India-Maldives Row Escalates, Agency Suspends Flight Bookings to Islands
COLOMBO/NEW DELHI (Reuters) – One of India’s largest travel platforms suspended flight bookings to the tourism-dependent Maldives on Monday afterContinue Reading
Category: Business Briefing
Maldives suspends ministers after ‘clown’ jibe against India’s Modi
(AFP)-Maldivian President Mohamed Muizzu suspended three deputy ministers on Sunday for making “derogatory remarks” against Indian Prime Minister Narendra Modi, the government said.Continue Reading
President of Maldives to visit China Jan 8-12, Beijing says
New Delhi (Reuters) – The president of the Maldives, Mohamed Muizzu, will pay a state visit to China from Jan. 8Continue Reading
Sri Lanka President says country will deploy naval vessel in Red Sea to fight Houthi attacks
(PTI)-President Ranil Wickremesinghe has announced that Sri Lanka will provide a Navy vessel to fight attacks by Houthi rebels onContinue Reading
Sri Lanka Raises Taxes Ahead Of Foreign Debt Deal
(AFP)-Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday toContinue Reading
Sri Lanka sees forex reserves exceeding $4 billion after fresh funding
COLOMBO (Reuters) -Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month,Continue Reading
Sri Lanka’s economy returns to growth, led by agriculture
COLOMBO (Reuters) – Sri Lanka’s economy grew by 1.6% in the quarter from July to September, official data showed onContinue Reading
Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official
COLOMBO (Reuters) -The second review of Sri Lanka’s $2.9 billion bailout with the IMF could be completed in the firstContinue Reading
Canada’s surging cost of living fuels reverse immigration
TORONTO (Reuters) – The dream of making it big in Canada is turning into a battle for survival for manyContinue Reading
Sri Lanka to receive about $600m ADB funding post-IMF approval – official
COLOMBO (Reuters) – Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank afterContinue Reading
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