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China has written off an unspecified amount of Zimbabwe s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap. MORE..
20 Apr 2024 (10:47 AM)
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn. MORE..
20 Apr 2024 (6:54 PM)
State Minister of Finance Shehan Semasinghe says that the government is confident of reaching resolution with commercial creditors and the private bondholders which will enable Sri Lanka to be a debt sustainable country, as the engagements with them are underway. MORE..
19 Apr 2024 (6:07 PM)
Two foreign women, who were attempting to smuggle in 500 grams of cocaine by ingesting them have been arrested at the Bandaranaike International Airport (BIA) in Katunayake. MORE..
20 Apr 2024 (4:30 PM)
The Hulftsdorp Magistrate s Court has issued a detention order on the four suspects including the two naval officers arrested while in possession of crystal methamphetamine (Ice ). MORE..
20 Apr 2024 (5:20 PM)
