Sri Lanka is continuing negotiations with China for as much as US$4 billion in aid and is confident Beijing will agree “at some point,” according to a top envoy
The International Monetary Fund (IMF) is calling for political stability in Sri Lanka in order to resume key talks on bail out loan to rescue the island nation from the balance of payment crisis .
Sri Lanka’s manufacturing and service sectors have been greatly affected by the current political turmoil which has brought the country's day today activities to a standstill further aggravating the economic crisis
Operations at the Hambantota International Port (HIP) from port services, marine services, energy hub, Port Industrial Park and integrated logistics are running uninterrupted, despite the current fuel crisis in the country.
Sri Lanka now encounters an unprecedented political and economic crisis in its 74 year democratic administration history since independence without a functioning government after the president fled the country from mass protests this week.