Bangladesh pins hopes on Shakib in 2nd test after crushing defeat in opener against Sri Lanka
CHATTOGRAM, Bangladesh (AP) — Bangladesh will start the second and final test against Sri Lanka on Saturday emboldened by the returnContinue Reading
Tag: Economy
Sri Lanka’s key inflation rate falls to 0.9% in March
COLOMBO (Reuters) – Sri Lanka’s key inflation rate fell to 0.9% year-on-year in March from 5.9% in February, the statisticsContinue Reading
Sri Lanka cabinet approves 40% hike to minimum wage
COLOMBO (Reuters) – Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday,Continue Reading
McDonald’s stores close in Sri Lanka after deal with partner ended- lawyer
COLOMBO (Reuters) – McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in theContinue Reading
IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
COLOMBO, Sri Lanka (AP) — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worstContinue Reading
IMF, Sri Lanka reach staff-level agreement on second review of $337 million bailout package
COLOMBO (Reuters) -The International Monetary Fund and Sri Lanka have reached a staff-level agreement on economic policies to conclude theContinue Reading
Star Wars In Sri Lanka As Astrologers Squabble Over Dates
(AFP)-Sri Lanka’s government-backed traditional astrologers have failed to unanimously agree on dates for new year rituals, with squabbling seers warningContinue Reading
Sri Lanka’s economy shrank 2.3% in 2023
COLOMBO (Reuters) — Sri Lanka’s economy shrank 2.3% in 2023, official data showed on Friday, as the island nation struggled to break outContinue Reading
Sri Lanka committed to repaying debt within 2027-2042 schedule, president says
COLOMBO (Reuters) – Sri Lanka is committed to repaying its debt within the 2027-2042 schedule, President Ranil Wickremesinghe said onContinue Reading
Sri Lanka Sweetens Deal To Sell National Airline
(AFP)-Sri Lanka said Tuesday it would assume $510 million of debt to help find a buyer for its loss-making nationalContinue Reading
