Sri Lanka’s bankrupt economy has recorded a positive growth for the first time since the economic crisis hit the island nation, according to official data. “The year-on-year GDP growth rate for the …
Sri Lanka’s natural dye tradition
In Sri Lanka’s textile sector, a deep-rooted tradition in natural dyeing spans centuries and is intertwined with the nation’s textile heritage. The country’s abundant biodiversity has yielded a …
“Sri Lanka’s economy has made good progress”
Though Sri Lanka and Bangladesh received the International Monetary Fund’s loan payouts strengthening their buffers against risks to foreign exchange reserves, Sri Lanka has made good progress rising …
Pandora Papers Exposes Sri Lankan Minister Tiran Alles Over Offshore Holdings
(.td-a-rec-no-translate){transform:translateZ(0)}.tdi_2 tdi_2 img{margin:0 auto 0 0}@media tdi_2{text-align:center}} Sri Lanka …
US Examined Hindenburg Allegations Against Adani Group Before $553 Million Investment In Sri Lankan Project To Offset Chinese Influence
As reported by BQprime, The International Development Finance Corp. (DFC) conducted a thorough due diligence investigation, emphasising that the Hindenburg report’s claims of Adani pulling off “the …
US Examined Hindenburg Allegations Against Adani Group Before $553 Million Investment In Sri Lankan Project To Offset Chinese Influence
As reported by BQprime, The International Development Finance Corp. (DFC) conducted a thorough due diligence investigation, emphasising that the Hindenburg report’s claims of Adani pulling off “the …
Sri Lankan public security minister used shell companies to own London flats
Tiran Alles, a businessman and politician, is the latest Sri Lankan official identified in the Pandora Papers data trove.
Sri Lanka will get the second tranche of a much-need bailout package from the IMF
The International Monetary Fund executive board has approved the release of the second tranche of a bailout package to help Sri Lanka recover from the worst economic crisis in its history.
IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?
Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves …
Wickremesinghe speaks to GB on resurrecting Sri Lanka’s economy, COP28
Gulf Business Group Editor Gareth van Zyl speaks to Sri Lankan President Ranil Wickremesinghe about his country’s economic reforms and climate plans …