Straight Drive 28-06-2021

Sri Lankan telecom operators Dialog Axiata and Bharti Airtel have signed a definitive agreement to merge telecom operations in the island nation, the companies said on Thursday, nearly a year after the merger was announced. MORE..

18 Apr 2024 (3:04 PM)

Indonesian authorities issued a tsunami alert Wednesday after eruptions at Ruang mountain sent ash thousands of feet high. Officials ordered more than 11,000 people to leave the area. MORE..

18 Apr 2024 (11:22 AM)

The International Monetary Fund (IMF) stands ready to support Sri Lanka s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. MORE..

18 Apr 2024 (2:03 PM)

The Criminal Investigations Department (CID) has arrested a retired Major of the Sri Lanka Army and another person for fraudulently obtaining money from individuals on the promise of sending them for employment in the Russian army, police said. MORE..

18 Apr 2024 (1:32 PM)

The State-Owned Enterprise Restructuring Unit (SRU) of the Finance Ministry has officially released the names of the local and foreign firms that have submitted responses to the respective requests for quote and the shortlisted bidders for the divestiture of shares held by the Government of Sri Lanka in several key state-owned enterprises... MORE..

18 Apr 2024 (6:21 PM)