COLOMBO (REUTERS) – Sri Lanka’s president said on Friday (Jan 26) that more than US$58 billion (S$75.84 billion), or 90 per cent, of foreign loans borrowed by the previous government was unaccounted for in Finance Ministry records. However, ministry officials of the last government said President …
COLOMBO, Jan 26 (Reuters) – Sri Lanka’s president said on Friday that more than $58 billion, or 90 percent, of foreign loans borrowed by the previous government was unaccounted for in Finance Ministry records. However, ministry officials the last government said President Maithripala Sirisena’s …
"The previous fine of 1.5 million Sri Lankan Rupees was no deterrent. Foreign vessels did not fear to face such a small fine," Amaraweera said. The Minister said that the new fine amount would mean that any foreign fishing vessels entering Sr…
COLOMBO, Jan 26 (Reuters) – Sri Lankan shares rose for a third straight session to hit a two-week closing high on Friday, led by telecom shares, but trading was dull as investors waited for direction amid political concerns over local-government electi…
COLOMBO, Jan 26 (Reuters) – The Sri Lankan rupee ended slightly firmer on Friday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars in dull trade, dealers said. The spot rupee, which traded at 153.70 per d…
COLOMBO, Jan 26 (Reuters) – The Sri Lankan rupee ended slightly firmer on Friday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars in dull trade, dealers said. The spot rupee , which traded at 153.70 per …
Tamil Nadu Chief Minister Edappadi K. Palaniswami on Thursday wrote to Prime Minister Narendra Modi registering the State government’s concerns on the enactment of a new law by the Sri Lankan government imposing huge penalties on Indian fishermen if they engage in fishing in the Palk Bay.
COLOMBO, Jan. 25 (Xinhua) — China will invest 1 billion U.S. dollars to construct the first building complex in Sri Lanka’s Port City project in capital Colombo this year, Sri Lankan Minister of Megapolis and Western Development, Champika Ranawaka said here Thursday. The Port City project is being …
COLOMBO, Jan 25 (Reuters) – Sri Lankan shares rose on Thursday for a second straight session, helped by gains in telecom and banking shares, with foreign investor purchases in Commercial Bank of Ceylon Plc boosting sentiment and turnover, dealers said….
At the receiving end of all corrupt activities are the innocent people of Sri Lanka, most of who struggle through day and night to make a living. Sadly, these corrupt acts have affected Sri Lanka’s humble farmer as-well. Minister of Rural Economic Affairs, these questions are for you.