News Search:
Narrowed By (Click to remove): > [query]
- island.lk - Category : Breaking News - Relavancy : 0.103865564

Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister. “We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in L...

Similar Stories
- onlanka.com - Category : Breaking News - Relavancy : 0.072705895

Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...

- onlanka.com - Category : Breaking News - Relavancy : 0.08309245

Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework.The post Sri Lanka calls for debt-restructuring proposals from dealer managers appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...

- island.lk - Category : Breaking News - Relavancy : 0.07196017

The bodies of two people have been recovered from a red pickup truck, which was under water where the Baltimore bridge collapsed. Eight construction workers were on the bridge when a ship struck it, plunging them into the waters below. Two of the workers were rescued on the day, but the search continues for the […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.058755234

[…]The post What Is Wrong With Sri Lanka? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.07344404

By Dr Laksiri Fernando It is not the country per se, but the politicians and the people who are wrong. While politicians should take 70 percent responsibility, the people also should take 30 percent. It is true that these wrongs on the part of the politicians or the people are not limited to Sri Lanka. […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.058755234

[…]The post The Curse Of JRJ Constitution Continues appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.4453708

Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022

- colombogazette.com - Category : Breaking News - Relavancy : 0.25193977

Chinese Prime Minister Li Qiang assured his Lankan counterpart Dinesh Gunawardena that his country would assist Sri Lanka’s debt restructuring process continuously and develop its economy. Sri Lanka has $4.2 billion bilateral debt and $ 2.9 billion in commercial debt outstanding to China

- colombogazette.com - Category : Breaking News - Relavancy : 0.16488147

In its quest to challenge Western hegemony in global governance and make itself more representative of the Global South, BRICS has begun to expand itself, including more new member nations. The expansion has led to a formal request by Pakistan to join BRICS in late 2023. This has led to discourse and speculations by scholars, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.06231934

Sri Lankan Prime Minister Dinesh Gunawardena arrived in Beijing on Monday for a six-day official visit to China at the invitation of Chinese Premier Li Qiang. According to Foreign Ministry spokesperson Lin Jian on Friday, Chinese leaders will have in-depth exchange of views with Gunawardena on continuing China-Sri Lanka traditional friendship, deepening political mutual trust, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08995022

In an unprecedented display of candor, Premier Li Qiang’s inaugural government work report delivered a scathing indictment of the myriad economic woes plaguing China at the recently concluded National People’s Congress in Beijing. The wide-ranging report pulled no punches in exposing the cascading domestic fragilities and external hostilities that threaten to derail the world’s second-largest [...

- island.lk - Category : Breaking News - Relavancy : 0.051932782

Sri Lanka’s fate compared with that of Sikkim By Shamindra Ferdinando National Freedom Front (NFF) leader and Chairman of the Uththara Lanka Sabhagaya (ULS) Wimal Weerawansa, MP, said that President Ranil Wickremesinghe, SJB leader Sajith Premadasa, MP, and JVP/JJB leader Anura Kumara Dissanayake, MP, were pursuing the same strategy to address the economic crisis. Therefore, […]

- onlanka.com - Category : Breaking News - Relavancy : 0.10992098

Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.10992098

President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]

- island.lk - Category : Breaking News - Relavancy : 0.07196017

by Rajan Philips The Election Commission of India has set a staggering 44-day timetable for the country’s 18th Lok Sabha elections, between April 19 and June 1, with the results declared on June 4. There will be seven phases of voting – on April 19, April 26, May 7, May 13, May 20, May 25, […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.062965155

[…]The post India’s Election Timetable & Sri Lanka’s Deadlock Elections appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.101767056

[…]The post Economic Realities & Political Promises appeared first on Colombo Telegraph.

Similar Stories
- colombotelegraph.com - Category : Breaking News - Relavancy : 2.2720335

[…]The post Mr. President, You Plan To Rapidly Transform The Country Into An Export Economy By Passing Two New Laws In April 2024? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.07344404

… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country should take advantage of the continuing external pressure to adopt reforms, build-up […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.051932782

Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03115967

[…]The post Gender Equality, Empowerment Of Women & The JVP: Capitalism & Empowerment Of Women appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.072705895

Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.058755234

In the sun-kissed paradise of the Maldives, where azure waters meet golden shores, a cloud of uncertainty looms over the political landscape. President Mohamed Muizzu, once hailed as a beacon of hope for the nation’s future, now finds himself navigating treacherous waters, buffeted by the winds of discontent and economic strain. The recent opening session […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03115967

[…]The post Books & Elections: President Gotabaya Rajapaksa’s Claim Of Foreign Conspiracy appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.06231934

Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]

- adaderana.lk - Category : Breaking News - Relavancy : 2.2720335

If Sri Lanka continues to rely on borrowing to address the imbalance between imports and exports, the nation will inevitably confront another economic crisis within a decade, says President Ranil Wickremesinghe.

- island.lk - Category : Breaking News - Relavancy : 0.12593031

Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed to avert a sovereign default. “The IMF team has reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan’s stabilisation programme,” the IMF […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.09290019

[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.

Local News

Local News

Sri Lanka News

@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc