The International Monetary Fund says that economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago …
IMF pushes Sri Lanka to clinch debt deal with China
Sri Lanka must speed up debt restructuring with key bilateral lender China and other creditors to sustain a recovery from …
EMERGING MARKETS-Stocks soar on Fed’s rate cut stance, Sri Lankan dollar bonds jump
The emerging market stocks index rallied on Thursday, as investors cheered the Federal Reserve’s indication it will still deliver three rate cuts this year, while Sri Lanka’s dollar bonds climbed on …
Public Finance Committee Wants CBSL To Defer Pay Hike
The Committee on Public Finance (COPF) headed by MP Dr. Harsha de Silva, has proposed that the Central Bank of Sri Lanka defer the pay hike …
Sri Lanka to Start Restructuring Talks With Investors Next Week
Global investors and Sri Lanka officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, according to people familiar with the matter.Most Read fro …
Bangladesh Call Up Hridoy For Mushfiqur In Sri Lanka Test
Bangladesh on Wednesday handed batsman Towhid Hridoy his maiden Test call-up, replacing injured Mushfiqur Rahim in the two-match series against Sri Lanka, beginning on Friday in Sylhet.
Wicketkeeper Mushfiqur out injured from Bangladesh-Sri Lanka test series
Bangladesh wicketkeeper-batter Mushfiqur Rahim was ruled out of the test series against Sri Lanka by a broken thumb sustained in their one-day international. Mushfiqur was busy on Monday making four …
ADB Approves $100 Million Loan to Support SMEs in Sri Lanka
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks …
Hasaranga suspended from playing Sri Lanka vs Bangladesh Tests
B arely a few hours after Sri Lanka announced that Wanindu Hasaranga would be coming out of Test retirement to join the team for a two-match series in Bangladesh, he ended up with …
Bangladesh batter Mushfiqur Rahim ruled out of Test series against Sri Lanka
Bangladesh batter Mushfiqur Rahim has been forced to pull out of a two-match Test series against Sri Lanka due to a fractured thumb.