Sri Lanka plans to begin evaluating Expressions of Interest (EOIs) in its offshore hydrocarbon reserves, following the enactment of the legal regulatory framework on offshore oil and gas, the Petroleum Development Authority of Sri Lanka (PDASL) said yesterday (14). When contacted by The Sunday Morning, PDASL Chairman Saliya Wickramasuriya said: “Sri Lanka will operate an […]Read More
The International Monetary Fund (IMF) has insisted that the Sri Lankan Government significantly increase tax revenue as percentage of its Gross Domestic Product (GDP), says Sri Lankan President Ranil Wickremesinghe, adding that failure to comply would lead to a return to the infamous era of queues seen during the first half of this year. “The […]Read More
Calling for an end to bringing children to protest demonstrations, Sri Lankan President Ranil Wickremesinghe has likened the practice to the use of children as human shields by late LTTE Leader Velupillai Prabhakaran. All measures will be taken in consultation with Attorney General Sanjay Rajaratnam to prevent young children from being brought to protests, he […]Read More
NEW DELHI: Hit hard by an unprecedented financial crisis, Sri Lanka is trying to find its feet. Tourism, one of the mainstays of its economy, is beginning to recover; authorities are looking to attract more tourists from India. Business activity is picking up. The road to recovery is long, tough and will take time. The […]Read More
Due to the severity of Sri Lanka’s economic crisis and the lack of household finances, there has been an increase in the number of children being admitted by their families to children’s homes in the Northern Province. Statistical data provided by the Child Care and Probation Department of the Northern Province has revealed that as […]Read More
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