Sri Lanka – Page 39 – Asian News from UK

One dead, 12 injured in protests in Lanka

The police first used tear gas to disperse the crowd and later opened fire, killing one and injuring 12 others….reports Asian Lite News One person was killed while 12 others were injured

April 19, 2022

-Top News·Asia News·Sri Lanka

The fall of Lanka: A lesson for debt-trapped nations

Countries in the African continent cumulatively owe China a debt of $145 billion, while a sizeable payment of $8 billion needs to be made in the present year…reports Asian Lite News Last

April 19, 2022

-Top News·Economy·Sri Lanka

New Cabinet in Lanka

President Gotabaya and Prime Minister Mahinda will continue, while some new faces will be taken in as Cabinet ministers, reports Ashoke Raj Amid the ongoing anti-government protests in Sri Lanka following the

April 18, 2022

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India boots China out of 3 Lankan energy projects

The projects, initially awarded to China were cancelled and an MoU was signed with India when New Delhi said their security would be under threat if those projects were handled by China,

April 18, 2022

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Lanka seeks IMF bailout

Sri Lanka has been undergoing a serious economic crisis and foreign reserves stand below $2 billion…reports Asian Lite News The Sri Lankan government has sent a delegation to the International Monetary Fund

April 17, 2022

-Top News·Economy·Sri Lanka

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

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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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Sri Lanka - Page 39