Sri Lanka president vows to conclude debt-restructuring talks by Sept or Nov
TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading
Category: Business
China’s Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka
COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading
Sri Lanka rupee drops below 300 as central bank eases dollar buying -analysts
Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading
IMF official says Sri Lanka reforms critical, evaluating progress
COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms so far andContinue Reading
Sri Lanka’s Airline Posts staggering $525m Annual Loss
Cash-strapped Sri Lanka’s national airline announced a staggering $525 million annual loss on Friday. With nearly 6,000 staff, SriLankan AirlinesContinue Reading
Messi receives offer from Saudi club Al-Hilal worth around $400 million a year – Reuters source
BUENOS AIRES – Lionel Messi has received a formal offer to join Saudi Arabian club Al-Hilal next season, a sourceContinue Reading
Sri Lanka apparel exports to drop by $1 billion in 2023 as biggest buyers like U.S. reduce purchases-trade body
COLOMBO (Reuters) – Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert saidContinue Reading
Chinese state-owned firm to build major Sri Lanka port complex
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion byContinue Reading
Twitter’s former CEO has a new app that looks a lot like Twitter
The buzzy new social media app of the moment looks so much like Twitter it’s almost hard to distinguish the two.Continue Reading
Sri Lanka’s inflation dips as IMF bailout kicks in
Cash-strapped Sri Lanka’s inflation eased to 35.3 percent, the lowest in a year, the statistics office said Friday as theContinue Reading
