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Sri Lanka to go ahead with Russian firm to operate Mattala airport despite US advice. Jun 3 (EN) SL will hand over its Chinese-built airport operations to a consortium with Indian and Russian firms, despite the US has informed about a US sanction on the key stakeholder of Moscow firm, Aviation Minister said.
Sri Lanka level series 1-1 after Asalanka, Wellalage help ace 314 chase. Dec 1 (CI) Charith Asalanka produced the innings of his ODI career so far, hitting 83 high-pressure runs off 72 balls to help Sri Lanka orchestrate a record chase of 314 at Pallekele and help his side level the three-game series 1-1.
Debt restructuring: Sajith alleges Prez failed to secure optimal deal. Jun 3 (Island) SJB leader Sajith Premadasa told Parliament that the govt had failed to secure the optimal deal in the debt restructuring process. Soon after the Prez made a special statement to the House, Premadasa said that the govt had failed to secure the best possible ...
Sri Lanka to give US$50mn to clear 800 containers stuck at port: Consumer Minister. Sep 28 (EN) PM Mahinda Rajapaska had proposed to provide US$ 50 million to pay for shippers and clear containers stuck at port, at this week’s cabinet meeting, Minister Lasantha Alagiyawanna said.
Sri Lanka foreign exchange earnings exceed imports by US$ 611mn in May. Jun 30 (EN) Sri Lanka’s current foreign exchange earnings from exports, remittances and gross services totalled US$ 2,016 million, exceeding imports of US$ 1,404 million by US$ 611 million in May 2024.
The Prez declares: Sri Lanka won. Jul 2 (ST) The SL people with all their fears, with all the hopes of future years, were hanging breathless to learn of their fate these last few days at the news that an auspicious announcement will be made by the Prez on Wednesday at 8pm on national television.
Port trade unions protest increase in female labor force. Jul 3 (EN) Sri Lanka’s port trade unions have protested the increase of female gantry crane operators despite the port employing only 10 females working in the role, Minister Nimal Siripala De Silva said.
Sri Lanka reduces bus fares by 5%. Jul 1 (EN) Bus fares will be reduced by 5.07% from midnight July 1, Sri Lanka’s National Transport Commission announced. The minimum fare will be reduced by 2 rupees from 30 to 28.
May marks improvement in external sector. Jul 1 (FT) SL’s external sector saw improvement in May as per the latest data released by CBSL. CBSL said in May 2024, external sector was supported by a narrowed trade deficit, higher inflows to the services account and higher workers’ remittances.
Jun 3 (FT) The Commercial Bank of Ceylon’s and SL’s largest ever debenture issue by a private bank closed after oversubscription on its opening day, Tuesday (2), raising Rs. 20 billion for Sri Lanka’s biggest private sector bank, and demonstrating investor confidence in the institution.
