Sri Lanka authorities postpone proposed airlines lease amid criticism
Sri Lanka’s Committee on Public Enterprises (COPE) has instructed the national carrier SriLankan Airlines to delay its procurement process toContinue Reading
Category: Asia
Watch: Former minister Gammanpila says 120 MPs ready to support NCM against gov, PM rebuffs as lies
Former Minister Udaya Gammanpila says that the independent group of MPs has decided to support the No-Confidence Motion against theContinue Reading
China envoy warns Sri Lanka/IMF talks could impact bilateral negotiations
China’s Ambassador Qi Zhenhong was quoted as saying that Sri Lanka’s talks with the IMF will have an impact onContinue Reading
‘Western developed countries that colonized Sri Lanka in history, should come and help’ – Chinese ambassador
Chinese Ambassador Qi Zhenhong to Sri Lanka met group of local journalists on a wide range of topics including China’sContinue Reading
Sri Lanka stock exchange halts again after 13% plunge
Crisis-hit Sri Lanka’s stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse’s tentative reopening afterContinue Reading
Indian Finance Minister Sitharaman asks IMF, World Bank to give Sri Lanka low-income tag
Sri Lanka could be given temporary classification as a lower-income country — from the current middle-income status — to helpContinue Reading
Former Sri Lanka President Chandrika Kumaratunga proposes roadmap to break political impasse
Former Sri Lanka President Chandrika Kumaratunga has proposed a roadmap to break the political impasse which includes setting up ofContinue Reading
World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’
WASHINGTON, April 23 (Reuters) – The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri LankaContinue Reading
Foreign airlines cut flights to Sri Lanka; cargo carriers insist on payments in dollars
International airlines operating to Sri Lanka, including Emirates, have drastically pruned flights to Colombo while cargo carriers this week turnedContinue Reading
IMF Team release statement on Sri Lanka: says held ‘fruitful’ technical talks with Sri Lanka on loan request
WASHINGTON — The International Monetary Fund said on Saturday that its staff held “fruitful technical discussions” with Sri Lankan authoritiesContinue Reading
