The United States is urging Sri Lanka to make “difficult but necessary choices” to secure its economic independence instead of choosing opaque practises, a senior State Department official said on …
The Latest: Sri Lanka orders more curfews over virus cluster
Authorities in Sri Lanka have closed the country’s main fish market and widened the curfew in many parts of the island nation following a surge of …
Are licensed finance companies the missing link in Sri Lanka’s financial inclusion quest?
Financial Inclusion is essential for continuous and sustainable economic development, according to IFC. This is no exception for Sri Lanka despite showing strong numbers in bank penetration. ..
Mike Pompeo to visit Sri Lanka, Maldives as Washington seeks to counter China’s growing influence
U.S. Secretary of State Mike Pompeo will visit Sri Lanka and the Maldives this month, officials of both Indian Ocean nations said yesterday, as Washington seeks to counter China’s growing influence in …
Asia Today: Sri Lanka closes fish market, expands curfew
Sri Lanka’s main fish market was closed Thursday and a curfew widened as a COVID-19 outbreak grows. The government imposed the curfew in parts of the capital and some areas outside Colombo after …
Pompeo to raise China concerns on Asia tour
US Secretary of State Mike Pompeo said Wednesday he would raise concerns about China next week as he travels to India, Sri Lanka, Maldives and Indonesia.
Vallibel Finance opens in Ambalantota
Expanding its outreach across Sri Lanka, Vallibel Finance opened its latest branch in the Southern City of Ambalantota recently at Tangalle Road, Ambalantota. Offering a diverse product mix aimed at …
Vallibel Finance opens in Ambalantota
Expanding its outreach across Sri Lanka, Vallibel Finance opened its latest branch in the Southern City of Ambalantota recently at Tangalle Road, Ambalantota. Offering a diverse product mix aimed at …
Mike Pompeo to visit Sri Lanka, Maldives amid rising Chinese influence in region
U.S. Secretary of State Mike Pompeo will visit Sri Lanka and the Maldives this month, officials of both Indian Ocean nations said on Tuesday, as Washington seeks to counter China’s growing influence …
IMF predicts 5.3% growth recovery for Sri Lanka in 2021
The International Monetary Fund (IMF) says Sri Lanka’s expected gross domestic product could shrink 4.6% for 2020, up from 0.5% predicted earlier, though it expects the global economy to fare better.