The Colombo Stock Exchange All Share Price Index fell by 494.74 points, or 4.88%, to 9,647.55 points at the close of trading yesterday (29). Accordingly, this is the first time since October 25 last year that the All Share Price… Read More
Current Economic Crisis in Sri Lanka – Sri Lanka has requested another US $ 250 million in exchange from Bangladesh.
Sri Lanka has requested another US $ 250 million in exchange from Bangladesh. The Government of Sri Lanka has made this request to the Foreign Minister of Bangladesh who is in Sri Lanka to attend the BIMSTEC Summit. Sri Lanka… Read More
SriLankan Airlines suspends flights to Russia
SriLankan Airlines Russian tours that were suspended due to an insurance coverage issue is set to resume flights between Sri Lanka and Russia soon, Tourism Minister Prasanna Ranatunga said. The Minister also said that discussions are underway to implement an… Read More
Current Economic Crisis in Sri Lanka -Inflation is 55% .. Sri Lanka is sixth in the world
According to the latest inflation chart by Steve Hanky, a professor of applied economics at Johns Hopkins University, Sri Lanka has risen to sixth place. According to Steve Hanky’s inflation, inflation in Sri Lanka has risen to a record 55%… Read More
A no-confidence motion against Prime Minister Imran Khan
Opposition parties in Pakistan have filed a no-confidence motion against Prime Minister Imran Khan. The no-confidence motion, which alleges that Pakistan has plunged the country into a serious crisis due to poor management of its economy, is due to be… Read More
India and Sri Lanka have signed six Memoranda of Understanding
India and Sri Lanka have signed six Memoranda of Understanding The Indian High Commission stated that the relevant agreements were signed at the Ministry of External Affairs yesterday. Accordingly, the implementation of a digital reciprocity program, the Establishment of a… Read More
“Diesel landing delay: Avoid being in diesel queues today and, tomorrow, Petrol will distribute as usual” – Petroleum Corporation
A ship carrying 37,500 tons of diesel has not been able to land as planned. Due to this, the Ceylon Petroleum Corporation warns the public not to wait in line at petrol stations for diesel today(30) and tomorrow (31). However,… Read More
US Under Secretary of State for Political Affairs visits the Port of Colombo
A special US delegation led by US Under Secretary of State for Political Affairs Mrs. Victoria Nuland recently made a special visit at the Port of Colombo (POC). US Ambassador Her Excellency Juli J. Chung also included in the delegation. The delegation inspected the ongoing port… Read More
BIMSTEC Foreign Ministerial Conference is today
The Foreign Ministers’ Conference of BIMSTEC member countries will be held today (29). It was at the Bandaranaike International Conference Hall. Delegates from 7 countries including India, Bangladesh, Bhutan, Myanmar, Thailand and Nepal are participating in the 5th BIMSTEC Summit… Read More
Sri Lanka seeks $ 1 billion additional loan from India
Sri Lanka has requested an additional $ 1 billion loan from India to import essential food items, Reuters reports. According to a Reuters report, the Indian authorities have indicated that they will comply with Sri Lanka’s request for a new… Read More
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