As Islamic finance has been in Sri Lanka for 25 years, the stakeholders of the industry launched this week a publication to commemorate the milestone reached by the non-conventional baking system in …
Islamic finance reaches 25-year milestone in SL
As Islamic finance has been in Sri Lanka for 25 years, the stakeholders of the industry launched this week a publication to commemorate the milestone reached by the non-conventional baking system in …
India’s economic rise vs crisis in Sri Lanka, Bangladesh, Nepal; here’s what India did right vs neighbours
Nepal’s economy is not in a good shape with its currency value in terms of the US dollar, foreign exchange reserves, banking and financial institution liquidity, government revenue, and employment …
Sri Lanka should have never defaulted prior to debt rescheduling
It was good news for Sri Lanka when Paris Club members at their meeting on January 25, 2023, in the presence of representatives from Hungary, Saudi Arabia, the Kuwait Fund for Arab Economic …
In final stages of negotiations with IMF on bailout package: Sri Lanka President
The IMF facility would enable Sri Lanka to obtain bridging finance from markets and other lending institutions such as the ADB and the World Bank. “We are in the final stages of negotiations with the …
In final stages of negotiations with IMF on bailout package: Sri Lanka President Wickremesinghe
President Ranil Wickremesinghe on Thursday said Sri Lanka was in the final stages of negotiations with the IMF on the much-awaited USD 2.9 billion bailout package that could help the debt-trapped …
Ireland: Paul Stirling and Josh Little to miss Tests in Bangladesh and Sri Lanka
Paul Stirling and Josh Little will miss Ireland’s Tests in Bangladesh and Sri Lanka as they juggle international and franchise commitments.
Jungles, jackfruit and community tourism: this is Sri Lanka at its best
Our author and her family are wowed by an ethical travel break, meeting local schoolchildren and visiting eco resorts set in verdant countryside and by pristine beaches …
Sri Lanka’s Former Finance Minister Basil Rajapaksa Ready To Renounce US Citizenship
Basil, 71, who is a US passport holder, resigned as Sri Lanka’s finance minister in April last year as anti-government protests intensified against severe shortages of fuel, food and other essentials.
India is Sri Lanka’s biggest friend in time of crisis: PM Dinesh Gunawardena
Sri Lanka’s Prime Minister Dinesh Gunawardena has said that India is the biggest friend of the island nation in times of crisis. Sri Lanka declared bankruptcy last year and defaulted on its USD 51 …