The IMF has undertaken field studies, held discussions and said it would help Sri Lanka, but that involves a process which requires time, Goonetilleke said, adding that it can be painful to the people of the country. Goonetilleke also said the World Bank had expressed its view, citing its...
Sirimal Abeyratne, an economics professor at the University of Colombo, told China Daily that Sri Lanka opened its bond market to foreign investment in 2007, and about the same time started commercial borrowings, "which have nothing to do with Chinese loans". China accounted for 10 percent of ...
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A small controlled explosion occurred in Sri Lanka's capital Colombo on Wednesday when the bomb disposal unit attempted to check a suspicious motorcycle, the police said. Security personnel stand guard outside St. Anthony's Shrine in Colombo on April 22, 2019, a day after the church was hit...
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"I think (this is) definitely one of the worst economic crises since the founding" of modern-day Sri Lanka, said Lawrence Loh, director of the Centre for Governance and Sustainability at the National University of Singapore Business School. And "there are a lot of domestic and external reason...
June 2 (Xinhua) The two major partners of Sri Lanka' s ruling freedom alliance have decided to meet once a week to sort out problems between them in a bid to strengthen ties, the official Daily News said on Tuesday. more.. Rebels, govt to work to calm violent east June 2 (Reuters)...
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