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 …
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 …
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.
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 …
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 …
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 …
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, …
Bangladesh High Commissioner Tareq Ariful Islam Crowned“New Year Prince” In Sri Lanka
The Bangladeshi High Commissioner in Sri Lanka Tareq Mohammed Ariful Islam, was crowned the New Year Prince or“Avuru …
Dialog Axiata Signs Deal To Acquire Bharti Airtel’s Sri Lanka Operations
Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% …
IMF praises Sri Lanka for economic progress on sidelines of Spring Meetings 2024
First Deputy Managing Director, Gita Gopinath has congratulated the Sri Lankan authorities on the steady progress made on several fronts, including inflation reduction, revenue enhancement and governa …