Twitter threatens to sue Facebook owner Meta over new Threads platform
Twitter has threatened to sue Facebook owner Meta over its new Threads platform. The company has written to Meta bossContinue Reading
Category: Business
A year later, Sri Lanka’s tentative economic recovery eludes the poor
COLOMBO (Reuters) – A year after angry Sri Lankans stormed the president’s residence and forced his ouster during a meltdownContinue Reading
Fitch Ratings commends Sri Lanka’s domestic debt restructuring plan, warns of challenges
COLOMBO, July 4 (Xinhua) — Fitch Ratings on Tuesday said that the Sri Lankan government’s domestic debt restructuring proposal wasContinue Reading
Sri Lanka’s bearish Stock Market makes a dramatic turnaround As Debt Restructure Spares Banks
(AFP)-Bankrupt Sri Lanka’s bearish bourse made a dramatic turnaround Tuesday on the first day of trading since the government unveiledContinue Reading
Sri Lanka asks dollar debt holders for 30% haircut
COLOMBO (Reuters) – Sri Lanka is asking foreign investors in its international sovereign bonds to take a 30% haircut andContinue Reading
Sri Lanka’s Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s Cabinet on Wednesday approved a program to restructure the country’s staggering domestic debtContinue Reading
Cash-strapped Sri Lanka To Restructure Domestic Debt
(AFP)-Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructureContinue Reading
Cash-strapped Sri Lanka scraps monkey business plan
(AFP)-Bankrupt Sri Lanka’s government on Monday said it was scrapping plans to export around 100,000 endangered monkeys to China followingContinue Reading
Sri Lanka set to start tea-for-oil barter with Iran next month
COLOMBO, June 23 (Reuters) – Sri Lanka is set to start bartering tea to Iran next month in lieu ofContinue Reading
Qatar Airways adds fifth daily flight to Colombo
Qatar Airways will add a fifth daily frequency to/from Colombo, effective from 22nd June 2023. The additional frequency will offerContinue Reading
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