Sri Lanka – Page 13 – Asian News from UK

Lanka’s Economic Outlook Improving, Says World Bank

Following an 81% depreciation against the US Dollar in 2022, the Sri Lankan Rupee (LKR) has appreciated by 11% from January to August 2023…reports Asian Lite News Sri Lanka’s economy is displaying

October 4, 2023

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Sri Lanka Approves New Court For Swift Resolution of Disputes

Gunawardena said that to address this concern and foster a more conducive investment environment for the country’s development goals, the establishment of a commercial high court has been deemed essential….reports Asian Lite

October 4, 2023

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China Blocks IMF Deal as Sri Lanka Tilts Westward

If China opts out of the deals to provide support to Sri Lanka in managing its external loans, it could cast a shadow over its IMF bailout plans as China holds 42

October 4, 2023

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RCEP, India FTAs, And Beyond; Lanka Lays Down Big Plans

While stressing the significance of international trade agreements, President Wickremesinghe also underscored the need for Sri Lanka to become a centre for alternate dispute resolution….reports Asian Lite News Sri Lankan President Ranil

September 27, 2023

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Sri Lanka Backs India on Canada’s Allegations

Ties between India and Canada have been strained after Justin Trudeau on September 18 alleged India’s involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada…reports Asian

September 26, 2023

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Sri Lanka Mulls Tax Incentives in 2024 Budget to Woo Investors

Despite the economic crisis, the Board of Investment has been able to attract foreign direct investments of $1.75 billion exceeding the targeted amount of $1 billion for 2022…reports Asian Lite News The

September 26, 2023

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India Completes Projects Worth Over $1B for Sri Lankan Railway

The project is being executed under an Indian LoC of $318 million at a cost of $14.90 million…reports Asian Lite News As the only creditor to continue to help Sri Lanka’s crippled

September 22, 2023

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Lanka Thanks India for Continued Support During Economic Crisis

The project is being executed under an Indian LoC of $318 million at a cost of $14.90 million, the Indian High Commission in Colombo announced…reports Asian Lite News As the only creditor

September 22, 2023

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Lanka Calls for Attention to Climate Change, Debt Relief, and Sustainable Development

He asserted that global power conflicts are adding economic uncertainty, disrupting supply chains and causing inflation, food, and energy insecurity worldwide…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe said on Thursday

September 22, 2023

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Mamata Meets Sri Lankan President in Dubai

On Tuesday, West Bengal CM Mamata Banerjee departed for Madrid, Spain to participate in a three-day business summit…reports Asian Lite News West Bengal Chief Minister Mamata Banerjee met Sri Lankan President Ranil

September 14, 2023

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Sri Lanka - Page 13