Sri Lanka restructures nearly $931 million in credit lines with India
COLOMBO (Reuters) -Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements with theContinue Reading
Category: Business
Qatar Airways signs deal for 160 Boeing jets during President Trump’s visit
DOHA (Reuters) -State carrier Qatar Airways signed a deal on Wednesday to purchase jets from U.S. manufacturer Boeing during PresidentContinue Reading
Trump secures $600 billion Saudi investment pledge on Gulf tour
RIYADH (Reuters) – US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest inContinue Reading
Maldives Plans $8.8 Billion Financial Hub Backed by Qatari Royal
(AFP)-Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifyingContinue Reading
Sri Lanka’s economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says
COLOMBO (Reuters) – Sri Lanka is on track to post growth of 3.5% this year, the World Bank said inContinue Reading
IMF says discussions to continue with Sri Lanka on fourth review
COLOMBO, April 11 (Reuters) – The International Monetary Fund said on Friday that discussions with Sri Lanka will continue onContinue Reading
India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence
COLOMBO/NEW DELHI (Reuters) – India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’sContinue Reading
Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
DHAKA/COLOMBO/MUMBAI (Reuters) – Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald TrumpContinue Reading
Sri Lanka’s Wickremesinghe Blames Govt for Adani Project Failure
Colombo, Mar 24 (PTI) Sri Lanka’s former president Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing toContinue Reading
Sri Lanka’s economy grew 5% in 2024 in strong rebound from financial crisis
(Reuters) -Sri Lanka’s economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong reboundContinue Reading
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