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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

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US 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

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Sri 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

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Sri 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

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China 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

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Ferry 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

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Despite 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

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We 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"

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In 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

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Infrastructure, 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

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During 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

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Lankan 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

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Sri 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

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Sri 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

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India 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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