Sri Lanka – Page 21 – India Daily Digital

Ranil welcomes financial assurances from creditors

Lanka President stressed that any violation of the agreement with the IMF could result in discontinuation of Sri Lanka’s collaboration with all financial institutions…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe

March 8, 2023

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Private firms to supply jet fuel in Lanka

Importing Jet A-1 fuel is also a challenge for the CPC because of the foreign currency shortage..reports Asian Lite News Sri Lanka’s Cabinet of Ministers has approved a proposal to allow private

March 1, 2023

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World Bank assures support to Lanka’s development plan

World Bank also assured Lanka to provide further guidance and necessary support regarding the use of international media and welfare benefits…reports Asian Lite News The World Bank assured its support to development

March 1, 2023

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Lanka govt prepares for mass strike

President Wickremesinghe’s directives comes following Professional Trade Union Alliance (PTUA) comprising 40 trade unions has threatened to cripple the country with a massive strike…reports Asian Lite News In the wake of mass

February 28, 2023

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Lanka to launch mobile app to protect tourists

The mobile app will register all three-wheelers and a barcode will be displayed on the vehicle for foreign tourists to scan…reports Asian Lite News Sri Lanka is to launch a mobile app

February 26, 2023

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Sri Lanka hopes for IMF loan, but China’s stance a roadblock

Sri Lanka is likely to get that elusive $2.9 billion from the IMF in the first quarter this year provided China decides to play ball and dump its notorious debt trap diplomacy…reports

February 24, 2023

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Lanka approves Adani Group’s two wind power plants

The new projects will generate nearly 1,500-2,000 employment opportunities…writes Susitha Fernando Struggling to generate power amid the ongoing financial crisis, Sri Lanka has given the go-ahead to two wind power plants by

February 23, 2023

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Sri Lanka ends power cuts after tariff hike

The tariff hike is likely to generate revenue of around LKR 287 billion in the cash-strapped nation…reports Asian Lite News Sri Lankan Power and Energy Minister Kanchana Wijesekera has assured that no

February 17, 2023

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Ranil pins hopes on IMF bailout package by March

Wickremesinghe added that the country needs to have political stability to carry out the debt restructuring process…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe on Wednesday said he is hopeful that

February 16, 2023

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Sri Lanka gears up to hike power tariffs by 66%

The Ceylon Electricity Board suffered an estimated loss of Rs 152 billion ($416 million) in 2022…reports Asian Lite News Sri Lanka’s electricity regulator, Public Utilities Commission (PUCSL), on Wednesday approved increasing the

February 16, 2023

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Sri Lanka - Page 21