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Tag: Sri Lanka

Posted on December 6, 2024

Bunnik Tours hosts first post-pandemic trade famil in Sri Lanka

Bunnik Tours recently hosted its first trade famil since COVID-19, offering 10 Helloworld agents the chance to explore Sri Lanka.

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Posted on December 1, 2024

Cyclone Fengal kills 19 in India and Sri Lanka

Cyclone Fengal killed at least 19 people in India and Sri Lanka and caused flooding in Tamil Nadu state and the Puducherry region after crossing India’s southern coast from the Bay of Bengal on …
Posted on November 23, 2024

IMF approves third review of Sri Lanka’s $2.9 bln bailout

The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.

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Posted on November 21, 2024

Sri Lanka shares end lower

COLOMBO: Sri Lankan shares closed lower on Thursday, dragged by real estate and industrial stocks. The CSE All-Share index settled 1% lower at 12,982.10. Sri Lanka’s consumer price inflation reached …

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Posted on November 21, 2024

Once a free-market pioneer, Sri Lanka takes a leap to the left

Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority in 1977, he introduced a French-style executive presidency and economic …

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Posted on November 20, 2024

Relief in Sri Lanka as key threat to nonprotected forests is repealed

Environmental activists in Sri Lanka are celebrating the end of a 2020 decree that left the island’s nonprotected forests more vulnerable to agriculture and development projects. “This is a landmark …

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Posted on November 18, 2024

President urges IMF to strike a balance in Sri Lanka’s economic recovery program

The government of President Anura Kumara Dissanayake has reaffirmed its readiness to collaborate with the International Monetary Fund (IMF) to advance Sri Lanka’s economic recovery within the context …
Posted on November 18, 2024

Sri Lanka leader keeps defence, finance in new cabinet

COLOMBO, Nov 18, 2024 (BSS/AFP) – Sri Lanka President Anura Kumara Dissanayake retained the key defence and finance portfolios in a new cabinet he announed Monday after sweeping snap parliamentary …
Posted on November 18, 2024

IMF’s Senior Mission Chief meets Sri Lanka’s former President: ex-minister

The International Monetary Fund’s Senior Mission Chief Peter Breuer has met former President Ranil Wickremesinghe, the former state Minister of Finance said.
Posted on November 18, 2024

Dissanayake Solidifies Grip on Sri Lanka Amid Economic Challenges

Sri Lankan President Anura Kumara Dissanayake reappoints Harini Amarasuriya as prime minister following his election victory. Despite his coalition’s broad mandate, his finance minister choice remains …

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