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Tag: Sri Lanka

Posted on April 17, 2022

Sri Lanka beefs up coaching ahead of Bangladesh tour

Sri Lanka announced four new coaching staff Sunday to assist new head coach Chris Silverwood ahead of next month’s two-match Test series in Bangladesh. Former Sri Lankan Test player Naveed Nawaz was …

( read original story …)



Posted on April 17, 2022

China hesitates to bail out Sri Lanka, Pakistan

Pakistan’s new government also plans to work with the IMF to stabilise the economy, according to Miftah Ismail, a former finance minister and a senior ruling party leader. China’s ability to assist …

( read original story …)



Posted on April 17, 2022

How war in Ukraine turned Sri Lanka’s economic crisis into a calamity

Sri Lanka was already struggling with its worst economic downturn in decades. Now the conflict in Ukraine has sent food and fuel prices soaring.

( read original story …)



Posted on April 17, 2022

How war in Ukraine turned Sri Lanka’s economic crisis into a calamity

Sri Lanka was already struggling with its worst economic downturn in decades. Now the conflict in Ukraine has sent food and fuel prices soaring.

( read original story …)



Posted on April 17, 2022

Meet the man who has the most unenviable job in Sri Lanka: Ali Sabry, Finance Minister

He replaced Basil Rajapaksa who resigned earlier this month along with the rest of the cabinet — this was a move by Basil’s brothers, President Gotabaya Rajapaksa and PM Mahinda Rajapaksa, to appoint …

( read original story …)



Posted on April 17, 2022

Bangladesh’s mounting debt stokes fears of a Sri Lanka-style crisis. But analysts see no cause for concern, just yet

As the burden of foreign debt grows heavier on Bangladesh, many are grappling with the nightmare scenario of a spiralling economic crisis similar to the one unfolding in Sri Lanka.

( read original story …)



Posted on April 17, 2022

Colombo Stock Exchange to remain shut for 5 days as Sri Lanka struggles to combat forex crisis

With Sri Lanka on the brink of bankruptcy and saddled with dwindling foreign reserves and $25 billion in foreign debt, the CSE will remain temporarily closed for a week from April 18. The stock market …

( read original story …)



Posted on April 17, 2022

Colombo Stock Exchange to remain shut for 5 days as Sri Lanka struggles to combat forex crisis

With Sri Lanka on the brink of bankruptcy and saddled with dwindling foreign reserves and $25 billion in foreign debt, the CSE will remain temporarily closed for a week from April 18. The stock market …

( read original story …)



Posted on April 17, 2022

As Sri Lanka Faces Worst Economic Crisis, Country’s Stock Exchange to Stop Trading From April 18

The SEC has “evaluated the impact the present situation in the country could have on the stock market, in particular the ability to conduct an orderly and fair market for trading in securities,” said …

( read original story …)



Posted on April 17, 2022

As Sri Lanka Faces Worst Economic Crisis, Country’s Stock Exchange to Stop Trading From April 18

The SEC has “evaluated the impact the present situation in the country could have on the stock market, in particular the ability to conduct an orderly and fair market for trading in securities,” said …

( read original story …)



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