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
Tag: Economy
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
Sri Lanka detains ex-minister Rajapaksa for alleged corruption
(AFP)-Sri Lanka’s anti-corruption authorities arrested a member of the once-powerful Rajapaksa family on Wednesday, accusing him of illegally claiming reparationsContinue Reading
Sustaining Sri Lanka’s reforms critical to safe-guarding macroeconomic stability, IMF says
(Reuters) -Sustaining Sri Lanka’s reform momentum is critical to safeguarding the country’s macroeconomic stability, the International Monetary Fund said onContinue Reading
