Consul General of Sri Lanka in Melbourne Sandith Samarasinghe participated as the guest speaker in the Sri Lanka Tourism Forum organized by the Australia-Sri Lanka Business Council on 26 September …
Sri Lanka Reaches Agreement With China’s EXIM Bank on Debt
The finance ministry said in a statement issued Wednesday that the agreement covers $4.2 billion in outstanding debt and is an important step toward Sri Lanka’s economic recovery. The statement said the deal provides the necessary fiscal space for Sri …
Hilton debuts new Sri Lanka resort
Hilton has marked the opening of Hilton Yala Resort, Hilton’s third flagship-branded property in Sri Lanka. Just outside Yala National Park, the Sri Lanka resort offers views overlooking the Indian …
Sri Lanka confirms major debt deal with China covering USD 4.2 billion of outstanding debt
China holds about 52 per cent of Sri Lanka’s USD 46 billion external credit. COLOMBO: The Sri Lankan government has confirmed that it has concluded a preliminary deal with China on the restructuring …
Sri Lanka confirms major debt deal with China covering USD 4.2 billion of outstanding debt
China holds about 52 per cent of Sri Lanka’s USD 46 billion external credit. COLOMBO: The Sri Lankan government has confirmed that it has concluded a preliminary deal with China on the restructuring of its debts to Beijing,
Sri Lanka says China debt deal covers $4.2 billion as other talks drag on
By Uditha Jayasinghe, Jorgelina do Rosario and Leika Kihara COLOMBO/MARRAKECH (Reuters) – Sri Lanka said on Thursday it reached an agreement with the …
Sri Lanka says China Exim Bank to restructure US$4.2bn ‘in principle’
Sri Lanka and the Exim Bank of China has agreed on key principles to restructure 4.2 billion US dollars in loans, Sri Lanka’s Finance Ministry said in a statement.
IMF says Sri Lanka debt talks ongoing, unaware of specific deals
The International Monetary Fund had not been informed about any specific agreements regarding Sri Lankan debt talks, a fund official said on Wednesday, after China announced it had come to an …
Loud Chants for Pakistan From Indian Crowd Rock Hyderabad Stadium
During the historic Cricket World Cup match between Pakistan and Sri Lanka, Hyderabad Stadium witnessed a historic and exciting moment. The atmosphere was …
IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals
By Jorgelina do Rosario MARRAKECH (Reuters) -Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been informed about any specific agreements …