Ltd, hereafter referred to as ‘IGT 1 Lanka’, the subsidiary of IGT Holding I Sweden AB, and sister company of IFS Sri Lanka, recently signed an agreement to officially on-board as office tenant at the …
Trade wars, tariffs, and us in Sri Lanka
As global trade tensions escalate—driven by tariff wars and shifting geopolitical alliances—Sri Lanka faces disproportionate exposure due to its limited scale, high import dependency, and fragile …
Ready to revise Sri Lanka bailout after US tariffs: IMF
The International Monetary Fund on Tuesday offered to revise the terms of a $2.9 billion bailout loan to cash-strapped Sri Lanka, should the United States reinstate punitive tariffs on exports.
Govt. keen on favorable outcome before 90-day pause on Trump tariffs ends
The Sri Lankan government is confident of arriving at a favorable outcome regarding the reciprocal tariffs imposed by United States President Donald Trump, before the lapse of the temporary 90-day …
Sri Lanka’s next great retreat has just seven suites and one wild shore
Located on Sri Lanka’s south coast, Tangalle is a place of rugged beauty, battered relentlessly by the furious Indian Ocean. The opening of Uga Prava in May, however, will instil a sense of calm on …
Trump’s tariffs threaten Sri Lanka’s fragile economic recovery
Sri Lanka was on the verge of bankruptcy. If U.S. President Donald Trump’s imposes his proposed tariffs, the country’s textile exports will be at risk, and a new debt crisis could loom.
How integrity drives Sri Lanka’s reforms
A public pursuit of better governance, as well as conditions set by an international lender, helps roll back an era of corruption.
A Sri Lankan Feast on a Tropical Modernist Estate
The chef Cynthia Shanmugalingam cooked a meal that celebrated the country’s heirloom produce and homegrown creative culture.
Expert says franchising Sri Lanka’s safest bet for achieving swift economic growth
Additional Director General Sonya Chowdhry yesterday highlighted the potential of franchising as a low-risk and proven approach to stimulate economic recovery, propelling the nation towards its lofty …
IMF reaches agreement with Sri Lanka on $344m
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country’s economic …