Search For "sri lankan"
China's 'strategic-trap diplomacy' set off Sri Lankan economic crisis: Rep
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): While economists largely concur that China's debt-trap diplomacy set off Sri Lankan economic crisis, geopolitical analysts believe that the island nation fell victim to a far more dangerous form of foreign policy, that is a 'strategic-trap diplomacy', sai
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Sri Lankan PM rejects calls for resignation; says 'I will go if I lose Par
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid nationwide protests and growing calls for his resignation, Sri Lanka Prime Minister Mahinda Rajapaksa has said that he will step down if he loses the majority in the Parliament.
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Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa on Tuesday said he will not step down from his post.
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Sri Lanka halts stock trading for 2nd consecutive day amid falling share p
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): Sri Lankan stocks plummeted shortly after opening for trading on Tuesday, leading the stock market to close early for the second day in a row.
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Sri Lankan crisis 'man-made problem, warning signs ignored'
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): The ongoing crisis in Sri Lanka, which is the worst in the country's history, is a man-made problem while warning signs visible for a year were ignored, said Professor Mick Moore, a highly acclaimed political economist and professorial fellow at the Insti
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Sri Lankan President says he's willing to form interim government to resol
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 25 (ANI): Sri Lankan President Gotabaya Rajapaksa on Monday said that he is willing to take immediate steps to form an interim government to curb and resolve the ongoing economic crisis in the country.
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Sri Lanka stock market halts trading as share prices plummet
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 25 (ANI): Sri Lanka stock market on Monday halted trading again after the index of liquid stocks plummeted, with the All Share Price Index falling 9.6 per cent and the Standard & Poor's Sri Lanka 20 (S&P SL20) plunging 12.64 per cent, according to a media r
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Sri Lankans to face severe power cuts due to lack of sufficient fuel, wate
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 25 (ANI): The Ceylon Electricity Board (CEB), the largest electricity company in Sri Lanka, on Sunday announced that there will be a 4 hour and 30-minute power cut for three days due to the lack of sufficient fuel and water to generate electricity.
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Following Sri Lankan economy collapse, worries mount in Pakistan over Chin
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 24 (ANI): Drawing warning lessons from the collapsing Chinese-dominated economies of Sri Lanka and Nepal, the Shehbaz Sharif government has decided to scrap the China-Pakistan Economic Corridor Authority (CPECA) to arrest Pakistan's own slide towards a similar fat
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IMF says it held 'fruitful' talks with Sri Lanka on loan request
Updated : 3 years, 11 months ago IST
Washington [US], April 24 (ANI): The International Monetary Fund (IMF) on Saturday said that it held "fruitful technical discussions" with Sri Lankan authorities on the island nation's request for an IMF-supported loan program this week.
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If interim govt formed, should be under my leadership: Sri Lankan PM
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 23 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa asserted that if an interim government is formed in the country then it should be under his leadership.
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China gets flak for pushing Sri Lankan economy into 'debt-trap'
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 22 (ANI): As Sri Lanka faces one of the worst economic crises, China has been widely criticized for pushing the Sri Lankan economy into its 'debt trap' and for predatory behaviour such as leasing out the port of Hambantota for 99 years.
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