Ex-Sri Lanka President ordered police records destroyed to stall mass grave probes, report alleges
COLOMBO, Sri Lanka (AP) — Sri Lanka’s former President Gotabaya Rajapaksa was accused in a report released Thursday of tamperingContinue Reading
Tag: Economy
Sri Lanka readies ailing Thai elephant for flight home
COLOMBO (Reuters) – Twice a day carers in Sri Lanka lead Sak Surin, an elephant donated by Thailand more thanContinue Reading
Sri Lanka’s economy shrinks 11.5% in first quarter as financial crisis continues
COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.5% in the first three months of 2023, official data showed on Thursday, asContinue Reading
Sri Lanka extends freeze on outward capital transactions by 6 months
COLOMBO, June 13 (Reuters) – Sri Lanka’s government has decided to extend a restriction on outward capital transactions by sixContinue Reading
U.S company signs agreement to enter retail fuel market in crisis-hit Sri Lanka
COLOMBO, Sri Lanka (AP)- A U.S. petroleum company signed an agreement with Sri Lanka on Thursday allowing it to import andContinue Reading
Sri Lanka eyes free trade pact with Thailand by March as growth in focus
COLOMBO (Reuters) – Sri Lanka and Thailand could sign a free trade agreement (FTA) by March, a top official ofContinue Reading
Sri Lanka to reduce drug prices by 16% as crisis eases
COLOMBO, June 6 (Reuters) – Sri Lanka will slash the price of 60 essential drugs by 16% from June 15,Continue Reading
IMF says Sri Lanka’s economic recovery shows signs of improvement but challenges remain
COLOMBO, Sri Lanka (AP)- Debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of economic improvement but its recoveryContinue Reading
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
Asian Development Bank grants $350 million to cash-strapped Sri Lanka
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
MDW Live! News Network 