Sri Lanka raises electricity price in line with IMF bailout
(AFP)-Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for theContinue Reading
Category: Business Briefing
Debt-stricken Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepenContinue Reading
Sri Lanka restructures nearly $931 million in credit lines with India
COLOMBO (Reuters) -Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements with theContinue Reading
Qatar Airways signs deal for 160 Boeing jets during President Trump’s visit
DOHA (Reuters) -State carrier Qatar Airways signed a deal on Wednesday to purchase jets from U.S. manufacturer Boeing during PresidentContinue Reading
Trump secures $600 billion Saudi investment pledge on Gulf tour
RIYADH (Reuters) – US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest inContinue Reading
Maldives Plans $8.8 Billion Financial Hub Backed by Qatari Royal
(AFP)-Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifyingContinue Reading
Sri Lanka’s economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says
COLOMBO (Reuters) – Sri Lanka is on track to post growth of 3.5% this year, the World Bank said inContinue Reading
IMF says discussions to continue with Sri Lanka on fourth review
COLOMBO, April 11 (Reuters) – The International Monetary Fund said on Friday that discussions with Sri Lanka will continue onContinue Reading
India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence
COLOMBO/NEW DELHI (Reuters) – India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’sContinue Reading
Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
DHAKA/COLOMBO/MUMBAI (Reuters) – Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald TrumpContinue Reading
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