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In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
Aslef is embroiled in a long-running pay dispute which remains deadlocked after 18 months.
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
Members of four trade unions will strike for 24 hours, causing the worst rail disruption of the year so far, with some areas of the country having no services all day.
2019 railway strike in Sri Lanka was an industrial dispute which happened for 12 consecutive days between the Sri Lanka Railways and the Government of Sri Lanka over the salary increments. It was considered to be one of the longest railway strikes in Sri Lanka since 2008. The strike began in mid September from midnight and ended up on 7 October ...
‘This is a political dispute caused by the government,’ claims train drivers’ union Train strikes 2023: Everything you need to know about September and October rail industrial action Skip to ...
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
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