Sri Lanka’s tax hikes will help it regain creditor confidence -IMF
COLOMBO, March 2 (Reuters) – Sri Lanka’s recent tax rises are in line with international comparisons and needed to helpContinue Reading
Tag: Economy
Sri Lanka workers defy strike ban to protest rescue plan forcing closure of hospitals, banks & ports
(AFP)-Sri Lankan workers went on strike Wednesday in defiance of a government ban to protest a rescue plan for theContinue Reading
Sri Lanka outlaws strikes as anti-tax protests spread
(AFP)-Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-dayContinue Reading
World Bank Backs Bankrupt Sri Lanka’s Private Banks lending $400 million
(AFP)-The World Bank offered a lifeline to three private banks in bankrupt Sri Lanka on Monday, lending them $400 millionContinue Reading
Twitter lays off 10% of current workforce of 2300- NYT
(Reuters) – Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New YorkContinue Reading
Sri Lanka police fire tear gas at election protest; 15 hurt
COLOMBO, Sri Lanka (AP) — Police in Sri Lanka on Sunday fired tear gas and water cannons to disperse protestersContinue Reading
Sri Lanka postpones local elections citing lack of funds
Cash-strapped Sri Lanka is postponing local government elections that had been due to take place early next month, because ofContinue Reading
European Commission bans Chinese owned TikTok from official devices due to cybersecurity concerns
(CNN)-The European Commission has banned TikTok from official devices because of concerns about cybersecurity, a move sharply criticized by the company inContinue Reading
Sri Lanka’s Supreme court postpones petition seeking halt of March 9 local polls
Colombo, Feb 23 (PTI) Sri Lanka’s Supreme Court on Thursday postponed the hearing of a writ petition seeking an orderContinue Reading
Sri Lanka investment board approves $442 million Adani Green wind power plants
COLOMBO (Reuters)- Sri Lanka’s Board of Investment on Wednesday approved two wind power plants by India’s Adani Green Energy LtdContinue Reading
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