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Tag: Sri Lanka

July 1, 2022 No comments

Sri Lanka’s inflation rate exceeds 50% for the first time since 1954

July 1 (NewsWire) – Sri Lanka’s headline inflation has increased to 54.6% in June 2022 from 39.1% in May 2022.

June 23, 2022 No comments

Second ship from Tamil Nadu with 15,000 mt of relief material for Lanka on the way

Madurai, June 23 (The Hindu): The second ship, carrying over 15,000 tonnes of relief materials donated by the Tamil Nadu

June 12, 2022

Sri Lanka announces weekly fuel quotas for motorists amid shortage

Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened, and longer queues formed

May 3, 2022

China holds out the olive branch to Sri Lanka after standoff

By P.K.Balachandran Colombo, May 3: China, which had expressed displeasure over Sri Lanka’s approaching the IMF for a bailout without

April 8, 2022

Sri Lanka opposition to move no-confidence motion if economic crisis unaddressed

The head of Sri Lanka’s main opposition party said on Friday it would move a no-confidence motion in parliament against

April 4, 2022

New Ministers sworn in before President Gotabaya Rajapaksa

Colombo, April 4 (DailyMirror) – Four new ministers were sworn in before President Gotabaya Rajapaksa a short while ago, hours

March 22, 2022

Sri Lanka current economic crisis is similar to 1970s: New York Times article from 1974

March 22 – Sri Lanka’s current economic crisis is similar to that it faced in the 1970s, former Deputy Governor

March 12, 2022

India’s Western naval fleet visits Sri Lanka

Colombo, March 12 (newsin.asia): In continuation of Indian Navy’s endeavor to build ‘Bridges of Friendship’, with the Sri Lankan navy,

March 11, 2022

Hundreds of bakeries shut in Sri Lanka after cooking gas runs out

Colombo, March 11 (Reuters) – Nearly 1,000 bakeries have closed in Sri Lanka due to a severe shortage of cooking

March 10, 2022

Sri Lankan govt announces new incentive for migrant worker remittance

Colombo, March 10 (AdaDerana) – The Ministry of Finance has decided to provide a special incentive allowance for Sri Lankan

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