Sri Lanka yesterday sealed the biggest-ever investment in to the port sector worth $ 650 million with joint project promoters – India’s giant Adani, local blue chip John Keells Holdings (JKH) and the State-owned SLPA signing the...

Despite Sri Lanka experiencing a foreign exchange deficit in recent months, Minister of Energy Udaya Gammanpila stated the Governor of the Central Bank has pledged to provide the Ministry of Energy with a total of USD 200 million per month f...

On Prime Minister Mahinda Rajapaksa’s directives, the Government has allocated USD 50 million to pay shippers and clear around 800 containers of essential commodities held at the Port.

Sri Lanka is in discussion with the Indian government for a 500 million US dollar credit line to buy fuel to and delay payments, President’s Secretary P B Jayasundera said.