Search For "restructuring"
IMF bailout discussion on Sri Lanka debt restructuring still on lower pede
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
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United States asks China to cooperate with Sri Lanka's debt structuring
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.
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SpiceJet appoints Ashish Kumar as Chief Financial Officer
Updated : 3 years, 6 months ago IST
Gurugram (Haryana) [India], September 9 (ANI): SpiceJet has appointed Ashish Kumar as the Chief Financial Officer with effect from September 9, 2022.
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China may disagree with Western creditors on Sri Lanka's debt restructurin
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 5 (ANI): China, Colombo's largest bilateral lender may disagree with Western creditors on Sri Lanka's debt restructuring.
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Sri Lankan President presents Interim Budget, says talks with IMF in final
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 30 (ANI): To provide relief to the Island nation amid the unprecedented economic crisis, Sri Lankan President Ranil Wickremesinghe on Tuesday presented the Interim Budget and said that the talks with International Monetary Fund is in final stage.
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China ducks Lanka's debt restructuring requests, makes sneaky UNHRC exit
Updated : 3 years, 6 months ago IST
Beijing [China], August 28 (ANI): While Sri Lanka awaits a response from China over Colombo's request for debt restructuring amid the economic turmoil, Beijing has downplayed these critical requests and instead put ahead the agenda of human rights in the island nation. This comes ahead of
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China dodges request on debt relief, says the ball is in Sri Lanka's court
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 27 (ANI): China, Colombo's largest bilateral lender dodged the request for debt relief and said that the ball is in Sri Lanka's court.
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China maintains deafening silence over Sri Lanka's debt restructuring requ
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 27 (ANI): Even as Sri Lankan President Ranil Wickremesinghe has requested China to restructure its debt amid a severe economic crisis and shrinking foreign reserves, Beijing has chosen to maintain a deafening silence which reveals how disinterested the country is
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Sri Lankan PM Wickremesinghe requests China for debt restructuring amid ec
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 25 (ANI): Amid economic turmoil, Sri Lankan President Ranil Wickremesinghe urged China on Thursday to restructure its debt as Beijing is Colombo's largest bilateral lender.
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Sri Lanka must avoid China's debt restructuring as Beijing is to seek pref
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 16 (ANI): China will seek preferential treatment on debt restructuring in Sri Lanka which will mostly cater to Beijing's own self-interests and amid this Colombo must avoid these kinds of debt distress efforts at all costs, media reports said.
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China Evergrande falls short of promised restructuring plan: Report
Updated : 3 years, 7 months ago IST
Beijing [China], July 31 (ANI): China Evergrande Group, one of the largest property developers in the country by sales has said that it will unveil the restructuring plan within 2022, amid the constantly drowning economy due to the COVID-19 pandemic.
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Sri Lanka, China free trade agreement negotiations at a standstill
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 19 (ANI): A senior government spokesperson of Sri Lanka said that there has been no positive response from China for the proposed debt restructuring programme despite taking steps to hasten the free trade agreement (FTA).
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