Asian Development Bank grants $350 million to cash-strapped Sri Lanka
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
COLOMBO, May 26 (Reuters) – Sri Lanka’s tea production in the first four months of 2023 dropped 20% to aContinue Reading
TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading
COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading
Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading
COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms so far andContinue Reading
Cash-strapped Sri Lanka’s national airline announced a staggering $525 million annual loss on Friday. With nearly 6,000 staff, SriLankan AirlinesContinue Reading
BUENOS AIRES – Lionel Messi has received a formal offer to join Saudi Arabian club Al-Hilal next season, a sourceContinue Reading
COLOMBO (Reuters) – Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert saidContinue Reading
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion byContinue Reading