November 21, 2024
Business

Sri Lanka has an IMF agreement and is currently courting China and India

The IMF rescue package for Sri Lanka could mark the end of the country’s biggest economic crisis, but much of the hard work still needs to be done due to the country’s unstable political situation and the need to secure debt relief from rivalling countries China, India, and Japan. President Ranil Wickremesinghe is aware that […]

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Sport

Before the 15th edition of the Asia Cup, a quick glance at its past

Cricket fans can look forward to a thrilling, action-packed two weeks of white-ball cricket with the T20 Asia Cup 2022 beginning today.Let’s go back and have a look at the history of the Asia Cricket Council (ACC) Asia Cup before the most recent edition begins. The ACC , which began play in 1984, is the […]

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International

A military vessel from China docks in Sri Lanka

HAMBANTOTA: Despite worries from India and the US about its suspected eavesdropping activities, a Chinese research vessel brimming with antennae and communication equipment moored at Sri Lanka’s Chinese-run port of Hambantota on Tuesday. According to officials, the Yuan Wang 5 reached the deep-sea port after receiving authorization to enter Sri Lankan waters on the condition […]

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International

Sources predict that the former president of Sri Lanka will travel to Thailand

After fleeing his island homeland last month amid widespread protests, the deposed president of Sri Lanka, Gotabaya Rajapaksa, is anticipated to land in Thailand on Thursday, according to two sources. Rajapaksa is looking for temporary asylum in a second Southeast Asian nation. Following tremendous turmoil brought on by Sri Lanka’s worst economic crisis in seven […]

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International

Sri Lanka’s bankruptcy is refused further finance by the World Bank

COLOMBO: On Friday, the World Bank announced that it would not provide Sri Lanka with new funds unless the island nation implemented “deep structural reforms” to stabilize its collapsing economy. With its 22 million residents experiencing months of food and fuel shortages, rolling blackouts, and escalating prices, Sri Lanka has experienced a historic collapse. Large-scale […]

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Sport

Five talking points from the Sri Lanka-Pakistan series: chases and turns

GALLR: On Thursday, Sri Lanka levelled the series at 1-1 after thrashing Pakistan by 246 runs in the second Test after losing the first one.The team’s skipper, Babar Azam, kept up his stellar form to almost single-handedly lead the tourists in the two-match series. Azam’s scores of 119 and 55 helped the team win their […]

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