Tag: Lanka

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Amid Crisis, Sri Lanka Lowers Fuel Prices, 1st Decrease Since February

Amid Crisis, Sri Lanka Lowers Fuel Prices, 1st Decrease Since February

The new prices will be effective from 10.00 pm on Sunday.Colombo: Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) on Sunday reduced the diese [...]
How can Sri Lanka move forward?

How can Sri Lanka move forward?

Sri Lankan President Gotabaya Rajapaksa resigned Thursday by email, after a herculean people-power movement fueled by anger over corruption and mas [...]
Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence

Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence

Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulat [...]
Sri Lanka descends into chaos. Where might the commodity crisis hit next?

Sri Lanka descends into chaos. Where might the commodity crisis hit next?

Sri Lankan President Rajapakse and Prime Minister Wickremesinghe were forced to flee today after enormous anti-government protests. Huge crowds storme [...]
Sri Lanka limits forex possession by citizens to support diminishing reserves

Sri Lanka limits forex possession by citizens to support diminishing reserves

Sri Lanka is facing their worst economic crisis since gaining independence in 1948 and the government has been trying to implement a [...]
Sri Lanka limits forex possession by citizens to support diminishing reserves

Sri Lanka limits forex possession by citizens to support diminishing reserves

Sri Lanka is facing their worst economic crisis since gaining independence in 1948 and the government has been trying to implement a [...]
Crisis-hit Sri Lanka plans donor conference, interim budget in August By Reuters

Crisis-hit Sri Lanka plans donor conference, interim budget in August By Reuters

3/3 © Reuters. FILE PHOTO: A person waves a Sri Lankan flag as demonstrators shout slogans demanding the immediate release from police custody of t [...]
Is Sri Lanka Seeking Russia’s Help Amid Oil Shortage? Minister Says…

Is Sri Lanka Seeking Russia’s Help Amid Oil Shortage? Minister Says…

Sri Lanka Economic Crisis: Sri Lanka is facing its worst economic crisis since gaining independence.Colombo: Sri Lanka has reached out to several comp [...]
Axiata sees steady performance in 1Q22, profit impacted by unrealised forex losses primarily in Sri Lanka

Axiata sees steady performance in 1Q22, profit impacted by unrealised forex losses primarily in Sri Lanka

Boost YoY revenue of 29.2%, net loss of RM48 mil, Boost Life users up 11% Given the challenging externalities, landed first quarter on steady [...]
Sri Lanka India News: Sri Lanka is counting on more help from India till the cheque from the IMF arrives

Sri Lanka India News: Sri Lanka is counting on more help from India till the cheque from the IMF arrives

Sri Lanka, reeling under its worst economic crisis since independence and hit by political turmoil, has asked India for bridging finance until the eco [...]
Sri Lanka facing a shortage of foreign exchange, fuel and medicines – ABC News

Sri Lanka facing a shortage of foreign exchange, fuel and medicines – ABC News

Sri Lanka facing a shortage of foreign exchange, fuel and medicines  ABC News www.abc.net.au [...]
Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to $10,000 from $15,000

Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to $10,000 from $15,000

COLOMBO: Sri Lanka's central bank on Thursday decided to substantially lower the limit of foreign currency a person can hold to $10,000 from $15,000 a [...]
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