading
Sri Lanka deploys troops as floodwaters rise, death toll hits 69
(AFP)-Sri Lankan troops were racing to rescue hundreds of people marooned by rising floodwaters on Friday as weather-related deaths roseContinue Reading
Sri Lanka Banks On IMF Cash As Car Imports Top Estimates
Sri Lanka’s central bank expects the IMF to release a $350 million loan tranche, which Governor Nandalal Weerasinghe says isContinue Reading
Sri Lanka vows to overhaul loss-making national airline
(AFP)-Sri Lankan President Anura Kumara Dissanayake yesterday vowed to overhaul the country’s loss-making national airline after the government failed toContinue Reading
Sri Lanka set to regain economic output lost to crisis, Dissanayake says
COLOMBO (Reuters) -Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output itContinue Reading
Singapore firm rejects US$1 billion Sri Lankan pollution damages
SINGAPORE- A Singapore shipping company told AFP on Tuesday (Sep 23) it will refuse to pay Sri Lankan court-ordered damagesContinue Reading
Sri Lanka sees Sinopec starting work on $3.7 billion refinery soon, bidding for another refinery expansion
COLOMBO (Reuters) -Sri Lanka expects Chinese state energy giant Sinopec to start work on a $3.7 billion refinery this yearContinue Reading
Thailand Approves Hiring 10,000 Sri Lankan Workers to Fill Labour Shortage
BANGKOK (Reuters) -Thailand’s cabinet has approved the hiring of 10,000 Sri Lankan workers as it tries to address a labourContinue Reading
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