Sri Lanka cricket to probe direct ODI world cup qualification failure
A technical committee appointed by the minister of sports will be probing the reasons behind Sri Lanka’s failure to winContinue Reading
Category: Asia
India rejects China’s renaming of places along disputed border
NEW DELHI/BEIJING, April 4 (Reuters) – India rejected on Tuesday the renaming by China of places in what India regardsContinue 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
Sri Lanka’s key inflation rate Still Elevated at 50.3% in March
Sri Lanka’s inflation remained stubbornly high in March despite the central bank hiking policy rates to the highest in moreContinue Reading
Sri Lanka expects to finalise domestic debt rework by May
LONDON/COLOMBO (Reuters) -Sri Lanka will kick off a reworking of part of its domestic debt next month and aims toContinue Reading
Sri Lanka slashes fuel prices in line with an IMF agreement in welcome relief amid crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief forContinue Reading
Sri Lanka to seek $1 billion aid from India for essentials: Report
(PTI)-The Sri Lankan finance ministry officials held talks with its Indian counterparts to obtain the new temporary USD 1 billionContinue Reading
China, Australia, USA to enter Sri Lanka’s fuel market, 450 CPC filling station to be leased
Sri Lanka’s Cabinet has given the green light to award licenses to Sinopec, United Petroleum, Australia & RM Parks ofContinue Reading
Sri Lanka international bondholders may see 20% principal haircut -analysts
LONDON, March 23 (Reuters) – Holders of Sri Lanka’s international sovereign bonds face a 20% principal haircut in the country’sContinue Reading
