Sri Lanka to Begin Debt Restructuring Plan
On Friday, Sri Lankan authorities are going to hold talks with international creditors to begin the process of restructuring billions of dollars of its debt...
Tag : Sri Lanka
Indian Oil Corporation to Expand Operations in Sri Lanka
The Indian Oil Corporation (IOC) will likely expand its operations in Sri Lanka by opening 50 fuelling stations. As the island nation is going through...
Page Ind Hits Record High on Strong Growth Outlook; Stock Up 17% in July
Shares of Page Industries hit an all-time high of Rs 47,001 in intraday trade on Wednesday after the BSE rose nearly 2%t. Shares of the...
Sri Lanka to Get New President Next Week
On July 20, Sri Lanka‘s Parliament will elect a new president; a spokesman said on Monday after protesters stormed the residences of the current President...
Sri Lanka Stops Fuel Supply to Non-Essential Services as Crisis Worsens
A minister said Sri Lanka would close schools and allow only fuel supplies to services deemed essential, such as medical care, trains and buses, for...
Crisis-Hit Sri Lanka Shuts Schools, Urges Work from Home to Save Fuel
On Monday, the Sri Lankan army handed out tokens to people queuing to refuel as the country faces its worst economic crisis in seven years...
US Announces Additional $5.75 Million to Tackle Sri Lanka’s Economic Crisis
On Tuesday, the US announced more than $5 million in additional funding to cash-strapped Sri Lanka to address the island nation’s worst-hit emergency needs. The...
Sri Lanka Gets $55 Million Credit Line from India for Fertilisers
Sri Lanka’s cabinet has approved a $55 million credit line from India’s Exim Bank to buy fertilisers in the crisis-ravaged Indian Ocean country, a cabinet...
Sri Lanka Wants More Than $1 Billion in Foreign Investment in 2022
Sri Lanka aims to attract more than $1 billion in Foreign Direct Investment (FDI) this year. The country is facing its worst financial crisis since...
India Sends Another 40K MT of Diesel Consignment to Sri Lanka
India said on Tuesday it had shipped another 40,000 metric tons of diesel to Sri Lanka to help ease a severe fuel shortage in the...