Economic Crisis
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June 29, 2022, Wednesday
Sri Lanka: Postal services limited to three days-a week amid fuel crisis
The services by the main and sub-offices will be available on Tuesday, Wednesday, and Thursday, Daily Mirror Online reported
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June 29, 2022, Wednesday
Crisis-hit Sri Lanka's economy shrinks 1.6% in the March quarter
The contraction likely marks the beginning of a painful and long recession for the country
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June 28, 2022, Tuesday
Sri Lankan cabinet permits companies to import fuel as crisis worsens
The country ran out of fuel as only 1,100 tonnes of petrol and 7,500 tonnes of diesel are left, which are not sufficient to last ...
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June 27, 2022, Monday
Lanka raises fuel prices by 15%; to enlist foreign firms to ease shortages
The announcement came a day after Energy Minister Kanchana Wijesekera said there would be an indefinite delay in getting new ...
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June 26, 2022, Sunday
Sri Lanka introduces fuel rationing for pvt vehicles amid severe shortage
The public was requested to register their mobile numbers at their nearest filling stations and once their numbers were issued, ...
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June 26, 2022, Sunday
Crisis struck-Sri Lanka hikes fuel prices as filling stations go dry
Sri Lanka has hiked petrol price by LKR 50 and diesel by LKR 60 respectively, the third price revision in over two months, as the ...
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June 25, 2022, Saturday
Top US delegation to visit Sri Lanka to help island nation avert crisis
In an effort to help avert the ongoing economic crisis in Sri Lanka, a top delegation from the US comprising officials from the ...
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June 25, 2022, Saturday
Sri Lanka limits forex possession by citizens to support dwindling reserves
Sri Lanka is facing a severe forex crisis which forced the island nation to declare a default of its international debt, becoming ...
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June 24, 2022, Friday
Pakistan govt slaps 10% super tax on big industries to trim deficit
Tough decisions needed to save economy: Pak PM
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June 24, 2022, Friday
How the economic crisis in Sri Lanka is affecting Indian businesses?
Sri Lanka's economy is in a free fall. But some spillover of the Lanka crisis is hurting Indian businesses too, like the auto ...
