Sri Lanka detains ex-minister Rajapaksa for alleged corruption
(AFP)-Sri Lanka’s anti-corruption authorities arrested a member of the once-powerful Rajapaksa family on Wednesday, accusing him of illegally claiming reparationsContinue Reading
Tag: Economy
Sustaining Sri Lanka’s reforms critical to safe-guarding macroeconomic stability, IMF says
(Reuters) -Sustaining Sri Lanka’s reform momentum is critical to safeguarding the country’s macroeconomic stability, the International Monetary Fund said onContinue Reading
Sri Lanka Catholics seek prosecution of sacked spy chief
(AFP)-Sri Lanka’s Catholic Church on Monday demanded the criminal prosecution of the intelligence chief who was sacked for failing toContinue Reading
Sri Lanka’s economic outlook positive but global trade concerns pose risks, IMF says
COLOMBO (Reuters)- Sri Lanka’s economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and socialContinue Reading
WhatsApp Introduces First Major Advertising Features
(AFP)-WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift for the messaging platform thatContinue Reading
Sri Lanka plans IMF talks on ways to lure foreign investors
COLOMBO (Reuters) – Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, PresidentContinue Reading
Sri Lanka raises electricity price in line with IMF bailout
(AFP)-Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for theContinue Reading
President Trump Bars People From 12 Countries From Entering U.S.
(AFP)-US President Donald Trump signed a new travel ban Wednesday targeting 12 countries, saying it was spurred by an attackContinue Reading
Sri Lanka Ex-ministers Jailed Up To 25 Years For Corruption
(AFP) Sri Lankan court sentenced on Thursday two former ministers from the government of deposed president Gotabaya Rajapaksa to decadesContinue Reading
Debt-stricken Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepenContinue Reading
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