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Tag: Sri Lanka

Posted on March 19, 2022

Broke Sri Lanka out of paper, exams cancelled

COLOMBO: Sri Lanka has cancelled exams for millions of students as the country has run out of printing paper and is short on dollars to finance imports, officials said on Saturday.

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Posted on March 19, 2022

Amid economic crisis, Sri Lankan president pledges to work with IMF

A day before his national address, Rajapakse met with senior IMF officials, as rating agencies warned that Sri Lanka could default on repayments of foreign loans and sovereign bonds.

( read original story …)



Posted on March 19, 2022

High level Omani business delegation concludes productive visit to Sri Lanka

The first-ever visit of a 17 member high-level Omani business delegation to Sri Lanka from the Oman Chamber of Commerce and Industry (OCCI) organised by the Sri Lanka Embassy in Oman from 5 to 9 March …

( read original story …)



Posted on March 19, 2022

High level Omani business delegation concludes productive visit to Sri Lanka

The first-ever visit of a 17 member high-level Omani business delegation to Sri Lanka from the Oman Chamber of Commerce and Industry (OCCI) organised by the Sri Lanka Embassy in Oman from 5 to 9 March …

( read original story …)



Posted on March 19, 2022

Amid economic crisis, Sri Lankan president pledges to work with IMF

A day before his national address, Rajapakse met with senior IMF officials, as rating agencies warned that Sri Lanka could default on repayments of foreign loans and sovereign bonds.

( read original story …)



Posted on March 19, 2022

Globally distributed British tech consultancy Codification expands operations into Sri Lanka

Codification, a globally distributed digital transformation consultancy based in the UK, entered into the Sri Lankan market last year and has since accelerated hiring in the country. Having been …

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Posted on March 19, 2022

PM Modi assured Sri Lanka of full cooperation on economic, social matters: Finance Minister Basil Rajapaksa

Speaking to reporters after he returned from India, where he clinched a USD 1 billion line of credit to Sri Lanka to help it tackle its ongoing economic crisis, Rajapaksa said Sri Lanka enjoys very …

( read original story …)



Posted on March 19, 2022

PM Modi assured Sri Lanka of full cooperation on economic, social matters: Finance Minister Basil Rajapaksa

Speaking to reporters after he returned from India, where he clinched a USD 1 billion line of credit to Sri Lanka to help it tackle its ongoing economic crisis, Rajapaksa said Sri Lanka enjoys very …

( read original story …)



Posted on March 18, 2022

Will India’s line of credit suffice to revive Sri Lanka’s economy?

On Friday, a day after India extended one billion dollar line of credit to Sri Lanka, the official Twitter handle of Indian High Commission in Sri Lanka noted, “A friend holds out a helping hand again …

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Posted on March 18, 2022

India extends USD 1 billion line of credit to Sri Lanka

India announced a USD 1 billion line of credit to Sri Lanka on Thursday as part of its financial assistance to help the island nation deal with its economic crisis. After an agreement to extend the …

( read original story …)



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