BUSINESS

India demands advance payment for fuel supply to Sri Lanka

India is seeking payment in advance for supply of fuel to Sri Lanka after credit lines were exhausted, according to people with knowledge of the matter, official sources said.

Colombo Port enhances its services to Bangladesh shippers

Sri Lanka Ports Authority (SLPA) is set to expand the Colombo Port services now being provided to Bangladesh shippers, official sources said. .

SriLankan Airlines and Kuwait Airways Launch Codeshare partnership

SriLankan Airlines and Kuwait Airways are to launch a new codeshare partnership effective 20 June 2022, which provides enhanced connections and convenience to customers of both airlines, Chairman of the Airline Ashok Pathirage said.

Interest rates further soared!

Interest rates further soared!

How did Sri Lanka default by not paying USD 78 mn, while working on a Forex inflows “pipeline” of USD 10,700 mn?

How did Sri Lanka default by not paying USD 78 mn, while working on a Forex inflows “pipeline” of USD 10,700 mn?

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