A $51 billion debt, with debt servicing of $7 billion needed this year, is proving unmanageable Sri Lanka army soldiers patrol near the official residence of president Gotabaya Rajapaksa three days …
Sri Lanka crisis: Ranil Wickremesinghe tells military, police to restore order
Acting President of Sri Lanka Ranil Wickremesinghe on Wednesday said there was a fascist threat to democracy in the country and vowed to restore normalcy as well as stop the destruction of state …
India did not facilitate Gota’s exit – HC
The Indian High Commission categorically denied baseless and speculative media reports that India facilitated the recently reported – Get the latest breaking news and top stories from Sri Lanka, the …
Some thoughts on green financing options for Sri Lanka
By Prof. Nimal Gunatilleke This is a sequel to my earlier article, titled ‘The Sri Lankan Debt Crisis: A Layman’s Review’, which appeared in two parts on the 01st and 02nd June in The Island Midweek …
Some thoughts on green financing options for Sri Lanka
By Prof. Nimal Gunatilleke This is a sequel to my earlier article, titled ‘The Sri Lankan Debt Crisis: A Layman’s Review’, which appeared in two parts on the 01st and 02nd June in The Island Midweek …
Assassination of ex-Japanese PM Abe: message of condolence
On behalf of Sri Lanka-Japan Business Council and Lanka-Japan Friendship Society, Merrick Gooneratne has issued the following statement on the assassination of former Japanese Premier Shinzo Abe: “We …
Fears over India’s external debt are overblown
The composition of India’s debt and the country’s ability to service it indicate the parallel drawn with Sri Lanka is flippant …
Ex-minister Basil Rajapaksa tries to flee Sri Lanka, stopped from boarding Dubai flight
Sri Lanka’s former finance minister Basil Rajapaksa was reportedly stopped from fleeing the country on Monday evening.
Lessons From Sri Lanka: Over-Borrowing, A Trap You Must Avoid In Personal Finance
With Sri Lanka, the issue of debt and over-borrowing is once again in focus. It’s a crisis from which the world can take lesson on reasons why one should avoid over-borrowing …
Sri Lanka doubtful as host for Asia Cup amid financial and political tension, ACC put Bangladesh on stand-by
With the uncertainties regarding the host nation Sri Lanka for the upcoming Asia Cup set to be played during August and September, neighbour Bangladesh has been put in the line by the Asian Cricket …