Forex reserves declining in Nepal: Is the Himalayan kingdom going south the Sri Lanka way?
Nepal’s economy seems to be heading south, the Sri Lankan way. The country is facing an economic crisis that hasContinue Reading
Tag: World News
Loss making SriLankan Airlines to lease up to 21 aircraft to expand fleet, slammed by opposition
Cash-strapped Sri Lanka’s loss-making national carrier announced plans on Thursday (April 14) to lease up to 21 aircraft, just twoContinue Reading
Elon Musk makes offer to buy Twitter outright, valuing the company at $43.4 billion
Elon Musk has made an offer to buy Twitter. According to an SEC filing on Thursday, Musk has offered toContinue Reading
IMF says it welcomes Sri Lanka’s plans to engage with creditors
COLOMBO- The International Monetary Fund (IMF) on Wednesday (Apr 13) said that it supported Sri Lanka’s plans to engage inContinue Reading
India open to additional $2 bln aid for Sri Lanka with eye on China
April 13 (Reuters) – India is willing to commit up to another $2 billion in financial assistance to Sri LankaContinue Reading
S&P lowers Sri Lanka Sovereign rating to “CC” indicating looming default
Global rating agency Standard and Poor’s (S&P) today lowered Sri Lanka’s long-term foreign currency sovereign rating from “CCC” to “CC”Continue Reading
Gota -Go- Gama; A small tent camp near Sri Lankan President’s office becomes focus of national protests
On a patch of grass near Sri Lankan President Gotabaya Rajapaksa’s office in the commercial capital Colombo, around two dozenContinue Reading
Watch: Georgetown University’s Devarajan on Sri Lanka Debt Crisis
Shanta Devarajan, Professor at Georgetown University, and also a member of Sri Lanka’s Presidential Advisory Group on Multilateral Engagement andContinue Reading
UK’s Johnson says he paid a police fine for lockdown parties- the first British leader sanctioned for breaking the law in office
LONDON (AP) — Prime Minister Boris Johnson said Tuesday he paid a fine from police for attending a lockdown-breaching birthdayContinue Reading
Sri Lanka to suspend normal debt servicing temporarily : Finance Ministry
The Secretary to the Ministry of Finance states that Sri Lanka will suspend normal debt servicing of all affected debts forContinue Reading
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