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The International Monetary Fund approved the second review of Sri Lanka's $2.9 billion bailout, the IMF and Sri Lanka's government said on Wednesday, and said the approval will pave the way for... -June 12, 2024 at 06:35 pm EDT - MarketScreener
COLOMBO (Reuters) -Sri Lanka has given Elon Musk's Starlink, the satellite unit of SpaceX, preliminary approval to provide internet services there, the president's office said on Thursday. Sri Lanka fast-tracked the approval process after Musk met with...
Sri Lanka's key inflation rate fell to 0.9% in May year-on-year from 1.5% in April, the statistics department said on Friday. The Colombo Consumer Price Index, a leading indicator for... -May 31, 2024 at 05:33 am EDT - MarketScreener
Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look to foster economic stability and lift growth following the South Asian... -May 27, 2024 at 10:04 pm EDT - MarketScreener
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's tea producers on Monday condemned a government order to increase wages by 70%, saying it would make their tea globally uncompetitive and reduce dollar earnings essential for the island nation to ...