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Tag: Sri Lanka

Posted on February 23, 2022

Sri Lanka – Sri Lanka prepared to turn to IMF for bailout

Sri Lanka is prepared to turn to the International … aiming to strengthen the macro fiscal unit at the Ministry of Finance as part of our capacity development activities. And that was conducted …

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Posted on February 23, 2022

Sri Lanka pays $35 million for 40,000 T diesel shipment – official

COLOMBO : Sri Lanka has paid $35.3 million for a 40,000 tonne diesel shipment, an energy ministry official said on Wednesday, as the island nation struggles to procure fuel amid growing power cuts.

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Posted on February 23, 2022

Sri Lanka pays $35 million for 40,000 T diesel shipment – official

COLOMBO : Sri Lanka has paid $35.3 million for a 40,000 tonne diesel shipment, an energy ministry official said on Wednesday, as the island nation struggles to procure fuel amid growing power cuts.

( read original story …)



Posted on February 23, 2022

Sea cucumbers feed China’s influence in Sri Lanka

Kandasamy Kalamohan had grown tired of the trawlers that he and his fellow fishermen alleged crossed into northern Sri Lankan waters from India, about 50 miles away, destroying th …

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Posted on February 23, 2022

Sri Lankans now have access to free financial education

To take control of their financial future Asia Securities, a leading investment firm in Sri Lanka, launched DhanaMaga (ධනමග / தன மார்க்கம்) a trilingual financial literacy program aimed at helping Sri …

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Posted on February 23, 2022

Axiata sets its sights on Indonesia

Indonesia, Bangladesh and Sri Lanka. Axiata group CFO Vivek Sood said the revenue of its digital arm doubled to RM980mil in FY21 mainly driven by Axiata Digital Advertising Sdn Bhd (ADA) from …

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Posted on February 23, 2022

Axiata sets its sights on Indonesia

Indonesia, Bangladesh and Sri Lanka. Axiata group CFO Vivek Sood said the revenue of its digital arm doubled to RM980mil in FY21 mainly driven by Axiata Digital Advertising Sdn Bhd (ADA) from …

( read original story …)



Posted on February 22, 2022

Inflation at record high in cash-strapped Sri Lanka

The court ruled that the Special Goods and Services Tax — which would have empowered the finance minister to determine rates and sectors to be taxed — was a violation of parliament’s financial …

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Posted on February 22, 2022

Inflation at record high in cash-strapped Sri Lanka

The court ruled that the Special Goods and Services Tax — which would have empowered the finance minister to determine rates and sectors to be taxed — was a violation of parliament’s financial …

( read original story …)



Posted on February 22, 2022

Demand spikes for fuel, power generators in Sri Lanka amid power crisis and forex shortages

Sri Lanka is facing one of its worst forex and debt cresses in its history as the country’s foreign exchange reserves dwindled to 2.36 billion US dollars in end January, just enough to finance imports …

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