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OMAN'S oil ministry today (20) denied being part of a £2.92 billion ($3.85bn) plan to build an oil refinery in Sri Lanka, a day...
INDIA'S Accord Group and Oman's Ministry of Oil and Gas have signed a $3.85 billion (£2.91bn) deal to build an oil refinery in Sri...
SRI Lanka on Tuesday (5) boosted spending on state employees, pensioners and the armed forces, and promised many rural infrastructure projects in a 2019...
India’s central bank, Reserve Bank of India (RBI) has agreed to provide $400 million to the Central Bank of Sri Lanka (CBSL) under its...
Hambantota port to China
On Saturday Sri Lanka formally handed over the southern sea port of Hambantota to China on a 99-year lease. Last year, Ravi Karunanayake the former finance minister had...
Amid fears of government shutdown, Sri Lankan prime minister Mahinda Rajapaksa is likely to resign from his post, according to a tweet by his...
Sri Lanka’s cash-strapped national carrier said on Wednesday (October 5) it will pay a penalty for cancelling leases on four Airbus A350s, with official...
Sri Lanka announced on Thursday (November 10) it would lift a ban on foreigners owning property as the cash-strapped country sought to attract foreign...
Sri Lanka hopes to sell part of its loss-making $1.4 billion (£1.2bn) harbour to a Chinese company in January to help pay off crippling...
Sri Lanka hopes to sell part of its loss-making $1.4 billion (£1.2bn) harbour to a Chinese company in January to help pay off crippling...

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