Thousands of protesters in Sri Lanka's commercial capital Colombo stormed the president's official residence and his secretariat on Saturday amid months of mounting public anger over the country's worst economic crisis in seven decades. Sri Lanka's President Gotabaya Rajapaksa fled his official residence in Colombo on Saturday moments before thousands of protesters broke through police barricades and stormed the compound. Meanwhile, prime minister Ranil Wickremesinghe called an urgent meeting with his cabinet minister after the president fled his residence.
By Hiran H.Senewiratne CSE trading started on a positive note and during the middle of the session the bourse showed some substantial gains. The trading ended marginally up yesterday, stock market analysts said. Prime Minister Ranil Wickramasinghe’s statement on the current economic situation in Parliament that the IMF staff level discussions will be concluded at […]
Sri Lanka will impose power cuts up to 3 hours and 40 minutes from May 19-21, Public Utilities Commission (PUCSL) Chairman Janaka Ratnayake said on Wednesday (18).
By Neville Ladduwahetty According to media reports the government of Sri Lanka (GOSL) has signed three new Agreements, dated 6 January, 2022 relating to the Trinco oil Tank Farms. The first with the Ceylon Petroleum Corporation (CPC), the second with the Lanka IOC PLC (LIOC), and the third with a Joint Venture Company incorporating the […]