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Sri Lanka president outlines plans to boost fuel storage
EconomyNext 3 months ago
Sri Lanka president outlines plans to boost fuel storage

“This will add roughly 10 days of additional storage capacity to our reserves,” Dissanayake said…

JICA gives Sri Lanka’s RDA drones to boost landslide prevention
EconomyNext 3 months ago
JICA gives Sri Lanka’s RDA drones to boost landslide prevention

The drones were given in response to an urgent request from RDA after Cyclone Ditwa.

Sri Lanka has petrol, diesel stocks for 27, 33 days: President
EconomyNext 3 months ago
Sri Lanka has petrol, diesel stocks for 27, 33 days: President

Several shipments, including one carrying 35,000 metric tons, will arrive on schedule, he said.

Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings
EconomyNext 3 months ago
Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings

The debentures are rated in line with Hayleys' National Long-Term Rating and existing unsecured note…

Sri Lanka central bank surveys VASPS
EconomyNext 3 months ago
Sri Lanka central bank surveys VASPS

To obtain information on virtual asset service providers (VASPS).

Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt
EconomyNext 3 months ago
Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt

Market halted due to the S&P SL20 index dropping over 5% from the previous close

Sri Lanka rupee depreciates, bond yields seesaw
EconomyNext 3 months ago
Sri Lanka rupee depreciates, bond yields seesaw

Rupee depreciated sharply on Middle East tension

Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy
EconomyNext 3 months ago
Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy

Capex to have appropriate returns to the economy

Sri Lanka expects fuel queues to ease from Tuesday; takes action to stop hoarding
EconomyNext 3 months ago
Sri Lanka expects fuel queues to ease from Tuesday; takes action to stop hoarding

Motorists stay in long queues to fill tanks

SriLankan cancels 10 flights to Middle East over airspace closure
EconomyNext 3 months ago
SriLankan cancels 10 flights to Middle East over airspace closure

All top global airlines operating in the Middle east are paralyzed due to escalating crisis

Sri Lanka sells extra Rs14bn Treasury bonds after auction
EconomyNext 3 months ago
Sri Lanka sells extra Rs14bn Treasury bonds after auction

Bringing the total of bonds sold in the week to 154 billion

Sri Lanka’s tax administration and justice – from revenue to repression
EconomyNext 3 months ago
Sri Lanka’s tax administration and justice – from revenue to repression

In one case matters 15 years old were raised. He ultimately simplified his affairs, and retreated fr…