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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.
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.
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.
Sri Lanka inflation rises to 6% in August 2021. Sep 1 (EN) SL’s inflation in the capital Colombo had risen to 6% in Aug 2021, from 5.7% in July with prices rising 0.3% in the month, data from the state statistics office shows.
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’s bondholder talks to finalise as early as next week. Jun 2 (DM) SL is upbeat about firming up talks with the bondholders, which will assist the island nation to come out of the selective default status faster. Prez Ranil Wickremesinghe shared that finalisations can be reached as early as next week.
Int’l university at Port City Colombo set to elevate regional education. Jun 20 (DM) Port City Colombo is set to become the engine of SL’s future economic development by opening up opportunities for local and international university level students to pursue academics in diversified fields of study.
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.
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