China's International Lending And The Developing World's Indebtedness
In the past two decades, China's global economic clout has not only increased its contribution to the global economy, but has also caused global indebtedness to rise significantly,
Dhaka and Colombo keen to boost maritime cooperation
Dhaka, May 12 -- Bangladesh and Sri Lanka are discussing ways to strengthen ties in the maritime sector, said State Minister for Shipping Khalid Mahmud Chowdhury on Friday.
Sri Lankan Airlines posts US $ 525 million annual loss
Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday.
Sri Lanka new Electricity Act enters at final stage of drafting
The new Electricity Act, which will unbundle the Ceylon Electricity Board under restructuring process and begin the reforms, is at the final stage of drafting.
SL Airlines has initiated campaign to promote Buddhist Pilgrimage
Sri Lankan Airlines has launched a awareness campaign to promote Buddhist Overseas Pilgrimage tackling all bottles necks in consultation .compromise and consensus, Dimuthu Tennakoon, Head of Worldwide Sales & Distribution disclosed. .
US fuel retailer to build pipeline to start SL fuel distribution
A new fuel pipeline is to be laid between Colombo Port and the Kolonnawa terminal ahead of the signing agreement with a US company to begin its retail fuel distribution in Sri Lanka.
Minister resigns over video of luxury Coronation trip
Papua New Guinea's foreign minister has quit after a controversy over spending on the country's official delegation at King Charles III's coronation.
SriLankan Airlines achieves first operating profit in 15 years
For the first time in 15 years, SriLankan Airlines has succeeded to post an operating profit of Rs. 1.7 billion in FY22 reflecting improvement as against a loss of Rs. 8.12 billion in the previous year.
Sri Lankan baker wins Paris’s ‘Best Baguette’ award
Au Levain des Pyrénées boulangerie and baker Tharshan Selvarajah, 37, took first place in the 30th annual “Grand Prix de la Baguette de Traditional Francaise de la Ville De Paris,” the most revered baguette competition.
SL seeks World Bank’s assistance for a full assessment on electricity tariff hike
The Government has requested the World Bank’s assistance to conduct a full assessment of the recent electricity tariff hikes and the impact it has on both, poor and vulnerable groups.
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Sri Lanka passport issuance suspended
The Immigration and Emigration Department Controller General I.S.H.J. Ilukpitiya announced yesterday a temporary suspension of the acceptance of passport applications, in a move to introduce a new system to issue passports.
Imran Khan to be released from custody in Pakistan, court rules
Pakistan's ex-prime minister Imran Khan is to be freed from custody, a day after the Supreme Court ruled his dramatic arrest on corruption charges was illegal.
Victims demand compensation
Several patients who developed complications due to the use of ‘Prednisolone’, an eye drop used after cataract surgeries at three government hospitals, demand financial compensation for the damage caused to their eyes and possible threats to their lives.
Milk powder importers to slash prices
The price of a kilogramme of milk powder will be reduced by Rs. 200 with effect from May 15, Trade Minister Nalin Fernando said.