Sri Lanka’s new economic law to be presented to parliament this week
COLOMBO (Reuters) -Sri Lanka’s new economic transformation law will be presented to parliament this week and will include measures toContinue Reading
Category: Business Briefing
Musk launches Starlink in Indonesia
(AFP)-Tech billionaire Elon Musk launched Sunday his Starlink service on Indonesia’s resort island of Bali as the country aims toContinue Reading
Sri Lanka Polls Could Risk Economic Recovery-Central Bank Chief
(AFP)-Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, theContinue Reading
Sri Lanka inks 20-year power purchase deal with India’s Adani Green
COLOMBO (Reuters) – Sri Lanka has entered into a 20-year power purchase agreement with India’s Adani Green Energy Ltd forContinue Reading
Sri Lanka to hand management of China-built airport to India, Russia companies
(AFP)-Sri Lanka said Friday it had leased a white elephant international airport built with Chinese loans to a foreign jointContinue Reading
‘China Is The Winner’ In Maldives Election
(AFP)-A landslide parliamentary election victory for the Maldives’ pro-China president clears the way for him to redraw the physical andContinue Reading
Sri Lanka to consult with IMF on latest bondholders’ proposal, finance ministry says
COLOMBO (Reuters) – Sri Lanka will consult with the International Monetary Fund (IMF) to assess if the latest proposals discussedContinue Reading
A year’s worth of rain floods Dubai, airport as Oman toll rises to 18
(AFP)-Torrential rain flooded roads, homes and malls and briefly halted operations at Dubai’s airport as storms lashed the Gulf onContinue Reading
Sri Lanka debt restructuring stumbles as govt rejects bondholders’ proposal
COLOMBO (Reuters) -Sri Lanka on Tuesday rejected international bondholders’ proposal to restructure more than $12 billion in debt, putting atContinue Reading
Elections Could Dent Sri Lanka’s Recovery- ADB
(AFP)-Sri Lanka’s recovery could be stalled by abrupt policy changes after elections later this year even as the economy showedContinue Reading
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