Sri Lanka’s Regional Plantation Companies (RPCs) added their support to national efforts aimed at enhancing food security, with the launch of a new campaign to boost cultivation on RPC lands, while providing crucial assistance to their employees in mitigating the impact of increasing food prices. In total, the 24 private sector-owned RPCs in the country…
Sri Lanka’s premier connectivity provider, Dialog Axiata PLC (Dialog), is set to expand and improve broadband connectivity across the country with International Finance Corporation’s (IFC) support. IFC’s loan of up to $150 million will help Dialog expand and improve its network capacity through the upgrading of existing sites and the construction of new 4G sites….
(Reuters) – Bangladesh has asked the International Monetary Fund (IMF) to start negotiations for a loan, the finance minister told the Prothom Alo newspaper, while adding that the economy was “no way in trouble”. Minister A.H.M. Mustafa Kamal said he did not specify any amount in a letter he sent to the IMF on Sunday….
President Xi Jinping was the first super power leader to congratulate President Ranil on being appointed President. Most Sri Lankans assume that right wing Ranil will not and should not work with eastern friends. Some question how Ranil can work with countries other than western powers. Such persons may study the very moment SL is…
SORA’s objective is to become a usable currency for both users on Earth as well as the Metaverse SORA platform currency is governed by a Parliamentary system that has multiple bodies with clear separation of powers, and where the members are chosen randomly from the SORA Citizen population. XOR transactions are fast and cheap, costing…
Reuters – Sri Lanka canvassed oil companies in petroleum-producing nations on Tuesday to import and sell their products in the Indian Ocean island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades. Depleted foreign exchange reserves have left the nation of 22 million unable to pay for imports…
Originally planned for August 2022, the much-awaited Lanka Premier League (LPL) 2022 has been rescheduled for December 2022. The decision to move LPL 2022 to the end of the year was taken collectively by Sri Lanka Cricket (SLC) and IPG Sports, the Rights Holder of the tournament, in order to maximize attendance and deliver the…
Announces national proposal for future-focused technology and digitally empowered citizens to usher change and growth SLT-MOBITEL, the leading communication and technology service provider in Sri Lanka announced a national proposal to enhance critical services and sectors, and digitally empower citizens. SLT-MOBITEL, one of the most powerful players in the telecommunications and technology sector, cites archaic…
SriLankan Airlines says it is pleased to announce that the company has taken the necessary steps to settle the interest relating to its U.S.$175,000,000 / 7.00 per cent guaranteed bond due in 2024 and guaranteed by the Government of the Democratic Socialist Republic of Sri Lanka (ISIN iXS2010609662). The interest was paid in full within…
Bloomberg – Sri Lanka’s new President, Ranil Wickremesinghe, had sought the top job for decades. Now he has to find ways to avoid the fate of his predecessor as he fends off protesters who’re angry about persistent food and fuel shortages. The veteran politician was sworn in last week after months of protests escalated, forcing…
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