Browsing: Lankas
On April 16, the Sri Lankan government announced that the country’s debt restructuring process with private bondholders had hit a…
The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of…
AdvertisementThe challenges of mounting debt and climate change have emerged as two of the most pressing issues for developing countries,…
The Pulse | Economy | South Asia In addition to long-time player India, China’s Sinopec has also acquired rights to operate in the island’s…
WASHINGTON, April 14 (Reuters) – A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to…
AdvertisementSri Lanka’s debt default – announced in April of last year amid foreign currency shortages that had triggered rolling blackouts,…
AdvertisementEfforts to restore Sri Lanka’s shattered economy and instill some confidence in government is proving just as difficult as many were…
AdvertisementIndia’s Minister for External Affairs S. Jaishankar’s visit to Sri Lanka on January 19-20 was significant. It marked an important…
CommercialSri Lanka’s president stated Tuesday that his bankrupt nation’s talks with the Worldwide Financial Fund for a rescue package deal…
CommercialAs Sri Lanka embarks on debt restructuring negotiations with key lenders in parallel to discussions with the Worldwide Financial Fund…