Sri Lankan Parliament votes to support IMF recovery program
COLOMBO (AP)- Sri Lanka’s Parliament voted Friday to support the implementation of a four-year International Monetary Fund program aimed at solvingContinue Reading
Category: Business
Sri Lanka trying to reduce overall debt by $17 bln, President says
COLOMBO, April 26 (Reuters) – Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, itsContinue Reading
Sri Lanka consumer inflation dips to 49.2% y/y in March
(Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6% rise in February,Continue Reading
China left out of Sri Lanka debt talks amid angst over delay – Bloomberg
Sri Lanka and major creditors formally launched talks to restructure the nation’s debt without China — its biggest bilateral lenderContinue Reading
Monkey business; Cash-strapped Sri Lanka considers macaque sales to China
(AFP)-Cash-strapped Sri Lanka is considering exporting up to 100,000 endangered monkeys to China, the agriculture minister said Wednesday, raising concernsContinue Reading
Sri Lanka central bank says sovereign lenders yet to outline debt talks plans
WASHINGTON/COLOMBO (Reuters) – Sri Lanka’s sovereign lenders have yet to inform the government how they will engage with the countryContinue Reading
Google Search to Include Chat AI -report
Google CEO Sundar Pichai said the company plans to add an artificial intelligence (AI) chatbot to its search engine as an increasingContinue Reading
Finland officially becomes a member of NATO, doubling the military alliance’s border with Russia
Finland on Tuesday became an official member of the NATO military alliance, prompted by Russian President Vladimir Putin’s decision to invadeContinue Reading
Sri Lanka Keeps Key Rate at 16.5% After Clinching IMF Loan
COLOMBO (Reuters) -Sri Lanka’s central bank kept interest rates steady on Tuesday and expressed optimism that prices would decelerate sharplyContinue Reading
China tech giant Huawei says profits fell 69% in 2022
(AFP)-Huawei posted a massive drop in 2022 profits on Friday, as the company battered by US sanctions appointed its CEO’sContinue Reading
