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Tag: Sri Lanka

Posted on July 4, 2025

Sri Lanka urges Japan to back existing Yen-loan projects to secure investment, gap funding

ECONOMYNEXT – Sri Lanka has urged Japan back its existing yen-loan projects in order to attract further investment and secure gap financing, the island nation’s Finance Ministry said in a statement.
Posted on July 4, 2025

IMF tells Sri Lanka to keep reform engine running as global turbulence looms

Mission Chief for Sri Lanka Evan Papageorgiou yesterday insisted Sri Lanka sustain the remarkable momentum of reform progress amidst looming external shocks, particularly global trade policy …
Posted on July 3, 2025

Sri Lanka still in negotiations with Sinopec over tax holiday, local sales

ECONOMYNEXT – Sri Lanka is still under negotiations with China’s Sinopec over tax holiday and local sales in an already inked $3.7 billion refinery deal in Hambantota, Deputy Industries Minister …

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Posted on July 3, 2025

IMF Executive Board Completes the Fourth Review Under the Extended Fund Facility with Sri Lanka

The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to …
Posted on July 3, 2025

IMF Executive Board Completes the Fourth Review Under the Extended Fund Facility with Sri Lanka

The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to …
Posted on July 3, 2025

Sri Lanka awaits favourable US response on reciprocal tariffs by 8 July

Cabinet Spokesman and Minister Dr. Nalinda Jayatissa yesterday expressed confidence that Sri Lanka could expect a favourable response from the US on the looming reciprocal tariffs by 8 July, easing …
Posted on July 3, 2025

Khettarama bites back as Bangladesh unravel in magnificent fashion

At least two captains of Sri Lanka’s men’s white-ball team have said in recent years, that they would really prefer it if this piece-of-work Khettarama pitch learned how to behave. The theory goes …
Posted on July 2, 2025

Starlink Launch in Sri Lanka: What It Costs and How to Order

Starlink, the satellite internet service operated by Elon Musk’s SpaceX, is now officially launched in Sri Lanka, offering high-speed internet access for both residential and business users.

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Posted on July 2, 2025

Elon Musk Launches Starlink in Sri Lanka, Bringing Satellite Internet Nationwide

Billionaire entrepreneur Elon Musk has officially announced the launch of Starlink satellite internet services in Sri Lanka.Sri Lankan fashion In a post on X (formerly Twitter), Musk stated, “Starlink …

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Posted on July 2, 2025

5 Runs, 7 Wickets – Bangladesh Suffer Unprecedented Collapse; Sri Lanka Set Stunning World Record

Bangladesh suffered an unprecedented collapse with the bat against Sri Lanka as they went from 100-1 to 105-8 in the first ODI at Colombo. Sri Lanka set multiple world records with the incredible …

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