Amid Sri Lankan economic crisis, apparel orders from island nation diverting to India
Countries importing textile products from Sri Lanka have now started moving towards Indian exporters as Sri Lanka continues to reelContinue Reading
Category: World News
Fitch Places 13 Sri Lankan Banks on Rating Watch Negative
Fitch Ratings has placed the National Long-Term Ratings of 13 Sri Lankan banks on Rating Watch Negative (RWN). The banksContinue Reading
Photos: Major crowds throng Galle Face as protesters continue to demand gov to resign on New Year night
The anti-government protests overflowing the Galleface Ground continues for the sixth consecutive night on the Sinhala and Tamil New YearContinue Reading
Sri Lankan Airlines issues clarification on new lease proposal and Uganda cargo after condemnation
State-owned Sri Lankan Airlines has unveiled plans to expand its fleet from 24 to 35 in the next three yearsContinue Reading
Forex reserves declining in Nepal: Is the Himalayan kingdom going south the Sri Lanka way?
Nepal’s economy seems to be heading south, the Sri Lankan way. The country is facing an economic crisis that hasContinue Reading
Loss making SriLankan Airlines to lease up to 21 aircraft to expand fleet, slammed by opposition
Cash-strapped Sri Lanka’s loss-making national carrier announced plans on Thursday (April 14) to lease up to 21 aircraft, just twoContinue Reading
IMF says it welcomes Sri Lanka’s plans to engage with creditors
COLOMBO- The International Monetary Fund (IMF) on Wednesday (Apr 13) said that it supported Sri Lanka’s plans to engage inContinue Reading
Watch: What are the implications of Sri Lanka suspending debt payments?
MDWLive’s watch on international media coverage of Sri Lanka continues as the unprecedented economic crisis continue to spiral out ofContinue Reading
India open to additional $2 bln aid for Sri Lanka with eye on China
April 13 (Reuters) – India is willing to commit up to another $2 billion in financial assistance to Sri LankaContinue Reading
Watch Full Interview: Sri Lanka Finance minister says IMF talks on 18th, aims $4bn
Sri Lanka’s new finance minister, Ali Sabry, says the country plans to start talks with the IMF on April 18Continue Reading
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