Economy – MDW Live! News Network

by MDWLive.net June 1, 2023 0

Sri Lanka Rupee’s Rally May Falter as 17% Slide to 350 Rupees Seen on Horizon- Bloomberg

(Bloomberg) — After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupeeContinue Reading

by MDWLive.net May 29, 2023 0

Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading

by MDWLive.net May 26, 2023 0

COLOMBO, May 26 (Reuters) – Sri Lanka’s tea production in the first four months of 2023 dropped 20% to aContinue Reading

by MDWLive.net May 25, 2023 0

TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading

by MDWLive.net May 24, 2023 0

Sri Lanka’s navy said Wednesday it had located 14 bodies inside a Chinese fishing boat that had capsized last weekContinue Reading

by MDWLive.net May 23, 2023 0

The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any delays could undermine effortsContinue Reading

by MDWLive.net May 22, 2023 0

COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading

by MDWLive.net May 18, 2023 0

Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading

by MDWLive.net May 16, 2023

Angry villagers stormed a remote government office in Sri Lanka on Tuesday, officials said, a day after a herd ofContinue Reading

by MDWLive.net May 15, 2023

COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms so far andContinue Reading