Tag: SL Government

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Sri Lanka to discuss the repayment of emergency credits from India

Sri Lanka is to discuss the repayment of emergency credits from India separately from other defaulted debt, Central Bank Governor Nandalal Weerasinghe said.

International School to come up at Col. Port City with British collaboration

Preliminary discussions on the setting up of International School at Colombo Port City in collaboration with three leading British independent schools were held in Colombo recently.

China gives financing assurances to SL for IMF bailout loan after India’s move

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a US $2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to recover from its worst-ever economic crisis.

China takes over Colombo South Port development project

Colombo South Port is to be developed by China Merchant Port Company, its existing venture CICT and SLPA as a Public-Private-Partnership project with an investment of US $ 150 million.

SL’s fabric imports from India jump 50 percent with stable Chinese supply

Fabric imports by the south Asian island nation of Sri Lanka is to remain volatile during this year.

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India’s Swift Aid to Sri Lanka: Compassion, Strategy, or Both?

By:Staff Writer December 22, Colombo (LNW): India’s External Affairs Minister...

IMF Cautions Sri Lanka’s Debt Outlook Remains Fragile Despite Recovery Efforts

IMF Cautions Sri Lanka’s Debt Outlook Remains Fragile Despite Recovery Efforts

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