Page 12 - Sri Lanka

Sri Lanka's state-run oil company raises fuel price amidst economic crisis

The state-run Ceylon Petroleum Corporation's (CPC) new price of 92 octane petrol Rs 338 per litre is an increase of Rs 84 and now matches the per litre price of Lankan Indian oil company (LIOC)

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

Sri Lankan Prez Gotabaya Rajapaksa admits mistakes led to economic crisis

Gotabaya made the admission while speaking to new Cabinet ministers he appointed Monday as he and his family seek to resolve a political crisis resulting from the country's dire economic state

Facing public ire, Sri Lanka's President to 'review executive powers'

Expands Cabinet ahead of IMF talks; Mahinda stays on

Sri Lankan prez appoints 17 ministers in Cabinet to fight economic crisis

The new Ministers have been appointed with the aim to ensure the smooth functioning of the administration

Sri Lanka's largest business group opposes decision to close stock market

On Saturday, the SEC announced that it had decided to direct the Colombo Stock Exchange to temporarily close the stock market for a period of five business days starting April 18

Indian tea companies smell opportunity as Sri Lanka crisis brews

Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report

Sri Lankan delegation heads to US to seek $4 bn bailout package from IMF

A Sri Lankan government delegation is headed to the US as it desperately tries to salvage the country's beleaguered economy

Sri Lanka army says will uphold constitution, not interfere with protests

The Army's statement comes after former Army Commander Sarath Fonseka commented that the troops must not obey illegal orders inferring a crackdown on the protesters

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Live: Russia retaliates against UK sanctions on its top officials with entry bans on Prime Minister Boris Johnson and much of his cabinet.

Sri Lanka stock exchange to halt for five days from April 18 amid crisis

A Sri Lankan delegation is headed to Washington, looking to secure up to $4 billion from the International Monetary Fund and other lenders

Twitterati ask Musk to buy Sri Lanka instead of Twitter for $43bn

Twitter users want Tesla CEO Elon Musk to acquire Sri Lanka instead of the microblogging site for $43 billion, as the country faces its worst economic crisis since its Independence.

Police sergeant arrested for joining Galle Face protest in Sri Lanka

A Sri Lankan Police sergeant, who was arrested for joining the protest at the Galle Face Green area in uniform and making a statement to the media, has been released on bail

SL protesters call Rajapaksa govt tyrant, full of nepotism amid protests

A massive crowd continues to remain gathered at Galle Face, the main beachfront in the capital Colombo, outside Sri Lankan President's secretariat to protest amid economic crisis

MK Stalin urges Centre to allow TN govt to ship essentials to Sri Lanka

TN CM MK Stalin on Friday urged the Central government to allow the state government to ship essential commodities from Thoothukudi port to the Sri Lankan Tamils amid the unprecedented economic crisis

Sri Lanka starts fuel rationing amidst severe economic crisis: Report

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000 per visit to a fuel station

Crisis-hit Lanka seeks India's help for cooking gas supply

With long lines for fuel, cooking gas, essentials in short supply and long hours of power cuts, the public has been suffering for months

Allow TN to ship essentials to Lanka from Thoothukudi port: CM

During his meeting in March, he had apprised the Prime Minister about Tamil Nadu's willingness to provide essential commodities and life-saving medicines to the Lankan Tamils

Sri Lanka starts fuel rationing amidst severe economic crisis

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000 per visit to a fuel station

Sri Lankan airlines issues Request for Proposal to lease of 21 aircrafts

State-run Sri Lankan Airlines has issued a Request for Proposal (RFP) to lease up to 21 aircraft by 2025 to support its business strategy as the airline is planning to grow its business