Sri Lanka – Page 13 – Asian News from UK

Lanka: Ranil’s yes to armed forces to maintain public order

The Army, Navy and Air Force have been called out for the maintenance of public order in nearly 30 districts, including capital Colombo….reports Asian Lite News Amidst looming protests mainly over tax

March 23, 2023

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IMF funding will lay foundation for a strong economy: Lanka President

The President told Parliament that the government also aims to reduce the inflation rate to 4 per cent to 6 per cent and bring it to a single digit by mid-2023…reports Asian

March 22, 2023

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‘LKR to appreciate once we enter IMF deal’

Wickremesinghe said once Sri Lanka receives the IMF funds, it can start restructuring external debt, adding that the LKR will trade between 185 to 200 against a dollar….reports Asian Lite News The

March 21, 2023

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Lanka secures $2.9bn IMF bailout

The development was confirmed to the media by State Minister of Finance Shehan Semasinghe late Monday night…reports Asian Lite News As Sri Lanka is still undergoing its worst ever economic crisis since

March 21, 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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UAE, Sri Lanka activate consular cooperation deal

The two sides discussed a number of joint consular matters and plans to follow up and develop them, in addition to discussing means to enhance joint consular cooperation….reports Asian Lite News The

February 28, 2023

-Top News·Sri Lanka·UAE News

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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‘Pakistan’s future will be determined by its own actions’

Pakistan is grappling with economic difficulties including dwindling forex reserves, high inflation and sharp depreciation of its currency. It is rolling out higher taxes to get the IMF bailout package…reports Asian Lite

February 22, 2023

-Top News·Pakistan

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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US defence delegation engages Lanka on security matters

US PDASD’s discussions with Sri Lankan defence officials were centred around matters of further strengthening the existing ties between the US and Sri Lanka…reports Asian Lite News Visiting top-level US defence delegation

February 17, 2023

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Sri Lanka - Page 13