Sri Lanka cabinet approves new electricity tariff without saying what it is
COLOMBO (Reuters) -Sri Lanka’s cabinet on Monday approved new electricity tariffs to reflect the cost of coal and power generationContinue Reading
Tag: Economy
U.S banking giant Wells Fargo sacks India executive for urinating on plane passenger
US banking giant Wells Fargo on Friday sacked a top Indian executive now being pursued by police for allegedly urinatingContinue Reading
Air India imposes 30-day ban on man for ‘urinating’ on female passenger onboard New York-Delhi flight
Air India on Wednesday said it has imposed a 30-day flying ban on a passenger who had urinated on a femaleContinue Reading
Bankrupt Sri Lanka to hold first polls since crisis
(AFP)-Crisis-hit Sri Lanka Wednesday announced its first nationwide elections since its president fled and resigned in the face of widespreadContinue Reading
Sri Lanka’s new austerity measure – No government jobs
(AFP)-Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher electricity prices kicked inContinue Reading
Sri Lanka Welcomes New Russian Flights After Tourism Plea
(AFP)-Sri Lanka on Thursday welcomed the first Russian travelers aboard a new flight service that was launched after the bankruptContinue Reading
Sri Lanka’s national consumer price inflation eases to 65% in Nov
(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump inContinue Reading
Sri Lanka’s economy shrinks 11.8% in second-worst quarterly performance
COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, government data showed on Thursday,Continue Reading
IMF Not Expected to Discuss Sri Lanka Before Year End -Sources
LONDON (Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s $2.9Continue Reading
Bankrupt Sri Lanka clears budget as IMF bailout delays
COLOMBO (AFP) Crisis-hit Sri Lanka’s parliament Thursday approved President Ranil Wickremesinghe’s 2023 budget, vital to raising government revenue and securingContinue Reading
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