Sri Lanka’s economy shrinks 11.8% in second-worst quarterly performance
COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, government data showed on Thursday,Continue Reading
Category: Business Briefing
IMF Not Expected to Discuss Sri Lanka Before Year End -Sources
LONDON (Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s $2.9Continue Reading
U.S. to announce scientific breakthrough on fusion energy could pave the way for UNLIMITED clean energy -sources
WASHINGTON (Reuters/CNN) – The U.S. Department of Energy will announce on Tuesday that scientists at a national lab have madeContinue Reading
Bankrupt Sri Lanka clears budget as IMF bailout delays
COLOMBO (AFP) Crisis-hit Sri Lanka’s parliament Thursday approved President Ranil Wickremesinghe’s 2023 budget, vital to raising government revenue and securingContinue Reading
Sri Lanka’s Parliamant approves budget amid economic crisis
COLOMBO (AP)- Sri Lanka’s Parliament approved a budget on Thursday that includes reforms aimed at improving the country’s finances as itContinue Reading
Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’
Dec 1 (Reuters) – Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”, citingContinue Reading
Sri Lanka’s debt to China close to 20% of public external debt -study
LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt –Continue Reading
Sri Lanka’s national consumer price inflation slows to 70.6% in Oct
(Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) slowed year-on-year to 70.6% in October after a record 73.7% jump inContinue Reading
Trump snubs Twitter after Musk announces reactivation of ex-President’s account
Nov 19 (Reuters) – Donald Trump on Saturday said he had no interest in returning to Twitter even as aContinue Reading
Hundreds of Twitter employees flee after Musk’s ‘hardcore’ ultimatum- raising questions about platform’s stability
(Reuters) -Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from newContinue Reading
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