Exclusive articles:
PUCSL’s stance on electricity tariff revision pushes the country into dark abyss
Sri Lanka’s 60 -65% electricity tariff hike once in two months in accordance with IMF dictated power pricing formula is set to create another energy crisis with long hour power cuts as a result of the clash between the power and energy ministry and the public utilities commission headed by Janaka Ratnayake,official sources said.
State-owned SriLankan Airlines defaults on US $175m bond
SriLankan Airlines has defaulted on its US $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf the country in its independent history.
ILO steps into assist vulnerable ble community in the North
The International Labour Organisation (ILO) has come forward in supporting 3,725 vulnerable women and men in the Mannar, Kilinochchi, Vavuniya and Mullaitivu districts to earn an income as well as sustain their livelihood through several short-term relief mechanisms.
Chinese travelers in two minds for tours in Sri Lanka
Even in the aftermath of Covid -19 infections in China, Sri Lanka is yet to prepare for possible arrival of tourists from Beijing, which relaxed Covid-19 travel measures last month, officials said.
China’s debt factor in Col. files becomes crucial for economic revival
China’’s debt factor in Colombo files has now become crucial for Sri Lanka's economic revival with the International Monetary Fund (IMF) US2.9 billion bail out loan hanging on the balance.