Crisis-hit Sri Lanka’s stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse’s tentative …
Sri Lanka exchange halts again after 13% plunge
Crisis-hit Sri Lanka’s stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse’s tentative reopening after a two-week break aimed at forestalling a market collapse.
Bailing out Sri Lanka: Possible by at Great Cost
At the current juncture, Sri Lanka faces two distinct sets of economic problems. Broadly speaking, the first is a lack of liquidity needed to let the economy function normally. The second, equally …
Sri Lanka Stocks Plunge as Trading Resumes After Two-Week Halt
Stocks in Sri Lanka plunged and set for another day of trading halt as the market opened after for the first time in two weeks, during which the economic crisis deepened.Most Read from …
FM Sitharaman asks IMF, World Bank to give Sri Lanka low-income tag
Sitharaman had actively engaged with various representatives of the multilateral institutions, including World Bank president David Malpass and IMF managing director Kristalina Ge …
Shakib back in Bangladesh Test squad
Shakib Al Hasan, who had missed the Tests against South Africa in March due to personal reasons, has returned to Bangladesh s side for the first Test against Sri Lanka in Chattogram on May 15.
Shakib Al Hasan Returns as Bangladesh Announce Squad For First Test Against Sri Lanka
The series will be played under the ICC World Test Championship 2021-23 cycle, where Sri Lanka are currently placed fifth with a point percentage of 50 per cent while Bangladesh are second-last from …
India to IMF-World Bank: Classify Sri Lanka as low-income country for limited purpose of debt restructuring
India has urged International Monetary Fund (IMF) and World Bank (WB) to re-classify Sri Lanka as a lower-income country for the limited purpose of debt restructuring in light of the pandemic-induced …
IMF assures to support Sri Lanka’s efforts to overcome the current economic crisis
The International Monetary Fund (IMF) has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis and termed the initial discussions with the delegation led by …
India suspends tourist visas for Chinese nationals in tit-for-tat move
The officials aware of the development said that students from Pakistan, Thailand, and Sri Lanka have been allowed to return to China, but it has continued to remain silent about permitting stranded …