The International Monetary Fund (IMF) says Sri Lanka is on the path to receive the second tranche of funding as the country looks to co …
ADB funding for new finance project for SMEs in Sri Lanka
The Asian Development Bank (ADB) has agreed to provide USD 100 million for a new project set to be launched by the Sri Lankan government, titled the ‘Small and Medium Enterprise Development Finance Pr …
Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka
Alipay+ recently signed an MoU with Sri Lanka’s National Payment Network – LankaPay towards enhancing inbound and ..
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 …
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”.
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 …
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 …
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 …
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 …
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 …