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
Category: Asia
Sri Lanka Supreme Court clears path for decriminalisation of homosexuality
COLOMBO (Reuters) – Sri Lanka’s Supreme Court has given the green light to a bill seeking to decriminalise homosexuality, theContinue Reading
Allen Texas mall mass shooting- Aishwarya Thatikonda, an Indian engineer, among victims
ALLEN, Texas — A young security guard and an engineer from India were among the victims of Saturday’s deadly shootingContinue Reading
Slingy Pathirana can be Sri Lanka’s asset with reduced workload – Dhoni
NEW DELHI (Reuters) – Chennai Super Kings captain Mahendra Singh Dhoni believes Matheesha Pathirana could become a limited-overs asset forContinue 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
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
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
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
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