Exclusive articles:
Govt to avoid long hour power cuts as coal shipments nearing island shores
Sri Lanka is set to avoid impending eight to ten hour power cuts predicted by Ceylon Electricity Board Engineers Union and some officials as a result of the government’’s efforts to bring down coal to run Lakvijaya power plants materialized.
UN assures crisis-hit Sri Lanka with financial, technical support
The United Nations has assured Sri Lanka with UN's financial and technical support as the South Asian island country attempts to recover from an economic crisis.
Sri Lanka expects extended fund facility of IMF in 1H this year – President
President Ranil Wickramasinghe says that the government expects to receive India’s response regarding Sri Lanka’s debt restructuring at the end of this month leading to US$2.9 billion IMF bail out loan approval by the first quarter of this year.
SL resumes Taiwan FTA talks Monday and its Indo/China parleys soon
Sri Lanka, racked by civil unrest and economic disruptions for much of the year, is now ready to resume free-trade agreement talks with India, China and Taiwan amid new social stability within the island nation, a top official heading negotiations is revealed.
BOC under fire of defaulting loans given to state institutions
Samagi Jana Balawegaya (SJB) MP S.M. Marikkar has written to Committee on Public Enterprises Chairman Ranjith Madduma Bandara, calling on him to summon the Bank of Ceylon (BOC) before it immediately to question the status of non performing loans.