Sri Lanka seen holding interest rates as inflation fight continues; IMF deal key
COLOMBO (Reuters) – The Central Bank of Sri Lanka (CBSL) is widely expected to hold interest rates steady this week,Continue Reading
Category: Business Briefing
Sri Lanka expects financing assurances from China for IMF deal within days
COLOMBO (Reuters) -Sri Lanka expects to get China’s backing for its debt restructuring plan within days to help unlock aContinue Reading
India says it is committed to boosting investment in crisis-hit Sri Lanka
COLOMBO, Jan 20 (Reuters) – India has told Sri Lanka it is committed to boost investment in its debt-ridden neighbour,Continue Reading
India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF
COLOMBO (Reuters) -India has told the International Monetary Fund that it strongly supports Sri Lanka’s debt restructuring plan as theContinue Reading
Sri Lanka Closer to IMF Bailout as India Said to Back Debt Plan -Bloomberg
India formally notified that it would support Sri Lanka’s debt restructuring plan, according to a person with knowledge of theContinue Reading
Sri Lanka given 6 more months to repay Bangladesh’s $200m loan
Bangladesh Bank (BB) today granted Sri Lanka six more months to repay the $200 million loan after the Island nationContinue Reading
Bankrupt Sri Lanka says treasury running dry, cuts spending
COLOMBO, (AP/AFP)- Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough revenue to payContinue Reading
Ronaldo set for grand unveiling after shock Saudi move
(AFP)- Portugese superstar Cristiano Ronaldo will be unveiled before thousands of fans at Saudi Arabia’s Al Nassr club on Tuesday,Continue Reading
Sri Lanka’s new austerity measure – No government jobs
(AFP)-Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher electricity prices kicked inContinue Reading
Sri Lanka Welcomes New Russian Flights After Tourism Plea
(AFP)-Sri Lanka on Thursday welcomed the first Russian travelers aboard a new flight service that was launched after the bankruptContinue Reading
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