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Sunday, November 27, 2022

Ministry of Finance and Cent hold virtual meeting with Official Creditors

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The Sri Lankan authorities held a virtual meeting with Sri Lanka’s official creditors today (3). The meeting was chaired...

Instagram Outage Across The World, Many Say “Accounts Suspended”

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Instagram is looking into an issue that has prevented thousands of its users from accessing the photo-sharing platform, with several of them...

President presented the maiden apple harvest produced in Sri Lanka

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The maiden harvest of a green apple plantation in Sri Lanka was presented to President Ranil Wickremesinghe this morning (20) at the...

Sri Lanka’s economy shrinks in second quarter of 2022

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Sri Lanka’s Department of Census and Statistics (DCS) states that the year-on-year GDP growth rate for the second quarter of 2022 has...

Twitter shareholders approve $44bn Musk deal

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Twitter's shareholders have voted to approve a deal with Elon Musk to buy the company for $44bn (£38bn). BBC -...

DECATHLON to suspend retail operations in Sri Lanka

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Sporting goods retailer DECATHLON has announced that will indefinitely suspend all retail operations in Sri Lanka (store and eCommerce) from 30th October...

Merchandise exports for first 07 months in 2022 increases by 11.8%...

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Earnings from the merchandise exports increased by 2.25 % y-o-y to US$ 1,128.7 Mn in July 2022 as per the data released...

Indian billionaire Gautam Adani is now the world’s third richest man

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Hong Kong (CNN Business) - Gautam Adani was already Asia's richest man. Now he's also the world's third richest person, overtaking LVMH (LVMHF) chairman...

Govt. decides to sell 49% stake and administration in Sri Lankan...

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Aviation Minister Nimal Siripala de Silva says that proposals are to be called for from desiring investors to invest in 49% shares...

Analysis: Pain of breaking inflation will reverberate around the globe

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JACKSON HOLE, Wyo., Aug 29 (Reuters) - The message from the world's top finance chiefs is loud and clear: rampant inflation is...