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Tag: Sri Lanka

Posted on April 24, 2024

Sri Lanka FinMin says to confiscate 112 vehicles imported illegally

ECONOMYNEXT – Sri Lanka’s State Finance Minister Ranjith Siyambalapitiya said 112 vehicles imported illegally at a cost of 7 billion rupees will be confiscated from the current owners.
Posted on April 24, 2024

Iran’s Raisi Arrives in Sri Lanka to Foster Ties, Open Hydropower Project

COLOMBO (Reuters) – Iran’s President Ebrahim Raisi arrived in Sri Lanka on Wednesday for a brief state visit aimed at strengthening ties, during which he will also open a $514-million hydropower project.
Posted on April 23, 2024

AirAsia among bidders for Sri Lanka’s national carrier

AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion …
Posted on April 23, 2024

AirAsia among bidders for Sri Lanka’s national carrier

AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion …
Posted on April 23, 2024

Sri Lanka exceeds state revenue targets by 6 pct in 1st quarter

COLOMBO, April 22 (Xinhua) — Sri Lanka has exceeded its state revenue target for the first quarter of 2024 by 6 percent, the country’s State Minister of Finance Ranjith Siyambalapitiya said on Monday …
Posted on April 22, 2024

India’s ITC to launch over $300 mln worth Sri Lankan property this week

ECONOMYNEXT – Indian Tobacco Company (ITC) will launch its Sri Lankan property this week, an official said, a decade after the start of the construction in the land it owns next to China’s high end Shangri-La Hotel.

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Posted on April 22, 2024

IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum

The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market after recent appreciation made importers and banks to run negative open …
Posted on April 22, 2024

IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum

The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market after recent appreciation made importers and banks to run negative open …
Posted on April 21, 2024

Seven killed after race car slams into crowd in Sri Lanka

A race car veered off the track during a competition in Sri Lanka on Sunday local time and rammed into a crowd of spectators and race officials, killing seven people and injuring 20 others, officials …

( read original story …)



Posted on April 21, 2024

Race car in Sri Lanka veers off track killing 7 people and injuring 20, officials say

Race car in Sri Lanka veers off track killing 7 people and injuring 20, officials say. Get top headlines from the Union-Tribune in your inbox weekday mornings, including top news, local, sports, …

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