Sri Lanka ordered its military to post soldiers at hundreds of gas stations on Tuesday, to help distribute fuel after a sudden rise in prices of key commodities and the accompanying shortages forced …
Ceylon Chamber promotes greater Sri Lanka-Thailand trade
A business networking event organised recently by the Sri Lanka – Greater Mekong Business Council (SLGMBC) of the Ceylon Chamber of Commerce facilitated opportunities to enhance trade between Sri …
Sri Lanka govt panel says international financial assistance needed
A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry must form a team to seek urgent international financial assistance as its economy …
Sri Lanka imposes special commodity levy on various imported goods
The Sri Lankan Finance Ministry has decided to increase the special commodity levy on 9 types of items, including imported fruits. Sri Lanka Basil Rajapaksa The Ministry announced that this tax …
China mulls package to ease Sri Lanka’s economic crisis
China’s ambassador to Sri Lanka said Monday it is considering a request for $2.5 billion in assistance to help the island nation through a debt and foreign currency crisis.
Sri Lanka to seek IMF-supported program to manage debt repayment
Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa’s visiting …
India comes to the rescue of Sri Lanka amid tough economic situation
The Indian government has enhanced its bilateral relations with its immediate neighbour Sri Lanka amid the worsening economic situation in the island – Kenya breaking news | Kenya news today | …
Sri Lanka runs out of paper amid economic crisis; Postpones exams
India’s neighbouring country, Sri Lanka is witnessing its worst-ever economic crisis since its independence in 1948. Sri Lanka has cancelled exams indefinitely due to the acute shortage of papers. The …
In Sri Lanka, as economic crisis worsens, two men die waiting in queue for fuel
Sri Lankan police said on Sunday two men collapsed and died while waiting in separate queues to secure fuel amid sky-rocketing prices leading to record inflation.
In Sri Lanka, as economic crisis worsens, two men die waiting in queue for fuel
Sri Lankan police said on Sunday two men collapsed and died while waiting in separate queues to secure fuel amid sky-rocketing prices leading to record inflation.