Sri Lanka's central bank held its overnight policy rate steady on Wednesday to underpin a stronger economic recovery as the country gradually pulls ahead from its worst financial crisis in decades. The decision,
The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, aiming to reduce the cost to below $0.06 per unit.
The Central Bank of Sri Lanka (CBSL) held its policy rate at 8% on January 28 as inflation in the country remained in negative territory. The CBSL said its decision would support its goal of achieving 5% inflation over the medium term and bolster the economy.
Two Indian fishermen who sustained serious injuries during the apprehension of 13 Indian fishermen in the proximity of Delft Island were injured by accidental firing during their arrest by the Sri Lankan Navy,
Issuing a clarification regarding the controversy over containers released recently, Sri Lanka Customs says that there were no cargo designated to Expolanka Holdings among the 323 containers released
Sri Lanka spoiled Australia's unbeaten run ahead of the semi-finals, while Nigeria held on to edge past Ireland in a close contest.
Usman Khawaja's first Test century in almost two years and Steve Smith joining a prestigious group of all-time greats were the individual high points, but Australia's batting dominance on return to Asian conditions provided the story of day one against Sri Lanka at Galle.
Sri Lanka's central bank held its overnight policy rate steady on Wednesday to cement a stronger economic recovery for the country hit by its worst financial crisis in decades. The decision comes just days ahead of the new government's first full-year budget due to be presented in Parliament next month.
Australia had already qualified for the semi-finals ahead of Sri Lanka but were unable to carry their unbeaten record into the last four. Chamudi Praboda led an impressive bowling attack that took regular wickets and refused to allow Australia to build any momentum in their chase of 100.
Stand-in captain Steven Smith scored his 10,000th Test run before compiling a majestic half-century, while Usman Khawaja reached his 16th ton as Australia were rewarded for an aggressive approach against a spin-heavy Sri Lanka attack on a slow Galle surface.
The NPP government has announced that it is reviewing the Adani Group’s $442 million wind power projects in Mannar and Pooneryn.