According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000 per visit to a fuel station
The project is envisioned as a playground for the rich who would earn in dollars and keep all of it
PM Rajapaksa on Wednesday had offered to hold talks with the protesters.
Sri Lankan Prime Minister Mahinda Rajapaksa has said his government is ready to hold discussions with youth who are holding protests at the Galle Face Green
Social media posts from the participants said they were unwilling to have any talks unless the Rajapaksas quit from all positions in the government
The country is drowning in debt and the currency can buy little in a worsening crisis
Protests in Colombo intensified on Tuesday against the Sri Lankan government amidst the ongoing economic crisis, despite Prime Minister Mahinda Rajapaksa's appeal to the people
Sri Lanka's dollar bonds due July 2022 fell 1.8 cents on the dollar on Tuesday to a record low 46.07 cents. The rupee lost 0.5%.
The PM admitted that the country was falling over a precipice though his government was able to save it from the Covid-19 pandemic
As Sri Lanka makes another crucial political transition, it faces a major risk of macroeconomic instability
The enraged public has been demanding the resignation of President Gotabaya Rajapaksa.
Hundreds of protesters gathered near Rajapaksa's residence in a Colombo suburb late on Thursday before police moved in to disperse them with tear gas and water cannons
In a series of financial and humanitarian assistance by India, on March 18, $1 billion credit facility was extended to Sri Lanka as a "short term concessional loan facility"
Suspends operations at its only fuel refinery after crude oil stocks run out
Sri Lankan Prime Minister Mahinda Rajapaksa and his wife Shiranthi Rajapaksa offered prayers at the famous Sri Venkateswara Swamy temple at Tirumala on Friday
Sri Lankan President Gotabaya Rajapaksa has prorogued Parliament for one week and left for Singapore on an unscheduled visit.
Having just seen its $3 billion investment in Afghanistan go up in smoke, India's appetite for economic diplomacy may even be lower than usual.
Sri Lankan President has conveyed his heartfelt gratitude to his Chinese counterpart Xi Jinping for China's vote against a recent UNHRC resolution on the island nation's rights record
Bhutan Prime Minister and Sri Lankan premier congratulated their Indian counterpart Narendra Modi for the landmark launch of the world's largest Covid-19 vaccination drive
Sri Lanka owes about $960 million to India and earlier this year India agreed to a $400 million currency swap facility for Sri Lanka until November 2022