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The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
COLOMBO (Reuters) -Sri Lanka is asking international bond holders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated notes as it seeks to ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
Website. nation .lk. The Nation is a weekly English-language newspaper in Sri Lanka. It is published on every Sunday, by Rivira Media Corporation (Pvt) Ltd. A sister newspaper of Rivira, The Nation was established in 2006. It has a circulation of 132,000 per issue and an estimated readership of 662,000 by 2012.
The Sri Lanka Broadcasting Corporation (SLBC), formerly Radio Ceylon, is the oldest radio station in Asia, and was founded as Colombo Radio in 1925. Edward Harper who was then the Chief Engineer at the Telegraph Department in 1921, was the first person who initiated experimental broadcasts in Ceylon. The first-ever broadcast on an experimental ...
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion ...
Independent Television Network. MTV Channel. Sri Lanka Rupavahini Corporation. Voice of Asia Network. Mass media of Sri Lanka consist of several different types of communications media: television, radio, newspapers, magazines, and Web sites. State and private media operators provide services in the main languages Sinhala, Tamil and English.
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [25] and $296.959 billion by purchasing power parity (PPP). [26] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.