Search For "economic crisis"
Sri Lanka seeks bridging finance from India till IMF bailout
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable sources that Colombo has asked New Delhi to provide bridging finance for the crisis-ridden country till the Internatio
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China's 'debt-trap diplomacy' behind Sri Lanka crisis: Report
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): While Sri Lanka faces its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts, many believe that China's "debt-trap diplomacy" is behind the crisis, said a media report.
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Sri Lanka: University teachers' association to launch strike on Tuesday in
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): Sri Lanka's Federation of University Teachers' Association (FUTA) has decided to go on a one-day strike on Tuesday in support of the ongoing Galle Face protest which demanded the resignation of the President and the government, local media reported.
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Sri Lanka: Army cautions people against 'troops about to cause violence' s
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): The Sri Lankan Army has issued a statement urging the people to not be duped by malicious and misleading media reports that the troops are about to "cause violence in the ongoing protest", local media reported.
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Sri Lanka: Opposition party SJB may join protest at Galle Face
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): Sri Lanka's Opposition party, Samagi Jana Balawegaya (SJB) five MPs (Members of Parliament) will join the hundreds of protesters at Galle Face, the ongoing protests which erupted in the city of Colombo a few days back, if the need arises.
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Drug dealers, fundamentalist groups taking advantage of economic crisis,
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): Amid protests in Sri Lanka over the country's worst economic crisis, an advisor to the Sri Lankan President Gotabaya Rajapaksa on Saturday said the government has tried to control drug dealers "who have a lot of money" and that they are "very angry". Read More
Biggest contributor to Sri Lanka's economic crisis is 'mismanagement': Bud
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): The President of the Asian Buddhist Conference for Peace (ABCP) - Sri Lanka National Centre, Dr Maitipe Wimalasara Maha Thera on Saturday blamed the "mismanagement" of economic policies by the country's leadership for the present turmoil.
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Sri Lanka stock exchange to stop trading for 5 days from April 18
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): In midst of one of the country's worst economic crises, Sri Lanka's Colombo Stock Exchange (CSE), on Saturday has been directed to temporarily close the stock market for five days starting April 18.
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Sri Lanka: Opposition party SJB to hold meet on Sunday to discuss no-confi
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): Sri Lanka's Opposition party Samagi Jana Balawegaya will hold a meeting on Sunday to decide their next move regarding the no-confidence motion against the ruling government and impeachment motion against President Gotabaya Rajapaksa, local media reported.
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Sri Lanka's Litro Gas Company Chairman Theshara Jayasinghe resigns
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): As Sri Lanka faces the gas crisis, the chairman of Litro Gas Company, Theshara Jayasinghe has stepped down from his post.
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Sri Lankan Police sergeant arrested for joining Galle Face protest, releas
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): A Sri Lankan Police sergeant, who was arrested for joining the protest at the Galle Face Green area in uniform and making a statement to the media, has been released on bail after he was produced in court on Friday.
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Sri Lanka: Protesters call Rajapaksa Govt tyrant, full of nepotism as Gall
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 16 (ANI): A massive crowd continues to remain gathered at Galle Face, the main beachfront in the capital Colombo, outside Sri Lankan President's secretariat to protest against Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa amid the economic cr
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