United States Airlifts Emergency Supplies to Help Sri Lanka Combat Covid-19 Surge
The United States continues to stand with the people of Sri Lanka in the battle against the COVID-19 surge. Yesterday, U.S. Embassy Charge d’Affaires Martin Kelly and Secretary to the…
Potential Russian Nuclear Power Plant In Sri Lanka Not On SPIEF Agenda
(UrduPoint News / Sputnik) The prospective plans for Russia to develop a nuclear power plant for Sri Lanka are not part of the agenda of this year’s St. Petersburg International Economic Forum (SPIEF), Sri Lankan State Minister of Money and…
CCC Partners with Australia’s Market Development Facility to promote inclusive and sustainable private sector-led growth
The Ceylon Chamber of Commerce (CCC) recently entered into an MOU with Market Development Facility (MDF), Australia’s flagship private sector development program, to support the private sector in innovating to…
Fitch Ratings Expects IMF Board to Approve Proposed SDR allocation in August
Fitch expects the new general special drawing rights (SDR) allocation to be approved by the IMF’s board of governors, likely in August. The move will raise foreign exchange reserves for…
U.S. Senate advances bipartisan legislation to counter China’s growing influence
(CNN): The Upper Chamber of United States Congress, Senate last Thursday advanced bipartisan legislation that would counter China’s growing influence by investing over $200 billion in American technology, science, and…
Brain Research Confirms Stupidity Of Back-to-Back Meetings
By Pim de Morree Most people have way too many meetings at work. This sucks. And it’s frustrating. Brain research now confirms what we have all experienced: back-to-back meetings are stupid. Back…
New Investor to soon acquire Breadtalk’s Sri Lankan franchisee
RIL Properties PLC is progressing with negotiations with a potential investor to dispose of its entire stake in FoodBuzz (Private) Limited which owns franchise rights of BreadTalk in Sri Lanka. The…
Sri Lanka To Sue Singapore Ship Owners Over Marine Pollution
AFP:Sri Lankan authorities Sunday said they will sue the owners of a Singapore-registered cargo carrier which has burned for 11 straight days off the island’s west coast and caused some…
Costly Chinese COVID Vaccine Sparks Row in Sri Lanka
Disclosure of procurement price of China’s Sinopharm vaccine in Sri Lanka has sparked a row after reports emerged that Colombo had to shell out a higher per-dose price than its…
Bangladesh Offers $500M Lifeline to Sri Lanka ahead of $1B Dollar Bond Maturity
In a first for Bangladesh, the country has extended a lifeline of sorts to the beleaguered Sri Lankan economy, offering to top up the island nation’s depleting foreign reserves by…