Apex Modular, established in 2023 as a joint venture between JAT Property Group and Apex Asia Holdings in Sri Lanka, was recently appointed the licensed manufacturer for Estonian-based mobile module …
Sri Lanka Thanks India For Backing Its $2.9 Billion Bailout Package; Issuing Guarantees To IMF
India’s ministry of finance recently issued a letter to the International Monetary Fund (IMF) to confirm its support to Sri Lanka on the issue of debt restructuring …
Sri Lanka thanks India for backing its USD 2.9 billion bailout package; issuing guarantees to IMF
External Affairs Minister S Jaishankar during his recent visit to Colombo gave the required assurances to Sri Lanka’s top leadership for the much-needed IMF bailout package …
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms …
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms …
China offers Sri Lanka a 2-year debt moratorium
However, China’s Jan. 19 letter may not be enough for Sri Lanka to immediately gain the IMF’s approval for the critical loan, said Sri Lankan sources.
China offers Sri Lanka a 2-year debt moratorium
However, China’s Jan. 19 letter may not be enough for Sri Lanka to immediately gain the IMF’s approval for the critical loan, said Sri Lankan sources.
Letter on China’s refusal to help Sri Lanka’s debt crisis ‘completely forged’ – Embassy
The Chinese Embassy has clarified that a letter being widely circulated on social media since of late, claiming that China is unable to amortise Sri Lanka’s debts, is not one that was officially issue …
Is Pakistan going to default on debt servicing like Sri Lanka?
The economic turmoil in Pakistan has reached alarmingly close to that of Sri Lanka, which had faced a similar situation prior to its default. Pakistan is now standing at the same juncture. Merely a …
China offers Sri Lanka debt moratorium, IMF help still in doubt
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a $2.9 billion loan from the International Monetary …