Sri Lanka – Page 39 – Asian News from UK

The long road to Lanka’s $52 billion debt default

Currently the nation is supposed to have about $500 million in foreign exchange reserves, which is pennies for a country, a report by Rahul Kumar Sri Lanka began its Sinhala and Tamil

April 17, 2022

-Top News·Asia News·Sri Lanka

Stock exchange to stop trading for 5 days

The statement also said that the SEC has “evaluated the impact the present situation in the country could have on the stock market, in particular the ability to conduct an orderly and

April 17, 2022

-Top News·Economy·Sri Lanka

‘Tyranny, nepotism’: Galle Face protesters slam Rajapaksa rule

Furious protesters have been demanding change in the political system and held Rajapaksas responsible for the present state of the economy as well as demanding that “the president and Prime Minister should

April 16, 2022

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Lanka to soothe public anger

Prime Minister Mahinda Rajapaksa said on Wednesday that the government is willing to talk with the young protesters…reports Asian Lite News The Sri Lankan government has announced that it is ready to

April 13, 2022

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Lanka halts foreign debt payments

Lankan Ministry added that debt repayments would be restructured in a manner consistent with an economic adjustment program supported by the IMF…reports Asian Lite News Sri Lanka’s Finance Ministry on Tuesday said

April 12, 2022

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Lankan Opposition steps up action

Premadasa is spearheading a campaign against the 20th amendment of the constitution that took powers away from the parliament and vested them in the President….reports Rahul Kumar After intense debates in the

April 12, 2022

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Lanka in Dragon’s Trap

China’s investment of an estimated $1.4 billion in Sri Lanka’s Colombo Port City project is the largest single foreign investment in the island nation’s history. …reports SUMIT KUMAR SINGH China’s One Belt

April 11, 2022

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Chris Silverwood appointed Head Coach of Sri Lanka

Silverwood represented England in six Tests and seven ODIs and played county cricket for Yorkshire and Middlesex…reports Asian Lite News Former England men’s Head Coach, and player Chris Silverwood has been appointed

April 10, 2022

Sports·Sri Lanka

At the hour of crisis, India emerges true friend of Lanka

To help the island country, New Delhi has adopted a two-pronged strategy; extending to Sri Lanka lines of credit to tide over the immediate forex crisis and strengthening its economy through non-official

April 8, 2022

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Resignation spree continues in Lanka

Lanka’s newly appointed finance minister Sabry also told local media that his resignation was to pave the way for establishing an interim government…reports Asian Lite News Sri Lanka’s newly-appointed Finance Minister Ali

April 5, 2022

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Sri Lanka - Page 39