Tag: sri lanka

Eye on economic recovery, Sri Lanka focuses on Indian tourists in next 12 months
Posted in South Asia News

Eye on economic recovery, Sri Lanka focuses on Indian tourists in next 12 months

As Sri Lanka takes tentative steps to recover from an economic crisis that it was plunged into last year, India, its top tourism source market,…

Continue Reading
A year after Sri Lanka unrest, Slave Island hungers
Posted in South Asia News

A year after Sri Lanka unrest, Slave Island hungers

COLOMBO: As Sri Lankans flocked to a jubilant street party celebrating their president‘s ouster, retired accountant Milton Perera sat at home pondering whether his family…

Continue Reading
Sri Lanka cuts key rates as expected amid easing inflationary pressures
Posted in South Asia News

Sri Lanka cuts key rates as expected amid easing inflationary pressures

COLOMBO: Sri Lanka‘s central bank cut its key rates by 200 basis points on Thursday, in line with expectations, as inflation continued to slow and…

Continue Reading
Sri Lanka: Sri Lanka Economic Crisis: Sri Lanka could exit bankruptcy by September, says president | World News
Posted in South Asia News

Sri Lanka: Sri Lanka Economic Crisis: Sri Lanka could exit bankruptcy by September, says president | World News

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a turnaround for the country which is emerging from its…

Continue Reading
Pakistan blames geopolitics for stalled IMF programme
Posted in Pakistan News

Pakistan blames geopolitics for stalled IMF programme

ISLAMABAD: Cash-strapped Pakistan has blamed geopolitics for the International Monetary Fund (IMF)’s reluctance to revive a stalled bailout programme, alleging that global institutions wanted Pakistan…

Continue Reading
Posted in South Asia News

Sri Lanka can’t afford to hold presidential polls this year: Cabinet

COLOMBO: Sri Lanka is not in the position to hold a snap presidential election this year because of the ongoing economic crisis and the government’s…

Continue Reading
Sri Lanka can't afford to hold snap presidential election this year due to economic crisis: Cabinet spokesman
Posted in South Asia News

Sri Lanka can’t afford to hold snap presidential election this year due to economic crisis: Cabinet spokesman

COLOMBO: Sri Lanka is not in the position to hold a snap presidential election this year because of the ongoing economic crisis and the government’s…

Continue Reading
Posted in South Asia News

Sri Lanka: Sri Lanka lifts import limits on 286 items as crisis eases

COLOMBO: Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to…

Continue Reading
China assures Sri Lanka of 'steadfast support' on its road to economic recovery
Posted in China News

China assures Sri Lanka of ‘steadfast support’ on its road to economic recovery

COLOMBO: China’s vice minister of foreign affairs Sun Weidong has assured Sri Lankan President Ranil Wickremesinghe of ‘steadfast support’ to overcome the unprecedented economic crisis…

Continue Reading
China assures Sri Lanka of 'steadfast support' on its road to economic recovery
Posted in South Asia News

China assures Sri Lanka of ‘steadfast support’ on its road to economic recovery

COLOMBO: China’s vice minister of foreign affairs Sun Weidong has assured Sri Lankan President Ranil Wickremesinghe of ‘steadfast support’ to overcome the unprecedented economic crisis…

Continue Reading