Vaiko, several others arrested during Lanka protest

Central Bank says official reserves has reached USD 3.1 billion

The Central Bank of Sri Lanka announced today that with the receipt of recent inflows, the official reserves position has now reached around US Dollars 3.1 billion, and is expected to remain at such level by end of 2021. In addition, as articulated in the Six-Month Road Map for Ensuring Macroeconomic and Financial System Stability, foreign currency inflows in connection with several other facilities that are under negotiation at present, are expected to be realised in the early part of January

29 Dec, 2021

Wanindu Hasaranga nominated for ICC Men’s T20I Player of the Year

Wanindu Hasaranga has been nominated for the ICC Men’s T20I Player of the Year award. It was a breakthrough year for Wanindu Hasaranga, who established himself as one of the best spinners in the shortest format while also being a player who could contribute with the bat. A consistent performer throughout the year, Hasaranga’s star shone the brightest during the T20 World Cup in UAE and Oman. He ended the tournament as the leading wicket-taker with 16 scalps and also played some handy knocks wi

29 Dec, 2021

Subsidiary formed under CPC to develop Trinco oil tank farm

A subsidiary has been formed under the Ceylon Petroleum Corporation (CPC) to develop the Trincomalee oil tank farm, Energy Minister Udaya Gammanpila said. Gammanpila said the subsidiary has been named the Trinco Petroleum Terminal Ltd. Sri Lanka is expected to sign the controversial Trincomalee oil tank farm deal with India in a month. ?We have been negotiating this for 16 months, and we are now very close to finalising the terms of the Trincomalee project with India. We hope to sign the agre

29 Dec, 2021