Sri Lanka – Page 44 – Asian News from UK

SPECIAL 2022: Lanka falls into Chinese Debt Trap

With Sri Lankan debts to China in excess of $8 billion, the room for manoeuvre for the government of the day was already quite limited…writes Sumit Kumar Singh For some South Asian

January 3, 2022

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SRI LANKA 2022: Financial Crisis Deepens

The crisis is compounded by high government spending and tax cuts eroding state revenues, vast debt repayments to China and foreign exchange reserves at their lowest levels in a decade…reports Asian Lite

January 3, 2022

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Lankans blame Rajapaksa family for economic crisis

Many analysts have said that the current economic crisis is worse than the erstwhile LTTE problem that the nation faced. …writes Mahua Venkatesh In 2019, the year when Sri Lanka’s President Gotabaya

December 28, 2021

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Dollar crunch: Lanka hints at tough measures

The debt-trapped island nation has been in a financial crisis, especially with the Covid-19 pandemic, and many foreign imports, including vehicles and food items, have been stopped. …writes Susitha Fernando Sri Lanka

December 27, 2021

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Lanka Faces Forex Crisis

Many analysts have said that the current economic crisis is worse than the erstwhile LTTE problem that the nation faced. ..writes Mahua Venkatesh In 2019, the year when Sri Lanka’s President Gotabaya

December 27, 2021

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Gas crisis hits Sri Lanka’s tourism sector

Lanka’s inflation has already breached the double-digit mark in November pushing up food prices like never before. In November, Sri Lanka’s inflation rate was 11.1 per cent…reports Mahua Venkatesh An acute shortage

December 25, 2021

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Lankan President prays at Tirumala temple

After partaking darshan, Mahinda Rajapaksa was rendered Vedaseervachanam or ceremonial blessings by the pandits at Ranganayakula Mandapam…reports Asian Lite News. Sri Lankan Prime Minister Mahinda Rajapaksa and his wife Shiranthi Rajapaksa offered

December 24, 2021

India News·Sri Lanka

Jaffna Kings Clinch Lanka Premier League title

Kohler-Cadmore remained unbeaten on 57 off 41 balls as he helped Kings post a mammoth total of 201/3 in 20 overs, setting a target of 202 for Galle Gladiators to chase…reports Asian

December 24, 2021

Asia News·Sport·Sri Lanka

43 TN fishermen arrested, protests erupt

Upset over the reported arrests and the seizure of the boats, the fishermen associations will hold protests across the state on Monday….reports Asian Lite News The Sri Lankan Navy has arrested 43

December 19, 2021

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Another setback for crisis-ridden Lanka

The Fitch Rating also stated that Sri Lanka would find it hard despite currency swap facilities from India and China. …writes Susitha Fernando While struggling to overcome ongoing financial crisis, Fitch Rating

December 19, 2021

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Sri Lanka - Page 44