One of the most sought after international gem and jewellery shows on the global procurement and sourcing calendar, FACETS Sri Lanka Premier Edition was inaugurated by Minister of Industries and …
Hedge funds holding up vital debt relief for crisis-hit Sri Lanka, warn economists
Statement from 182 experts say only debt cancellation offers chance of recovery but investors are playing hardball …
Dhaka goes Metro, Colombo stays tuk-tuk: Burgeoning Bangladesh and Backsliding Sri Lanka
Rajan Philips On December 11, the Sunday Observer reported that the Japanese Government has agreed to reopen the Colombo-Malabe light rail project more than two years after it was highhandedly …
Trysts With Sri Lanka’s Ghosts
In the Booker Prize-winning “The Seven Moons of Maali Almeida,” the past haunts a country racked by unresolved death.
Pakistan sliding deeper into Chinese infra debt trap? What $10 bn rail loan could entail
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.
Pakistan sliding deeper into Chinese infra debt trap? What $10 bn rail loan could entail
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 …