Tag: Lanka

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Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

New Delhi: With protests and strikes showing no signs of weakening, Sri Lankan President Gotabaya Rajapaksa declared a state of emergency in the Isla [...]
Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

New Delhi: With protests and strikes showing no signs of weakening, Sri Lankan President Gotabaya Rajapaksa declared a state of emergency in the Isla [...]
Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn

Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn

Sri Lanka finance minister Ali Sabry on Wednesday waved a metaphorical red flag [...]
Sri Lanka foreign reserves dip below $50 million, minister waves red flag | World News

Sri Lanka foreign reserves dip below $50 million, minister waves red flag | World News

Sri Lanka finance minister Ali Sabry on Wednesday waved a metaphorical red flag in parliament as the troubled island country's foreign exchange reser [...]
Bring in supportive export regulations to increase forex inflows – Business News

Bring in supportive export regulations to increase forex inflows – Business News

In an effort to increase the flow of foreign currency into the country, the Nation [...]
Is Nepal staring at economic turmoil similar to crisis-stricken Sri Lanka?

Is Nepal staring at economic turmoil similar to crisis-stricken Sri Lanka?

Similar to crisis-hit island nation Sri Lanka, Nepal's economy in recent seems to be spiralling down as the Himalayan country is facing unprecedented [...]
Colombo Stock Exchange to remain shut next week as Lanka struggles to combat forex crisis

Colombo Stock Exchange to remain shut next week as Lanka struggles to combat forex crisis

The Colombo Stock Exchange will remain temporarily closed for a week from Monday to provide investors an opportunity to have “more clarity and underst [...]
Colombo Stock Exchange to remain shut as Sri Lanka combats forex crisis

Colombo Stock Exchange to remain shut as Sri Lanka combats forex crisis

Colombo: The Colombo Stock Exchange will remain temporarily closed for a week from Monday to provide investors an opportunity to have “more cl [...]
After Sri Lanka, Nepal facing economic crisis: 16.2% fall in forex reserves

After Sri Lanka, Nepal facing economic crisis: 16.2% fall in forex reserves

After Sri Lanka, Nepal is staring at an economic crisis. Alarm bells are particularly ringing over a 16.2 percent fall in Nepal’s [...]
Protests Spiral as Sri Lanka Crisis Deepens, Health Emergency Declared Amid Vanishing Forex Reserves

Protests Spiral as Sri Lanka Crisis Deepens, Health Emergency Declared Amid Vanishing Forex Reserves

New Delhi: Battling an unprecedented economic crisis, Sri Lanka on Tuesday shut down its embassies in Norway, Iraq, and Consulate Gene [...]
sri lanka: Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal breaks his silence

sri lanka: Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal breaks his silence

Ajith Nivard Cabraalwas appointed Governor of the Central Bank of Sri Lanka (CBSL) in September 2021, when Sri Lanka’s economy was seeing a slowdown a [...]
India starts supplying rice to Sri Lanka in first major food aid | Poverty and Development

India starts supplying rice to Sri Lanka in first major food aid | Poverty and Development

The island nation is struggling to pay for essential imports after a 70 percent drop in foreign exchange reserves.Indian traders have started loading [...]
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