India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence
COLOMBO/NEW DELHI (Reuters) – India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’sContinue Reading
Tag: Economy
Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
DHAKA/COLOMBO/MUMBAI (Reuters) – Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald TrumpContinue Reading
Sri Lanka says British sanctions on ex-military unhelpful
COLOMBO(AFP)- Sri Lanka’s new government on Wednesday criticised Britain’s sanctions against three retired top military commanders and a former TamilContinue Reading
Sri Lanka’s Wickremesinghe Blames Govt for Adani Project Failure
Colombo, Mar 24 (PTI) Sri Lanka’s former president Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing toContinue Reading
Sri Lanka’s economy grew 5% in 2024 in strong rebound from financial crisis
(Reuters) -Sri Lanka’s economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong reboundContinue Reading
IMF chief says Sri Lanka stabilised, pledges more help
COLOMBO (AFP) IMF chief Kristalina Georgieva pledged to support Sri Lanka’s economic recovery, praising the cash-strapped nation’s “remarkable turnaround” during onlineContinue Reading
Sri Lanka signs $2.5b debt deal with Japan
(AFP)-Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with bilateralContinue Reading
Sri Lanka should avoid tax exemptions, focus on passing budget- IMF
COLOMBO, March 4 (Reuters) – Sri Lanka should avoid tax exemptions and focus on passing a national budget that isContinue Reading
IMF’s executive board approves third review of Sri Lanka’s $2.9 billion bailout
COLOMBO (Reuters) – The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Friday,Continue Reading
Sri Lanka Reports Massive Tolls In Human-elephant Conflicts
(AFP)-Sri Lanka vowed Thursday to urgently tackle costly clashes between villagers and wild elephants after reporting the deaths of nearlyContinue Reading
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