Lanka - Asian News from UK

Australia supports Sri Lanka with $50 million development assistance

The island nation’s worst economic crisis in seven decades led to a shortage of foreign exchange that stalled imports of essential items such as fuel and medicine and fertiliser….reports Asian Lite News

June 22, 2022

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Lanka PM asks China to restructure debts

Facing crisis with no dollars to import food, fuel, medicine and cooking gas, Sri Lanka had in April suspended its debt payment of around $7 billion for 2022….writes SUSITHA FERNANDO Sri Lanka

June 21, 2022

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Lanka pins hopes on Russian crude oil

Wijesekera said that they are trying to obtain Russian crude oil on credit to keep the country’s only oil refinery running…reports Asian Lite News Sri Lanka’s Minister of Power and Energy Kanchana

June 19, 2022

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Lankan PM vows to mitigate food crisis in country

Wickremesinghe directed the officials to prioritise the fishing community in terms of providing them with food, gas, and fuel….reports Asian Lite News Amidst the unprecedented economic turmoil in the country, Sri Lankan

June 19, 2022

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Jaishankar: Unanimous support on need to stand with Lanka

Members of the Parliament including from Tamil Nadu are expected to ask the government about the impact that will have on the subcontinent….reports Asian Lite News External Affairs Minister S Jaishankar on

June 19, 2022

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Lanka cuts workweek, tells workers to grow food

Local experts warned of a possible shortage of rice and other essential food items from September this year because of lower production….reports Asian Lite News Sri Lanka’s cabinet of ministers has approved

June 15, 2022

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Lanka electricity chief quits over controversial remarks on Modi

Ferdinando had stated that President Rajapaksa had told him that Indian Premier Modi had pressured him to award a wind power project to India’s Adani Group….reports SUSITHA FERNANDO The Chairman of Sri

June 14, 2022

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China makes currency swap with Lanka worth $1.5 bn

As per conditions put forward by China, to which Sri Lanka had agreed, the latter cannot use the funds, but rather only add numbers to its foreign reserves…reports Asian Lite News Sri

June 10, 2022

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UN launches $47.2M SOS for Sri Lanka

The international community acting “right now will help prevent a much larger humanitarian crisis later in the year,” the UN Coordinator added….reports Arul Louis Warning that the crisis in Sri Lanka will

June 10, 2022

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Lankan PM discusses economic situation with IMF chief

The prime minister’s office said the IMF managing director pledged support to Sri Lanka during the difficult times…reports Asian Lite News Sri Lankan Prime Minister Ranil Wickremesinghe discussed with Managing Director of

June 9, 2022

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