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By Uditha Jayasinghe. COLOMBO (Reuters) -Sri Lanka is asking international bond holders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated ...
The Sri Lankan economic crisis[ 8] is an ongoing crisis in Sri Lanka that started in 2019. [ 9] It is the country's worst economic crisis since its independence in 1948. [ 9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities ...
The List of newspapers in Sri Lanka lists every daily and non-daily news publication currently operating in Sri Lanka. The list includes information on whether it is distributed daily or non-daily, and who publishes it. For those newspapers that are also published online, the website is given.
The Sri Lankan Rupee ( Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala: සත, Tamil: சதம் ), but cents are rarely seen in circulation due to its low value. It is issued ...
Sri Lanka's overseas bonds extended gains after the debt agreement was officially confirmed, with longer-dated notes rising as much as 1.6 cents on the dollar to just over 50 cents at 1213 GMT ...
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion ...
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [ 32] and $296.959 billion by purchasing power parity (PPP). [ 33] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
Sunday Observer is a weekly English-language newspaper in Sri Lanka, published on Sundays. The Sunday Observer and its sister newspapers the Daily News, Dinamina, Silumina and Thinakaran are published by Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The paper, which was established in the present-day ...