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Sri Lanka s government appears increasingly upbeat about its chances of receiving International Monetary Fund (IMF) board approval for a USD 2.9 billion bailout by December, but the multilateral lender has cautioned that the time frame remains uncertain, and much depends on discussions with the heavily indebted country s creditors. MORE..
29 Sep 2022 (3:02 PM)
Minister of Power and Energy Kanchana Wijesekera says that a spot tender has been advertised following the international competitive bidding method for the supply of 300,000 metric tonnes of coal. MORE..
29 Sep 2022 (10:31 AM)
President Ranil Wickremesinghe says the long-standing friendship between Sri Lanka and the Philippines would be promoted by developing Asian regional cooperation. MORE..
29 Sep 2022 (9:34 AM)
The Bank of England sought to quell a fire-storm in the British bond market, saying on Wednesday it would buy as much government debt as needed to restore financial stability after chaos triggered by the new government s fiscal policy. MORE..
28 Sep 2022 (7:55 PM)
Resource : Ada Derana