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Tag: Sri Lanka

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 …

( 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 …

( 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 …

( 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 …

( read original story …)



Posted on February 22, 2022

Sri Lanka imposes power cuts as cash crisis deepens

COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid.

( read original story …)



Posted on February 22, 2022

Sri Lanka imposes power cuts as cash crisis deepens

COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid.

( read original story …)



Posted on February 22, 2022

Sri Lanka shares end flat after 4 sessions of losses

As Sri Lanka faces its worst economic crisis in years … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via …

( read original story …)



Posted on February 22, 2022

Sri Lanka shares end flat after 4 sessions of losses

As Sri Lanka faces its worst economic crisis in years … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via …

( read original story …)



Posted on February 22, 2022

Lessons from Sri Lanka crisis: How not to go green, plus how not to do business with China

LESS… MORE The loss of tourism caused by the pandemic, no doubt dealt Sri Lanka a more severe blow than to economies for which it is a less critical foreign-exchange earner. Pre-pandemic tourism …

( read original story …)



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