India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as New Delhi tries to …
India finally on board, but Trincomalee oil farm now waits for economy crisis to lift
India’s prized agreement with Sri Lanka for the joint development of the Trincomalee Oil Tank farm, signed earlier this year after a 35-year wait, may take years to turn around and at least a 100 …
Bankrupt Sri Lanka looks to expand airline fleet
Cash-strapped Sri Lanka’s loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry
In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with …
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry
In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with …
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry
In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with …
Why Bangladesh is a different story than Sri Lanka and Pakistan
By John Rozario According to World Bank ‘s latest report, Bangladesh (South Asian country) has a strong track record of development and pro …
Neighbourhood, not Ukraine war, should be India’s priority now
At a time when there are suggestions for India to play a peacemaker’s role in the Ukraine war, the South Asian neighbourhood — from Pakistan on the land-side to Sri Lanka on the Oceanfront — is in tro …
Sri Lanka defaults on $51 billion debt
Colombo: Crisis-hit Sri Lanka said it was defaulting on all payments on its $51-billion external debt after running out of foreign exchange to import desperately needed goods. Acu …
Why Bangladesh A Different Story Than Sri Lanka And Pakistan? By John Rozario
According to World Bank’s latest report, Bangladesh (South Asian country) has a strong track record of development and prosperity. Over the last decade, it has been one of the world’s fastest growing …