Colombo [Sri Lanka], March 24 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa has expressed gratitude to Prime Minister Narendra Modi for providing economic development assistance and credit facilities to his country, reported local media.
Colombo [Sri Lanka], March 23 (ANI): China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report.
Colombo [Sri Lanka], March 22 (ANI): Sri Lanka is battling one of its worst economic crises in over seven decades, as successive governments in the island nation have ignored sovereign bonds to Sri Lanka, with China being a major lender.
Colombo [Sri Lanka], March 21 (ANI): Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month.
Colombo [Sri Lanka], March 19 (ANI): The Asia Cup will be held in Sri Lanka from August 27 to September 11 in the T20 format and the qualifiers will start from August 20.
Mumbai (Maharashtra) [India], March 19 (ANI): BCCI's Honorary Secretary Jay Shah's term as President of the Asian Cricket Council (ACC) was unanimously extended by a year at its Annual General Meeting (AGM) in Colombo on Saturday.
Colombo [Sri Lanka], March 18 (ANI): Thirty-two school children were injured after a bus crashed into a tree in Sri Lanka's Walasmulla on Friday, media reported citing police.
Colombo [Sri Lanka], March 18 (ANI): The Sri Lankan government failed to clear USD 42 million worth two consignments of jet fuel and diesel which is presently docked at the Colombo port and due to the delay in clearance, the foreign company is now claiming a fee for demurrage, the Daily Mirr
Colombo [Sri Lanka], March 17 (ANI): Sri Lanka's Finance Minister Basil Rajapaksha is expected to meet his Indian counterpart Nirmala Sitharaman this week to discuss USD 1 billion loan that the Indian government agreed to provide and will also share the road map on the utilisation of funds.
Colombo [Sri Lanka], March 16 (ANI): Sri Lanka is facing the double whammy of high debt and rising prices, sparking protests from citizens due to widespread shortages of food and fuel.
Colombo [Sri Lanka], March 13 (ANI): An all-party conference in Sri Lanka will be held later this month to discuss the current economic situation in the country, media reports said on Sunday.
Colombo [Sri Lanka], March 13 (ANI): Sri Lanka is set to begin talks with the International Monetary Fund (IMF) in mid-April on a plan for aid for the crisis-ridden country, media reports said on Sunday.