Sri Lankan Cabinet approves new measures to facilitate economic recovery
Sri Lanka's cash-strapped government has approved several measures, including imposing a 2.5 per cent social…
Browsing Tag
Sri
The AP Interview: Sri Lanka PM says he’s open to Russian oil
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said.Prime Minister Ranil…
‘There is no money left’: Covid crisis leaves Sri Lanka on brink of bankruptcy
Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go bankrupt in 2022 as inflation rises to record levels, food prices rocket and its coffers run dry.The meltdown faced by the government, led by the…
Sri Lanka invites more Indian investments in ports, infra, energy and manufacturing
Sri Lanka has urged more Indian investments in ports, infrastructure, energy, power and manufacturing sectors, days after New Delhi announced a USD 900 million loan to Colombo to build up its depleted foreign reserves and for food…
Atmosphere appoints Cyrus Madan as Senior VP – Business Development India, Sri Lanka,
Atmosphere Hotels & Resorts (AH&R) has announced the appointment of Cyrus Madan as Senior Vice President – Business Development India, Sri Lanka, Bhutan and Nepal. The newly created role ensures dedicated leadership and…