Search For "sri lanka economic"
Sri Lanka: Army cautions people against 'troops about to cause violence' s
Updated : 4 years, 1 month 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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Drug dealers, fundamentalist groups taking advantage of economic crisis,
Updated : 4 years, 1 month 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 : 4 years, 1 month 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 : 4 years, 1 month 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 introduces fuel rationing in view of economic crisis
Updated : 4 years, 1 month ago IST
Colomba [Sri Lanka], April 15 (ANI): In midst of the ongoing economic crisis in Sri Lanka which has led to a shortage of essential commodities, the country has introduced fuel rationing for most categories of non-commercial vehicles starting Friday, local media reported.
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China avoids bailing out Sri Lanka, Pakistan as their debt deepens: Report
Updated : 4 years, 1 month ago IST
Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and Pakistan, which are facing severe economic and foreign debt crises even as the Asian giant was earlier keen on providing loans for various infrastructure projects in these countri
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Situation of hosting Asia Cup in SL will be assessed on final day of IPL,
Updated : 4 years, 1 month ago IST
New Delhi [India], April 15 (ANI): Jay Shah, president of the Asian Cricket Council and the secretary of the Board of Control for Cricket in India (BCCI), on Friday said the situation of hosting the Asia Cup 2022 in Sri Lanka, will be assessed on the day of the final of the ongoing Indian
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Massive protest erupts in heart of Colombo amid economic crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 14 (ANI): A massive protest erupted in the Galle Face Green area in the capital city of Colombo as the Island nation is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts.
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Sri Lanka's opposition leader Sajith signs impeachment and no-confidence m
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 13 (ANI): The leader of the Opposition, Sajith Premadasa, on Wednesday signed the impeachment motion against President Gotabaya Rajapaksa and the no-confidence motion against the government.
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Foreign debt payments default will put pressure on banking sector: Sri Lan
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 13 (ANI): Reacting to the Sri Lanka government's temporary suspension of payment of all foreign debts, former Prime Minister Ranil Wickremesinghe said that this will place further pressure on the banking sector in the country.
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Probability of Asia Cup 2022 being held in Sri Lanka depends on how other
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 13 (ANI): Amid the ongoing economic crisis in Sri Lanka, former cricketer Arjuna Ranatunga feels that the hosting of Asia Cup 2022, in the country will depend on the nod of other nations.
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India rushes to help Sri Lanka while China presses for FTA hurting Colombo
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 12 (ANI): Even as India has rushed to help its neighbour Sri Lanka, which is facing a severe economic crisis, China has in turn been pressing the Island nation for a Free Trade Agreement that would hurt Colombo's finances.
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