Jammu and Kashmir faces political turmoil over alleged free land allotment to ex-Sri Lankan cricketer Muttiah Muralitharan for a Rs 1,600 crore beverage plant in Kathua …
Sri Lanka to introduce new low-priced alcohol to curb illicit liquor?
The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the growing consumption of illicit liquor …
Indians can soon use UPI in Qatar for digital payments
UPI’s adoption in Qatar adds to its growing international presence. The payment system is already live in the UAE, Singapore, France, Sri Lanka, Nepal, and Mauritius.
Sri Lanka stocks marginally down amid mixed sentiment
ECONOMYNEXT – Sri Lanka stocks closed down 0.05 percent on Friday amid mixed sentiment, brokers said. “Market closed flat. There is somewhat of a mixed sentiment,” Ranjan Ranatunga, Assistant Vice …
Sri Lanka signs key debt restructuring agreements with Japan, JICA
Sri Lanka has signed the bilateral Amendment Agreement with the Japan International Cooperation Agency (JICA) alongside the Exchange of Notes between the Government of Sri Lanka and the Government of …
Fabricated graphic spreads baseless claim military taking over Sri Lanka gas stations
A pricing dispute between Sri Lanka’s state-run petroleum company and fuel distributors spurred long queues at gas stations in February according to local media, but rumours of a military takeover to …
Vehicles imported into Sri Lanka must be registered within 90 days – Ministry of Finance
Officials representing the Ministry of Finance, Planning and Economic Development stated that vehicle imports have been allowed under certain conditions …
Spot US dollar 295.50/75 Sri Lanka rupees, bond yields steady
Sri Lanka’s rupee was quoted at 295.50/75 to the US dollar in the spot market Thursday, weaker from 295.30/50 Wednesday, dealers said, while bond yields were broadly steady.
Sri Lanka’s debt-ridden CPC to finance development of 24-oil tanks in China Bay
ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved debt-ridden state-owned Ceylon Petroleum Corporation (CPC) to develop 24 oil tanks in the country’s China Bay tank farm in Trincomalee …
Spot US dollar 295.30/50 Sri Lanka rupees, bond yields steady
Sri Lanka’s rupee closed at 295.30/50 to the US dollar in the spot market Wednesday, from 295.18/25 Tuesday, dealers said, while bond yields were broadly steady.