Sri Lanka’s new leader must balance ties between regional powerhouses India and China
COLOMBO, Sri Lanka (AP) — The Marxist lawmaker who won Sri Lanka’s presidency faces a key challenge in how to balance tiesContinue Reading
Category: Business Briefing
Dissanayake’s push for Sri Lanka economic change leaves IMF deal, debt rework in limbo
COLOMBO/LONDON (Reuters) – Sri Lanka’s new president won the election decisively, but his toughest task still lies ahead as heContinue Reading
New Sri Lankan president Anura Dissanayake breaks tradition of political lineage
COLOMBO, Sept 23 (Reuters) – Anura Kumara Dissanayake may lack the political lineage of some of his rivals, but hisContinue Reading
Sri Lanka’s Marxist-leaning Dissanayake leads presidential race
COLOMBO (Reuters) -Marxist-leaning Anura Kumara Dissanayake was leading Sri Lanka’s presidential election with half the votes counted on Sunday, seemingContinue Reading
India extends emergency support to Maldives as it battles debt default threat
NEW DELHI (Reuters) – India said it has extended emergency financial support to the Maldives, which is battling to avertContinue Reading
Sri Lanka clinches $12.5 billion bond rework deal in pre-election dash
LONDON (Reuters) – Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it saidContinue Reading
Sri Lanka’s victor of circumstances seeks another term
COLOMBO, Sept 17, 2024 (AFP) – Sri Lanka’s right-wing President Ranil Wickremesinghe, who seeks re-election this week, describes himself asContinue Reading
Sri Lanka’s war-scarred north hopes vote will bring change
(AFP)-Sri Lanka’s main newspaper in the northern port of Jaffna endured bullets and bombings during a decades-long Tamil separatist war,Continue Reading
China signs finance cooperation agreement with debt distressed Maldives
BEIJING, Sept 13 (Reuters) – China’s central bank on Friday said it had signed an agreement with the Maldivian authoritiesContinue Reading
Sri Lanka economy posts 4.7% growth in Q2
COLOMBO (Reuters) – Sri Lanka’s economy grew 4.7% year-on-year from April to June this year, official data showed on Friday,Continue Reading
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