Sri Lanka needs to raise fiscal revenue to maintain stability, IMF says
(Reuters) -Sri Lanka must make further efforts to raise fiscal revenue if it is to maintain economic stability and restoreContinue Reading
Tag: Economy
Sri Lanka President Ranil fails to get backing of largest party SLPP for re-election
COLOMBO (Reuters) – Sri Lanka’s President Ranil Wickremesinghe failed on Monday to secure the backing of the biggest political partyContinue Reading
Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022
COLOMBO, Sri Lanka (AP) — Sri Lanka will hold a presidential election on Sept. 21 that will likely be aContinue Reading
Sri Lanka Scraps Plan To Sell Loss-making National Airline
(AFP)-Sri Lanka has scrapped plans to sell off its indebted national airline despite shortlisting three potential buyers, the government’s privatisationContinue Reading
A railway union strike in Sri Lanka leaves tens of thousands of commuters stranded
COLOMBO, Sri Lanka (AP) — A railway union strike stopped most trains across Sri Lanka on Wednesday, leaving tens of thousands ofContinue Reading
Sri Lanka paves way for Musk’s Starlink to enter telecoms market
COLOMBO (Reuters) – Sri Lanka’s parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk’s Starlink, theContinue Reading
Sri Lanka to wrap up bond talks soon, seek to balance India and China ties
SINGAPORE (Reuters) -Sri Lanka will wrap up talks with international bondholders on its restructuring process in a few weeks, ForeignContinue Reading
Sri Lanka’s Monsoonal Fury; 30 Dead, Thousands Displaced
(PTI)-At least 30 people have perished due to extreme rains and floods that have ravaged Sri Lanka since May 15,Continue Reading
Maldives will ban Israelis from entering the country over the war in Gaza
COLOMBO, Sri Lanka (AP) — The Maldives government will ban Israelis from the Indian Ocean archipelago, known for luxury resorts,Continue Reading
Party headed by Sri Lankan President Ranil proposes to postpone polls for 2 years
(PTI)- The United National Party headed by Sri Lankan President Ranil Wickremesinghe on Tuesday suggested holding a referendum to postponeContinue Reading
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