Borrowing $10bn for ML-1 could create additional risks for Pakistan as China accounts for 30% of its foreign debt. Analysts draw parallels with Sri Lanka’s ‘poor’ borrowing choices.
India’s response to Sri Lanka’s request for debt restructuring expected by January end: Wickremesinghe
Read more about India’s response to Sri Lanka’s request for debt restructuring expected by January end: Wickremesinghe on Devdiscourse …
Economic Recovery Continues To Elude Sri Lanka; So Does IMF Bailout
When 2023 dawned, Sri Lanka breathed a sigh of relief as it marked the end of the most turbulent year since the island nation’s independence from British colonial rule in 1948. What started with …
Pakistan seeks Sri Lanka-style US$3bn ‘bridging finance’ from Saudi Arabia
Pakistan has sought a 3 billion US dollar loan from Saudi Arabia in the style of Sri Lanka’s frequent ‘bridging finance’ as monetary instability created forex shortages and its central bank ran out of …
Sri Lanka works to rebuild its economy, restart trade talks with India, China and Thailand
In 2021, trade talks between Thailand and Sri Lanka amounted to around $460 million, according to data released by the country’s central bank …
Indian External Affairs Minister to visit Sri Lanka this month
Indian External Affairs Minister Dr. S. Jaishankar is slated to visit Sri Lanka this month for two days for bilateral talks, Daily Mirror learns. ..
Sri Lanka restricts bringing over 22 carats of gold as jewellery
A special Gazette notification has been issued restricting bringing in more than 22 carats in gold as jewellery to Sri Lanka in a bid to prevent gold smuggling, says the Finance Ministry …
Sri Lanka restricts bringing over 22 carats of gold as jewellery
A special Gazette notification has been issued restricting bringing in more than 22 carats in gold as jewellery to Sri Lanka in a bid to prevent gold smuggling, says the Finance Ministry …
INSEE Cement Sri Lanka appoints new CEO
INSEE Cement, Sri Lanka’s leading cement brand and member of the Siam City Cement Public Company Limited of Thailand, yesterday announced the appointment of Jan Kunigk as Chief Executive Officer (CEO) …
INSEE Cement Sri Lanka appoints new CEO
INSEE Cement, Sri Lanka’s leading cement brand and member of the Siam City Cement Public Company Limited of Thailand, yesterday announced the appointment of Jan Kunigk as Chief Executive Officer (CEO) …