Sri Lanka to make $2.6 billion in loan repayments in first half of year
COLOMBO (Reuters)- Sri Lanka’s cabinet has approved loan repayments worth $2.6 billion in the first half of this year, inContinue Reading
Category: Business Briefing
IMF mulls loan approval to Sri Lanka, even without China’s assurance – Bloomberg News
(Reuters) – The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance ofContinue Reading
Sri Lanka hiked power prices by 66% hoping to gain IMF support- Minister
COLOMBO (Reuters) Sri Lanka increased electricity prices by 66 per cent on Thursday, in a move that the government hopedContinue Reading
Sri Lanka, India to sign power grid linking pact within two months – envoy
NEW DELHI (Reuters) – Sri Lanka and India will sign a pact to link their power grids and start negotiationsContinue Reading
Sri Lanka regulator approves 65% hike in electricity tariffs- govt source
Feb 15 (Reuters) – Sri Lanka’s electricity regulator has approved a 65% hike in electricity tariffs effective from Wednesday, aContinue Reading
China expresses support for Sri Lanka ahead of debt meeting but no word on haircuts
BEIJING -(AP) China expressed support for Sri Lanka ahead of a meeting Friday of government lenders to poor economies but didContinue Reading
Sri Lanka seen returning to growth by year-end, President says
COLOMBO (Reuters) – Sri Lanka’s economy is expected to grow again from the end of this year and the governmentContinue Reading
Google announces Bard A.I. in response to ChatGPT
Google on Monday announced an artificial intelligence chatbot technology called Bard that the company will begin rolling out in the coming weeks. BardContinue Reading
Sri Lanka marks independence anniversary amid economic woes
COLOMBO, Sri Lanka (AP)– Sri Lanka marked its 75th independence anniversary on Saturday as a bankrupt nation, with many citizens angry,Continue Reading
China confirms offer to Sri Lanka of debt moratorium
BEIJING (AP) — China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments asContinue Reading
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