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
Tag: Economy
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
Sri Lanka’s budget likely to lead to slower fiscal consolidation, says Moody’s
COLOMBO (Reuters/AFP) – Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscalContinue Reading
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