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Tag: Sri Lanka

Posted on October 22, 2023

LKI Hosts Expert Roundtable on “Strengthening Engagement in U.S.-Sri Lanka Relations”

The discussion provided an opportunity for a variety of stakeholders ranging from foreign policy practitioners and academics from Sri Lanka and the US, business leaders, and civil society to …
Posted on October 22, 2023

China considered Bangladesh, Sri Lanka, Pakistan, Burma for military logistic support: Pentagon report

China is trying to expand global military footprints, with a latest Pentagon report naming 18 countries, besides Djibouti and Cambodia’s Ream Naval Base, to insist that Beijing has “probably” “considered” them as “locations for PLA (People’s Liberation Army) military logistics facilities”.
Posted on October 22, 2023

Sri Lanka can reduce fuel price in par with Sinopec from next month after IMF discussion: MInister

ECONOMYNEXT – Sri Lanka’s State Minister for Power & Energy said the state-run Ceylon Petroleum Corporation (CPC) can reduce the fuel prices on par with Sinopec and other suppliers once discussion …
Posted on October 22, 2023

IMF review agreement will help Sri Lanka fast-track debt restructuring: state minister

The staff level agreement on the first review of the International Monetary Fund (IMF) programme will enable multilateral agencies to disburse remaining installments and help fast-track debt …
Posted on October 21, 2023

Sri Lanka Commits Itself To China’s BRI Despite India’s Warnings

Sri Lankan President Ranil Wickemesinghe’s visit to China from October 16 to 20, has resulted in Sri Lanka’s rei …
Posted on October 21, 2023

Sri Lanka Commits Itself To China’s BRI Despite India’s Warnings

Sri Lankan President Ranil Wickemesinghe’s visit to China from October 16 to 20, has resulted in Sri Lanka’s rei …
Posted on October 21, 2023

Will use 2nd IMF tranche to settle outstanding credit: Sri Lanka minister

Sri Lanka would utilise the IMF’s second tranche of the bailout deal to settle arrears owed to multilateral creditors while expediting the debt restructuring process, state minister of finance Shehan …
Posted on October 21, 2023

You Can Stay in the Once-private Homes of Sri Lanka’s Most Famous Architect — Here’s Where to Go

From the outside, the Colombo house of Geoffrey Bawa, the late Sri Lankan architect and pioneer of tropical modernism, does not command much attention. Bleary-eyed from our long-haul flight, my friend …

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Posted on October 21, 2023

Sri Lanka poised to receive IMF second tranche of $330mn – Semasinghe

State Minister for Finance Shehan Semasinghe says the agreement reached with the IMF and the staff-level agreement reached following the First Review of Sri Lanka’s Extended Fund Facility (EFF) arrang …
Posted on October 21, 2023

Sri Lanka’s once top corporate leader Lalith Kotelawala passes away at 84

ECONOMYNEXT – Lalith Kotelawala, Sri Lanka’s once prominent business mogul, passed away at 84 years in a private hospital in Colombo on Saturday, corporate sources said. He was the chairman of …

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