Sri Lanka approves law to liberalize petroleum imports
The ministry has already received 24 applications from multiple countries including India, China, Saudi Arabia, Russia, Malaysia and the US.
Wed Oct 19 2022
Sri Lanka to restrict fuel imports for next 12 months
Due to Forex issues, fuel imports has to be restricted in the next 12 months, Kanchana Wijesekera said.
Tue Jul 26 2022
Sri Lanka struggling to pay for fuel shipments - Minister
Sri Lanka is struggling to raise $587 million to pay for about half a dozen fuel shipments, Kanchana Wijesekera said.
Tue Jul 05 2022
Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages
The Cabinet also allowed bunkering companies already registered with the government to import jet fuel.
Tue Jun 28 2022
Crisis-hit Sri Lanka shuts schools, urges work from home to save fuel
The island of 22 million is struggling to pay for essential imports of food, medicine and most critically, fuel.
Mon Jun 27 2022
Sri Lanka left with fuel stocks for around five days, minister says
The country of 22 million people is caught in its worst financial crisis in seven decades after its foreign exchange reserves dwindled.
Fri Jun 17 2022
Sri Lanka increases fuel prices to address economic crisis
Fuel and transport price increases will inevitably flow through to food and other goods, economists said.
Tue May 24 2022
Disaster feared as chemical cargo ship sinks off Sri Lanka
Authorities have been battling the blaze since then, as flaming containers laden with chemicals have fallen from the ship's deck.
Wed Jun 02 2021
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024