Former Minister C. B. Rathnayake has been arrested after appearing before the Bribery Commission to give a statement.
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Global Corporate Sectors to Feel the Impact of Ongoing Iran Conflict, Warns Fitch Ratings
Fitch Ratings-London: A prolonged Iran conflict could affect multiple corporate sectors worldwide, primarily through higher hydrocarbon prices, supply-chain disruption, and indirectly through weaker demand due to falling consumer confidence and higher interest rates, as well as a delayed recovery from the cyclical troughs, Fitch Ratings says. However, revenue and margins in a few sectors are
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Sri Lanka Assures No Power Cuts Planned, Encourages Energy Conservation Among Citizens
FINANCIAL CHRONICLE – The Sri Lankan government has announced that there are no plans for power cuts in the near future, despite the ongoing fuel shortage. However, officials have urged the public to use electricity sparingly. “We have no intention of implementing power cuts at this juncture,” stated Cabinet Spokesman Nalinda Jayatissa during a special
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The Strait of Hormuz, through which nearly a fifth of… Read more: Hormuz on edge – a global chokepoint under threat - The Eastern question: tourism, territory or something in between?
There is a temptation in Sri Lanka to swing between… Read more: The Eastern question: tourism, territory or something in between?
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