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Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to strategists at Standard Chartered. MORE..
17 Apr 2024 (10:28 PM)
The International Monetary Fund (IMF) stands ready to support Sri Lanka s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. MORE..
18 Apr 2024 (2:03 PM)
The Sri Lanka Army, on the directions of the Ministry of Defence, has declared a General Amnesty for all Army absentees, enabling them to receive an official discharge from their service. MORE..
18 Apr 2024 (2:18 PM)
Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel s operations in the island nation, the companies said on Thursday, nearly a year after the merger was announced. MORE..
18 Apr 2024 (3:04 PM)
Indonesian authorities issued a tsunami alert Wednesday after eruptions at Ruang mountain sent ash thousands of feet high. Officials ordered more than 11,000 people to leave the area. MORE..
18 Apr 2024 (11:22 AM)
