Sri Lanka is facing the worst economic crisis accentuated by the debt it owes to China. China is Sri Lanka’s biggest bilateral lender. China is accused of many white elephant projects in
The High Commission of India in Colombo noted that the Meditation Centre will add to the facilities at the Temple and help in attracting more tourists….reports Asian Lite News Sri Lankan Prime
Wickremesinghe highlighted the importance of probing the development in India to find the connectivity that is going to take place between India and Sri Lanka…writes Susitha Fernando Sri Lanka President Ranil Wickermesinghe
Traditional new year celebrations were held across the country this year, far more than what was seen in 2022…..reports Asian Lite News Sri Lankan President Ranil Wickremesinghe has called for a fresh
Wickremesinghe on Saturday said that legal proceedings related to the Easter Sunday attacks are being processed independently and impartially…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe has assured justice for the
Around $530 million has been received in the first three months of 2023 Amid the ongoing economic crisis, Sri Lanka has witnessed an increase from tourism earnings with around $530 million being
Sri Lanka had started negotiations with the international lender in 2022 after it was hit by the severe economic crisis….reports Asian Lite News Central Bank of Sri Lanka’s Governor, Nandalal Weerasinghe said
The crisis-hit economy contracted by 7.8 per cent in 2022 and is forecast to contract by 3 per cent in 2023 as it continues to grapple with the challenge of debt restructuring…reports
The High Commissioner stressed the importance of economic integration between Sri Lanka and India…reports Asian Lite News Sri Lanka’s High Commissioner to India Milinda Moragoda on Wednesday addressed the Economic Advisory Council
Migrant workers’ remittance is one of the main sources of foreign exchange for the South Asian country….reports Asian Lite News Sri Lanka is set to increase duty-free allowances for migrant workers at