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Latest Articles in sri lanka
India, Mauritius, Sri Lanka Participate In 6th NSA-level Meeting Of Colombo Security Conclave
NSA Doval arrived in Mauritius on Wednesday to participate in the 6th NSA-level meeting of the Colombo Security Conclave
Read MoreUS Commits $553 Mn Adani Group to Enhance Colombo Port's West Container Terminal
As per media reports, the Adani group, along with partners from Sri Lanka, will use the money for a 20-year project to expand and improve the WCT. The total cost is USD 1.2 billion, and it will happen in two phases
Read MoreSri Lanka & Argentina Are Most Vulnerable Economies, Study Says
The resilience indicator, published by the Washington-brd Center for Global Development, assesses which countries would be most economically and financially affected if an external shock were to materialise
Read MoreSri Lanka Approves Free Tourist Visa For Indians And Six Other Countries
Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till 31 March 2024, under a pilot programme, the statement detailing cabinet decisions said
Read MoreChina Offers To Help Sri Lanka, Ready To Import More From Island Nation
Lankan President Wickremesinghe was in the Chinese capital for the Belt and Road Forum that ended on Wednesday as well as talks on restructuring debt
Read MoreFerry Service From Tamil Nadu To Sri Lanka To Start From Tomorrow
The trial run for the ferry was completed on October 8 during which the officials examined and ensured the comfort and safety of the passengers travelling by sea. Regular service on the 111-km stretch will be covered in three hours
Read MoreDespite Signs Of Stabilisation, Full Recovery Not Assured: IMF On Sri Lanka
The IMF team also met with Parliamentarians, representatives from the private sector, civil society organisations and development partners
Read MoreWe Need To Sit And Talk...: Sri Lankan FM Ali Sabry On Fishermen Issue With India
In an exclusive interview with ANI, Sabry noted that the two nations have a history of sitting, negotiating and resolving problems, "just like in a family"
Read MoreIn Big Boost To Bilateral Ties, UPI-based Payments To Be Accepted In Sri Lanka
So far, France, UAE, and Singapore had partnered with India on emerging fintech and payment solutions
Read MoreInfrastructure, Energy & Debt Are On Table As Sri Lanka’s President Visits India
India provided about USD 4 billion in rapid assistance between January and July 2022, including credit lines, a currency-swap arrangement and deferred import payments, and sent a warship carrying essential drugs for the island's 22 million people
Read MoreDuring Presidential Visit, Sri Lanka To Focus On Energy, Port Developments With India
India's support was critical for Sri Lanka last year after it almost ran out of dollars and sank into a financial crisis that left it struggling to fund essential imports including fuel and medicine
Read MoreLankan Parliament Approves Plan To Restructure Nation’s Internal Debt
Sri Lanka tumbled into its worst financial crisis in more than seven decades last year after the country's dollar reserves shrank to record lows, triggering mass protests, a foreign debt default and the resignation of its former president
Read MoreSri Lanka Seeks For 30% Haircut From Dollar Debt Holders
Sri Lanka is struggling with its worst financial crisis since its independence from Britain in 1948 after the country's foreign exchange reserves hit record lows and triggered its first foreign debt default last year
Read MoreSri Lanka, Iran To Start Tea-oil Barter Trade Next Month
The barter was agreed upon in 2021 for oil imported in 2012, but the exchange was delayed after Sri Lanka's unprecedented dollar shortage last year plunged the economy into its worst financial crisis in more than seven decades
Read MoreIndia Provides $1 Bn Credit Line To Sri Lanka For A Year
The credit line, part of about USD 4 billion in emergency assistance extended by India during the peak of Sri Lanka's financial crisis early last year, was scheduled to end in March
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