Sri Lanka jolts markets with outsized 100-b.p rate hike to counter Gulf crisis
COLOMBO, May 26 (Reuters) – Sri Lanka’s central bank stunned markets by raising its benchmark policy rate by an outsizedContinue Reading
Category: Asia
Sri Lanka Cricket finances ‘greater than feared’; interim chief
(AFP)-Financial irregularities surrounding Sri Lankan cricket were far worse than feared, government-appointed administrators said Thursday, promising a full accounting andContinue Reading
Middle East conflict hits Sri Lanka’s tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) – Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for herContinue Reading
India scrambles to steady rupee as oil shock bites
(AFP)-India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten toContinue Reading
Authorities search waters in the Maldives for bodies of Italians who died in cave dive accident
MALE, Maldives (AP) — Maldivian authorities conducted a high-risk search Friday for the bodies of four Italian divers who diedContinue Reading
Vietnam seeks deeper defence, trade ties with Sri Lanka
(AFP)-Vietnam’s top leader To Lam called for deeper defence and trade ties with Sri Lanka on Friday, noting the SouthContinue Reading
Sri Lanka’s Cricket administration resigns after years of decline
COLOMBO, Sri Lanka (AP) — Sri Lanka’s cricket chief and his executive committee have resigned and the government has appointedContinue Reading
Sri Lanka probes missing $625,000 postal payment to USPS
COLOMBO, April 28 (Xinhua) — Sri Lankan authorities have initiated an investigation into a foreign currency payment made by theContinue Reading
Hackers steal $2.5 million from Sri Lanka’s Finance Ministry
COLOMBO, Sri Lanka (AFP)– Cybercriminals hacked into the Sri Lankan Finance Ministry’s computer system and siphoned off US$2.5 million, the governmentContinue Reading
Sri Lanka government tells cricket board to quit; Sources
Sri Lanka’s government has urged the national cricket board’s executive committee to make way for a new administration by thisContinue Reading
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