The world's low-income countries owe 37 per cent of their debt to China in 2022, compared to just 24 per cent in bilateral debts to the rest of the world
Sri Lanka's Asia Cup winning hero Bhanuka Rajapaksha, whose stellar show with the bat played a pivotal role in his side's sensational Asia Cup victory, has dedicated the title to his crisis-hit island nation. Sri Lanka defeated Pakistan by 23 runs in the summit clash on Sunday night to clinch the Asia Cup crown after 2014, their sixth overall. Batting first, Sri Lanka were reduced to 67 for 5, but made a brilliant turnaround riding on Rajapaksha (71 off 45 balls) and Wanindu Hasaranga (36 off 21 balls) to reach a competitive 170 for 6. "We always wanted to show the world - a couple of decades back, we had aggression in our side, and we wanted to create those moments (again) as a unit," a beaming Rajapaksa said at the post match press conference. "Looking forward, we want to keep up this momentum ahead of the World Cup. With the crisis happening back home, this is a tough time for all the Sri Lankans, but hope we brought some smiles on the faces of our people." "This is to the whol
This fall, civil unrest is likely to heat up in 101 countries (out of 198 monitored), according to an index developed by Verisk Maplecroft, a research firm
The IMF has been sewing up or inching toward loan agreements with some of the most vulnerable nations -- namely Pakistan, Sri Lanka, Zambia, Egypt and Chile -- after months of negotiations
Sri Lanka's Minister of Labour and Foreign Employment Manusha Nanayakkara said that more than 200,000 Sri Lankans have left for foreign jobs in 2022 so far
Sri Lankan Navy on Sunday detained over 80 people who were trying to migrate illegally to a foreign country by boat in eastern waters, local media reported citing the Navy.
Sri Lankan President Ranil Wickremesinghe on Sunday signed the condolence book at the British High Commission in Colombo and extended his deepest condolences on the passing away of Queen Elizabeth II
Sri Lankan Pres Ranil Wickremesinghe said that the government will not oppose the Private Member's Bill presented to Parliament to decriminalise homosexuality
Visiting USAID Administrator Samantha Power on Sunday urged China, among other creditors, to assist Sri Lanka in restructuring debts to recover
Sri Lanka accounts for half the global trade in orthodox teas. Sources say exports from India could pick up further in second and third quarters, will help meet target of 240 mkg by year-end
Asia Cup 2022: Pakistan cricket team is all set to avenge their defeat against Sri Lanka in the finals. Read this detailed report on where can you live stream the match or enjoy the live telecast
Asia Cup Final 2022, SL vs. PAK: Sri Lanka to play Pakistan after the 2014 Asia Cup final. Read this detailed report to know everything about pitch, weather, playing 11, and history between teams
Asia Cup Final 2022, SL vs PAK: Sri Lanka and Pakistan will face each other for the fourth time in the Asia Cup finals. Read this report to know everything about ticket prices & how to buy them
Road Safety World Series starts today. As India get ready to defend their trophy, this report will look at ticket price, online booking, previous performance and points table
Road Safety World Series 2022: International Cricket Legends will play to spread Road safety awareness. Read this detailed report on match schedule, squads, venue and format details
Sri Lanka's former finance minister Basil Rajapaksa left for the US on Friday to receive medical treatment, a week after the Supreme Court allowed him to travel overseas until January 15, media reports said. Basil Rajapaksa, the younger brother of ousted president Gotabaya Rajapaksa, left for Dubai on an Emirates flight from Katunayake Airport, from where he will catch a connecting flight to the US, Daily Mirror Lanka newspaper reported, quoting officials. On September 2, Sri Lanka's Supreme Court's five-bench headed by Chief Justice Jayantha Jayasuriya permitted Basil, 71, to travel overseas, until January 15 next year to receive medical treatment. The Supreme Court made this order in connection with a Fundamental Rights petition filed by Sri Lankan swimmer and coach Julian Bolling, former Chairman of the Ceylon Chamber of Commerce Chandra Jayaratne, Transparency International and Jehan Canaga Retna, the Mirror report said. The petitioners are seeking an order to take legal action
Sri Lanka vs Pakistan Asia Cup Super Four Highlights: Nissanka's 55* was more than enough to guide Sri Lanka to a five-wicket win over Pakistan even as they were 29/3 at one stage in chase of 122
Asia Cup 2022 Points table: Sri Lanka defeated Pakistan in the second last game of the tournament. Read this detailed report to know everything about Asia Cup 2022 points table and matches
Sri Lankan President Ranil Wickremesinghe on Friday advised officials to act immediately and amend government circulars if they impede Indian investment projects in the cash-strapped island nation. Wickremesinghe at a meeting attended by Vinod K Jacob, the Deputy Indian High Commissioner, examined the progress of several development projects in the country based on Indian investment cooperation, an official statement said. Wickremesinghe advised the office to amend the relevant government circulars immediately if they impeded the development projects. New Delhi at different times had raised the slow progress in implementing the Indian projects in the country. In the ongoing economic crisis, India has provided Sri Lanka with credit lines for fuel, fertiliser and essential commodities worth USD 3.5 billion. Additionally, three credit lines were provided to the tune of USD 1.5 billion and foreign exchange crisis support of USD 2 billion, the Indian High Commission said. The governme
The US has agreed to cooperate with Sri Lanka's debt restructuring as prescribed by the IMF in its staff-level agreement for a USD 2.9 billion bailout package to help revive the country's ailing economy. US Treasury Secretary Janet Yellen informed Sri Lankan President Ranil Wickremesinghe that the US as a creditor country would participate in the country's debt restructuring. The US has pledged to continue to engage with other government agencies -- the World Bank and the Asian Development Bank (ADB). Wickremesinghe's office said the US treasury department had welcomed the government's decision to seek IMF assistance. On September 1, the IMF reached a staff-level agreement to support Sri Lanka's economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about USD 2.9 billion. Sri Lanka is going through its worst economic crisis since its independence in 1948 which was triggered by a severe paucity of foreign exchange reserves. Commenting on the US' ...