Courtesy MailOnline People queue outside a state-run supermarket to buy essentials in Colombo Sri Lanka’s food prices rose by a record 22.1 percent in December, official figures showed Saturday, as the country struggles to finance urgent imports to tackle an acute shortage of essentials. The census and statistics department said food inflation hit an all-time […]

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Usman Hanif Courtesy The Express Tribune Representatives from 40-50 firms will explore avenues of mutual cooperation, says envoy KARACHI: Sri Lankan trade minister will be visiting Pakistan on January 23 accompanied by representatives from 40 to 50 companies to explore avenues of cooperation and collaboration with the business community of Pakistan, revealed Consul General of Sri Lanka […]

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By Dushni Weerakoon* Courtesy Eurasia Review Sri Lanka ends 2021 with foreign currency reserves in hand (US$1.6 billion) to support a month of imports. For much of the year, a shortage of dollars saw uncleared essential imports piling up at the Colombo port as domestic prices soared. Directions from the country’s central bank to maintain an […]

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Courtesy Ceylon Today India will have a direct say in as many as 75 of the oil tanks in Trincomalee, with 14 of them to be retained by the Indian Oil company on lease for another 50 years. The Ceylon Petroleum Corporation will manage the remaining 24, energy minister Udaya Gammanpila said. He spoke to […]

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Courtesy The Island Exports of rubber, coconut, and cinnamon have generated US $ 4 billion in export earnings this year, Plantation Minister Dr. Ramesh Pathirana said. This year is the golden year of the plantation industry despite some issues,” the minister said. The Minister made this observation while participating in a function organized at the […]

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Courtesy The Daily Mirror The Janatha Vimukthi Peramuna (JVP) today alleged that the government was planning to lease out the Trincomalee oil tank farm to LIOC for another 50 years, albeit there is a chance to take over them by the government as the 20-year lease agreement with LIOC is to expire in two years’ […]

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Courtesy Adaderana The daily count of COVID-19 cases confirmed in Sri Lanka moved to 351 today (January 01), the Health Ministry confirmed. This brings the total number of confirmed cases of coronavirus reported in the country to 587,596. As many as 560,725 recoveries have been confirmed in Sri Lanka since the outbreak of the COVID-19 […]

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