In a Sri Lankan beach guesthouse blacked out by a power cut, the owner’s son illuminates a printed Wifi password with his phone for two European …
Plenty of fish but no catch as Sri Lanka economic crisis bites
Sri Lanka’s economic crisis has left coastal communities short … “Now everything is expensive — for us it’s very difficult to do business,” says K.W. Shiromi, the owner of Mama’s Place seafood …
IMF to begin talks with Sri Lanka on possible loan program
The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in the coming days, IMF spokesperson Gerry Rice said on Thursday (Mar 31), as the Asian …
India tries to pry Sri Lanka loose from China’s embrace
India is trying to outdo China in its alacrity to provide financial help to Sri Lanka, which is running dangerously low on foreign reserves to service its debt.
U.S. EXIM Bank Formalizes Russia Pullout; Approves Sri Lanka, Albania, Iraq Deals
The U.S. Export-Import Bank’s board of directors on Thursday voted to formalize the bank’s withdrawal from any further business in Russia and approved financing and guarantee deals worth up to $381 …
U.S. EXIM Bank Formalizes Russia Pullout; Approves Sri Lanka, Albania, Iraq Deals
The U.S. Export-Import Bank’s board of directors on Thursday voted to formalize the bank’s withdrawal from any further business in Russia and approved financing and guarantee deals worth up to $381 …
IMF to start talks with Sri Lanka on loan request in coming days
The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice said on Thursday, as the Asian country …
In extraordinary gesture, four Sri Lankan ministers receive EAM Jaishankar at airport
In an extraordinary gesture, four Sri Lankan ministers received Indian External Affairs Minister (EAM) S Jaishankar, who is on a bilateral visit …
Exclusive-Crisis-hit Sri Lanka in talks with India for another $1.5 billion credit line
Sri Lanka has sought an additional credit line of $1.5 billion from India to import essentials, the island nation’s central bank governor said on Monday, amid its worst economic crisis in decades. The …
India working overtime to ensure swift assistance to Sri Lanka
Recognising that “timing is key” for Sri Lanka as it tries to cope with a grave economic crisis, the Indian system is working “overtime” to – Get the latest breaking news and top stories from Sri …