Sri Lanka’s President makes U-turn on IMF bailout
(AFP/Reuters)-Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiateContinue Reading
Category: Business Briefing
U.S regulators seek to break up Google, forcing Chrome browser sale as part of monopoly punishment
(AP)-U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition throughContinue Reading
Sri Lanka’s leftist President faces first parliament test
(AFP)-Sri Lanka’s new leftist leader has drawn strong support from an unlikely source as he seeks to expand his threeContinue Reading
Sri Lanka met with bondholders, aims to exit default as soon as possible, central bank governor says
WASHINGTON (Reuters) -Sri Lanka met this week with its bondholders in Washington to discuss a debt exchange as the SouthContinue Reading
U.S warns of attack threat in Sri Lanka surf hotspot
COLOMBO – The US embassy in Sri Lanka warned citizens on Oct 23 of a possible attack on a popularContinue Reading
Dissanayake govt reconsidering permission to Adani’s power project in Sri Lanka
Colombo, Oct 14 (PTI) Sri Lanka’s new government led by Anura Kumara Dissanayake on Monday told the Supreme Court thatContinue Reading
Sri Lanka Busts Chinese Cybercrime Racket
(AFP)-Sri Lanka’s police have arrested 198 Chinese men on suspicion of operating a cybercrime ring from the South Asian nation,Continue Reading
India offers financial support to Maldives after talks to repair ties
NEW DELHI (AP) — India stepped up its development assistance to the Maldives after the two leaders held talks inContinue Reading
Sri Lanka’s Leftist Government Secures $200m World Bank Loan
(AFP)-Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, theContinue Reading
IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
COLOMBO (Reuters) -Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund,Continue Reading
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