Sri Lanka hopes to reach initial agreement with IMF for help
COLOMBO, Sri Lanka (AP) — Sri Lanka’s central bank chief said Thursday he is hopeful the crisis-ridden island nation canContinue Reading
Tag: Economy
Crisis-hit Sri Lanka to ask Japan to open talks with main creditors, says Wickremesinghe
COLOMBO (Reuters) -Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and India,Continue Reading
Gotabaya Rajapaksa to return to Sri Lanka on August 24, says his cousin
(PTI)-Gotabaya Rajapaksa will return to Sri Lanka on August 24, his cousin Udayanga Weeratunga said on Wednesday, over a monthContinue Reading
Elon Musk tweets ‘I’m buying Manchester United’
Aug 16 (Reuters) – Elon Musk, the world’s richest person, on Tuesday tweeted that he was buying English soccer clubContinue Reading
Chinese navy ship docks in Sri Lanka, stokes worry in India
HAMBANTOTA, Sri Lanka (AP) — A Chinese navy vessel arrived at a Beijing-built port in southern Sri Lanka on Tuesday,Continue Reading
Saudi oil giant Aramco profit surges 90% to $48.4 Billion in second quarter amid energy price boom
KEY POINTS Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half yearContinue Reading
S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating
(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default,Continue Reading
Sri Lanka permits Chinese ship to dock after postponement
COLOMBO, Sri Lanka (AP) — A Chinese research ship will be allowed to dock in a Sri Lankan port afterContinue Reading
Sri Lanka introduces bill to clip presidential powers
COLOMBO, Sri Lanka (AP) — A Sri Lankan government minister on Wednesday submitted to Parliament a constitutional amendment bill thatContinue Reading
Sri Lanka’s Ousted President Expected to Fly to Thailand – Sources
(Reuters) – Sri Lanka’s ousted president, Gotabaya Rajapaksa, is expected to arrive in Thailand on Thursday, seeking temporary shelter inContinue Reading
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