Success didn’t happen overnight for U Thant Zin, nor did it come easily. U Thant Zin is a paddy farmer in Auglan, Myanmar. For smallholder farmers like him, the lack of collateral and expertise in the …
CORRECTED-UPDATE 1-Sri Lanka to make $2.6 bln in loan repayments in first half of year
By Uditha Jayasinghe COLOMBO, Feb 21 (Reuters) – Sri Lanka’s cabinet has approved loan repayments worth $2.6 billion in the first half of this year, in line with its debt suspension plans, its cabinet …
IMF only option available to Sri Lanka to overcome economic crisis, says PM Wickremesinghe
Different political parties are presenting different stories. I suggested to them to let me know if there is another way to resurrect the collapsed economy: Ranil Wickremesinghe …
IMF only option available to Sri Lanka to overcome economic crisis, says Wickremesinghe
Sri Lankan President Ranil Wickremesinghe on February 21 emphasised that seeking the IMF bailout package was the only option available to the debt-ridden country to overcome the ongoing economic …
CORRECTED-UPDATE 1-Sri Lanka to make $2.6 bln in loan repayments in first half of year
By Uditha Jayasinghe COLOMBO, Feb 21 (Reuters) – Sri Lanka’s cabinet has approved loan repayments worth $2.6 billion in the first half of this year, in line with its debt suspension plans, its cabinet …
Obstructing 2023 LG polls jeopardises Sri Lanka’s democracy – Freedom People’s Alliance
The newly formed Freedom People’s Alliance (FPA) has raised concerns over the recent resistance displayed by the Ministry of Finance to release the fund required to hold to upcoming 2023 Local Governm …
Securities And Exchange Commission On Sri Lanka Gets A New Chairman
Veteran banker, Faizal Salieh, has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC). …
Electricity bill hike adds to misery of Sri Lankans amid crisis
The 66 percent price increase is latest measure by island nation to clinch a $2.9bn IMF loan to tackle economic crisis.
“How Can We Manage”: Power Price Hike Pushes Crisis-Hit Sri Lanka On Brink
The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in a quandary: the 66% increase means he can’t afford to pay for electricity but can’t manage without it …
Electricity bill increase pushes crisis weary Sri Lankans to the brink
The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in a quandary: the 66 percent increase means he can’t afford to pay for electricity but can’t manage …