Lanka – Page 11 – Asian News from UK

India, Lanka sign pact to procure $1b credit facility

Recently, Sri Lanka’s High Commissioner to India Milinda Moragoda had an interactive session with the New Delhi-based Trade Commissioners/ Commercial Diplomats…reports Asian Lite News Reaffirming its commitment to the people of Sri

June 2, 2023

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Lanka cuts key rates

The Board arrived at this decision with a view to easing monetary conditions in line with the faster-than-expected slowing of inflation…reports Asian Lite News The Monetary Board of the Central Bank of

June 1, 2023

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Lanka keen to solve ethnic crisis with Tamils

The cabinet nod has been received following a preliminary review done on South Africa’s Truth and Reconciliation Commission and how the country confronted its own apartheid-era crimes…writes Susitha Fernando The Sri Lankan

May 31, 2023

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Sri Lankan rupee appreciates against USD

The LKR depreciated dramatically from 202 per dollar in March 2022 to around 360 after the government allowed it to float…reports Asian Lite News The Central Bank of Sri Lanka said the

May 30, 2023

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17% of Lankans still face food insecurity

The report estimates 3.9 million people or 17 per cent of the population is in moderate acute food insecurity, which is nearly a 40 per cent decrease from June/July last year….writes Susitha

May 30, 2023

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Crisis-hit Lanka gets $350 mn loan from ADB

The bank said that the program is part of a broader package of financial assistance anchored by the IMF’s Extended Fund Facility for the country…reports Asian Lite News The Asian Development Bank

May 29, 2023

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Lanka to ensure religious harmony

The minister added the new legislation is necessary due to various issues associated with the management of religious institutions…reports Asian Lite News Sri Lanka’s Ministry of Buddhasasana, Religious, and Cultural Affairs is

May 28, 2023

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Lanka rules out any security arrangements with China

Wickremsinghe emphasised that Asian countries do not wish to be forced to manage competing pressure from both China and US…writes Susitha Fernando Welcoming Japan’s cooperative approach to have peace in the Asian

May 26, 2023

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Fear of flood looms over Lanka

A considerable flood possibility is likely to occur in low-lying areas of the Gin Ganga valley…reports Asian Lite News Sri Lanka’s Irrigation Department has warned of possible floods in some areas in

May 15, 2023

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Lanka to seek $200mn from World Bank for social security programs

Gunawardena said that Sri Lanka has agreed to implement a robust social security network to protect the most vulnerable groups in the country…reports Asian Lite News Sri Lanka’s cabinet of ministers approved

May 9, 2023

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Lanka - Page 11