Earlier this month the chairman of Sri Lanka’s Ceylon Electricity Board informed the country’s parliamentary committee on public enterprises (COPE) that a contract had been awarded to an Indian …
Bankrupt Sri Lanka runs out of fuel
Sri Lanka’s Energy Minister Kanchana Wijesekera said oil cargoes that were due last week did not turn up while those scheduled to arrive next week will also not reach Sri Lanka due to “banking” reason …
Bankrupt Sri Lanka runs out of petrol and diesel
Sri Lanka has virtually run out of petrol and diesel after several expected shipments were delayed indefinitely, the energy minister said Saturday while apologising to motorists for the worsening fuel …
Sri Lanka amends limit on foreign currency possession
The Minister of Finance has issued an order to reduce the amount of foreign currency retained in possession by an individual in Sri Lanka from USD 15,000 t0 USD 10,000 or its equivalent in other forei …
Sri Lanka amends limit on foreign currency possession
The Minister of Finance has issued an order to reduce the amount of foreign currency retained in possession by an individual in Sri Lanka from USD 15,000 t0 USD 10,000 or its equivalent in other forei …
Tycoon appointed crisis-hit Sri Lanka’s minister for investment promotion
Sri Lanka’s president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his office said in a statement, as the crisis-hit country struggles to find foreign exchange to …
Tycoon appointed crisis-hit Sri Lanka’s minister for investment promotion
Sri Lanka’s president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his office said in a statement, as the crisis-hit country struggles to find foreign exchange to …
Tycoon appointed crisis-hit Sri Lanka’s minister for investment promotion
Sri Lanka’s president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his office said in a statement, as the crisis-hit country struggles to find foreign exchange to …
India and the US send envoys to Sri Lanka amid worsening economic crisis
Prime Minister Wickremesinghe told parliament that the country was “facing a far more serious situation” than the current shortages of fuel and other essentials and warned of “a possible fall to rock …
India and the US send envoys to Sri Lanka amid worsening economic crisis
Prime Minister Wickremesinghe told parliament that the country was “facing a far more serious situation” than the current shortages of fuel and other essentials and warned of “a possible fall to rock …