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(Reuters) - Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.
Abeywardena is the fifth speaker in Sri Lanka's history to face a no-confidence motion. April. 21 April – 2024 Fox Hill Supercross race crash: Seven people are killed and 18 others are injured after a racecar plows into spectators at a racing event organised by the Sri Lanka Military Academy in Diyatalawa. May
ITN recently launched a website ITN News, which is an online portal for the distribution of local news internationally. ITN channel is also the first 1080p full HD television channel in Sri Lanka. The ITN Ltd has invested Rs. 200 Mn on the construction of the country's first HD studio complex and started high resolution broadcasting since 30 ...
The news that Uganda was going to be blacklisted due to money laundering went viral in Sri Lanka among protesters and social media users, who speculated that Rajapaksa family members and influential politicians in the government could have possibly transferred ill-gotten wealth to Uganda on cargo flights via the Sri Lankan Airlines flight.
April 25, 2024 at 12:02 AM. The UN says more than 40,000 have been forced from their homes [EPA] Roads have turned into rivers in the Kenyan capital Nairobi, as a top official said flooding had ...
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]
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 ...
COLOMBO (Reuters) -Sri Lanka on Saturday invited Japan to resume investment in projects including power, roads and ports as the Japanese foreign minister wrapped up the first high-level visit to ...