Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India – World
DHAKA/COLOMBO/MUMBAI: Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald Trump slapping a ...
Read moreTag: Sri Lanka economy
Sri Lanka’s inflation rate drops to minus 1.7% in November
Sri Lanka’s consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in October, official ...
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Sri Lanka’s economy grew 5.5% in 3Q, strengthens crisis rebound
Sri Lanka’s economy grew 5.5% year-on-year in the third quarter, official data showed on Tuesday as the country posted a ...
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IMF approves third review of Sri Lanka’s $2.9bn bailout
COLOMBO: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned ...
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Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
COLOMBO: Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country’s bailout ...
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As poor nations’ default wave peaks, cash shortage could take its place
LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia ...
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Sri Lanka approves controversial foreign debt deal
COLOMBO: Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by ...
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Sustaining reforms critical for Sri Lanka: IMF
COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said Friday as ...
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