Sri Lanka s state-run Ceylon Petroleum Corporation which has been forced to borrow dollars by authorities whenever money is printed to create forex shortages has lost at least 250 billion rupees over three weeks as the rupee fell, based on available data.
Sri Lanka s state-run Ceylon Petroleum Corporation which has been forced to borrow dollars by authorities whenever money is printed to create forex shortages has lost at least 250 billion rupees over three weeks as the rupee fell, based on available data.
The annual convocation ceremony of CINEC Campus was held in three sessions at the Main Conference Hall of BMICH with a participation of over 3500. A record number of 930 graduates physically participated and received their Postgraduate and Undergraduate Degrees, Advanced Diplomas and Diplomas respectively in the fields of Maritime Science, Marine Engineering, Marine Electrical […]
Sri Lanka’s tea industry recorded its highest-ever prices, averaging Rs.704.67 per kg at the Colombo tea auctions during the month of January 2022, Sri Lanka Tea Board said in a brief note. Previous highest price was recorded in May 2020 averaging Rs.696.31 per kg soon after the successful conversion of the ‘outcry’ tea auction system into a […]
India has initiated talks with Sri Lanka for oil exploration, while a deepwater exploration block where carbon traces have been found earlier will be re-auctioned, Petroleum Minister Udaya Gammanpila said.