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Sri Lanka s CEB revenue Rs35 6bn in Nov, costs to rise in New Year: Minister

Sri Lanka’s Ceylon Electricity Board has generated a revenue of 35.6 billion rupees in November and 33.6 in October under the new tariff system, Minister Kanchana Wijesekera said.

Sri Lanka to get coal on credit from Indonesia s Arista Mitra

Sri Lanka will award a contract to buy 720,000 metric tonnes of coal from Indonesia s AristaMitra group, which will begin deliveries from February 2023, officials said.

Sri Lanka in talks with India over Asian Clearing Union dues

Sri Lanka is discussing with India a cross border deferred payment due to India under the Asian Clearing Union, a regional arrangement set up by money printing central banks after the collapse of the Bretton Woods system.

Share price appreciations in LOLC and Hayleys Group counters

By Hiran H. Senewiratne CSE trading activities were positive yesterday mainly due to the announcement of an Indian relief package, on an urgent basis to Sri Lanka, following Finance Minister Basil Rajapaksa’s New Delhi visit that focused on measures to tide over the current economic crisis that Sri Lanka is facing, market analysts said. Indian […]

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