Tag: Lankas
For Sri Lanka’s forex-earning garment workers, it’s a daily battle for survival
“I came to Colombo with a dream. Now I have lost it,” the young garment factory worker said, sounding dejected.She left her hometown in Jaffna, in nor [...]
Forex Shortage forces closure of Sri Lanka’s refinery
COLOMBO (News 1st) – The Sapugaskanda Refinery will be closed from Friday (7) due to shortage in Forex for Crude Oil Cargos, announced Sri Lanka's Po [...]
World News | Severity of Sri Lanka’s Forex Crisis Eased: Central Bank Governor
Colombo, Aug 18 (PTI) Sri Lanka's forex situation has "improved" and the economy has started to see favourable results due to [...]
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country's [...]
Sri Lanka’s forex reserves dwindle to $1.82B in July
Sri Lanka's forex reserves declined further to $1.82 billion in July, reports Bloomberg.
The debt-ridden economy spent $4 million last month from [...]
Sri Lanka’s new president quickly issues sweeping crackdown on protests
Ranil Wickremesinghe is the interim president of Sri Lanka per a parliamentary vote, after an unprecedented popular protest brought down former pre [...]
Sri Lanka’s president Gotabaya Rajapaksa is out. What’s next?
Sri Lankan President Gotabaya Rajapaksa resigned Thursday by email, after a herculean people-power movement fueled by anger over corruption and mas [...]
Sri Lanka’s KTI launches PLEX toys in India boosting forex inflows – Business News
Kiddies & Toys International (KTI), a subsidiary of Sri Lankan conglomera [...]
Sri Lanka’s protests are just the beginning of global instability
Sri Lanka’s president finally resigned. Protesters celebrated, and they had reason to: Their mass demonstrations — including a takeover of the pres [...]
Protests force Sri Lanka’s president, prime minister to resign
Sri Lanka’s ongoing political and economic crises once again reached a fever pitch as thousands of protesters gathered on Saturday and some stormed [...]
Protests force Sri Lanka’s president, prime minister to resign
Sri Lanka’s ongoing political and economic crises once again reached a fever pitch as thousands of protesters gathered on Saturday and some stormed [...]
Why Sri Lanka’s new PM isn’t the change the country needs
Sri Lanka’s president has appointed a new prime minister, Ranil Wickremesinghe, a familiar face in the role, as the country’s economic crisis ballo [...]
Sri Lanka’s economic crisis, explained
After a month of intense civilian-led protests over Sri Lanka’s deteriorating economy, President Gotabaya Rajapaksa agreed to appoint a new council [...]
Sri Lanka’s economy worsens, Forex reserves plummeting to USD 500 million
ANI |
Updated: Apr 04, 2022 21:47 IST
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