Tag: Sri Lanka
India Acts Big Brother To Sri Lanka (Opinion)
Indian policy in the region towards smaller countries, seems to be paying dividends, as compared to China, which is more and more is being seen as a hawk, intent on taking over smaller countries natural resources.....
Sri Lanka Deploys Military At Fuel Stations Amidst Shortage
Army personnel were deployed at all fuel stations run by Sri Lanka's state-owned Ceylon Petroleum Corporation on Tuesday amidst a shortage that led to long queues of consumers.....
US Dollar Reaches Over 300 Against Sri Lankan Rupee For First Time
Sri Lankan banks on Tuesday said the US dollar reached over 300 against the country's rupee, LKR, for the first time, as the island nation is facing a severe economic crisis with the shortage of foreign exchange. ....
India Backs Sri Lanka For Much-needed IMF Bailout Package
India has once again backed Sri Lanka, which is grappling with its worst ever economic crisis, by affirming full support to expedite International Monitory Fund's Extended Fund Facility (EFF).....
China Has Assured Help To Solve Urgent Economic Crisis: Sri Lankan PM Rajapaksa
Facing mounting demands to step down by protestors for three weeks continuously, Sri Lankan Prime Minister Mahinda Rajapaksa has said China has assured help to solve the urgent economic crisis in the country.....
Sri Lanka Halts Stock Trading As Share Prices Plummet
Stock trading in Sri Lanka was halted again on Monday after the index of liquid stocks plummeted, with the All Share Price Index falling 9.6 per cent and the S&P SL20 plunging 12.64 per cent. ....
Sri Lanka Foreign Reserves Dip Below $50 Million, Minister Waves Red Flag
Sri Lanka finance minister Ali Sabry on Wednesday waved a metaphorical red flag in parliament as the troubled nation's usable foreign exchange reserves dropped below $50 million, increasing worry over its ability to provide food, fuel and other essential goods for citizens, and repay massive foreign debts.....
'Tourists Who Want Exciting Time': Video Of Sri Lanka PM Joking Goes Viral
In an interview with Sky News, Sri Lanka Prime Minister Ranil Wickremesinghe said tourists who are looking for an exciting time can visit Sri Lanka as there are several options now in the strife-torn island country.....
Series Win Over Bangladesh A Positive For Sri Lanka In Tough Times: Dickwella
Sri Lanka Niroshan Dickwella on Friday said the 1-0 Test series victory against Bangladesh is a positive for the country and its citizens, who have been facing immense hardships back home due to political and economic crises, with visuals of power cuts and long fuel lines making headlines globally. ....
Adani Group Gets Provisional Approvals For Two Renewable Energy Projects In Sri Lanka
Adani Green Energy was issued provisional approvals for two wind power projects in northern province for an investment of over $ 500 million, Sri Lanka's Energy Minister Kanchana Wijesekara has announced.....
