Sri Lanka needs bilateral creditor assurances to unlock $2.9bn bailout, IMF says COLOMBO: Sri Lanka’s bailout package can be presented to the International Monetary Fund’s board for approval as... Published 10 Feb, 2023 09:41am
World Sri Lanka flags return to growth, protesters demand tax cuts COLOMBO: Sri Lanka’s economy is expected to grow again from the end of this year and the government hopes the... Published 08 Feb, 2023 05:00pm
World Sri Lanka freezes recruitment in fresh austerity drive COLOMBO: Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher... Published 03 Jan, 2023 03:25am
World Sri Lanka expects up to $8bn more in loans, asset restructuring COLOMBO: Sri Lanka is expecting as much as $5 billion in loans next year from multilateral agencies besides an IMF... Published 19 Dec, 2022 07:10am
World Sri Lanka expects up to $8bn more in loans, asset restructuring COLOMBO: Sri Lanka is expecting loans of up to $5 billion next year from multilateral agencies besides a deal with... Updated 14 Dec, 2022 06:14pm
World Sri Lanka postpones debt restructuring talks, hopes for IMF deal in Dec COLOMBO: Sri Lanka has postponed a round of debt restructuring talks initially expected to be held on Thursday to... Published 17 Nov, 2022 05:54pm
Business & Finance Sri Lanka looks to revive free trade deal with Singapore COLOMBO: Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil... Published 27 Sep, 2022 12:16pm
World Sri Lanka aims to have $2.9bn IMF loan finalised in December LONDON: Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end,... Published 23 Sep, 2022 07:40pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points