IMF eyes creditor assurances as it prepares Sri Lanka visit
(Reuters) -The International Monetary Fund said it will need “adequate assurances” from Sri Lanka’s creditors for a new program asContinue Reading
Category: Business Briefing
Sri Lanka hopes to reach initial agreement with IMF for help
COLOMBO, Sri Lanka (AP) — Sri Lanka’s central bank chief said Thursday he is hopeful the crisis-ridden island nation canContinue Reading
Crisis-hit Sri Lanka to ask Japan to open talks with main creditors, says Wickremesinghe
COLOMBO (Reuters) -Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and India,Continue Reading
Elon Musk tweets ‘I’m buying Manchester United’
Aug 16 (Reuters) – Elon Musk, the world’s richest person, on Tuesday tweeted that he was buying English soccer clubContinue Reading
Chinese navy ship docks in Sri Lanka, stokes worry in India
HAMBANTOTA, Sri Lanka (AP) — A Chinese navy vessel arrived at a Beijing-built port in southern Sri Lanka on Tuesday,Continue Reading
Saudi oil giant Aramco profit surges 90% to $48.4 Billion in second quarter amid energy price boom
KEY POINTS Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half yearContinue Reading
S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating
(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default,Continue Reading
Sri Lanka considering restructure of local and sovereign debt – president
COLOMBO (Reuters) – Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday,Continue Reading
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president said Wednesday that his government is preparing a national policy roadmapContinue Reading
Sri Lankans bide time as leaders seek fix for economic woes
COLOMBO, Sri Lanka(AP)- Sri Lankans who have endured months of fuel and food shortages are bracing for more pain as a newly installedContinue Reading
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