Inflation jumped as high as 38 per cent in May 2023, as the country navigated reforms as part of an International Monetary ...
Sri Lanka maintains financial discipline, servicing multilateral debt despite its 2022 default. Despite unpopular decisions, authorities prioritize economic recovery and continue repaying debt to ...
Foreign Minister Ishaq Dar is now Finance Minister Muhammad Aurangzeb's boss. The ex-banker is out of options, but does it ...
Sri Lanka is facing a significant drug issue ... as the economic reforms he had to implement under the strict bailout conditions of IMF remain unpopular. Waging a drug war, which requires showcasing ...
Ebrahim Raisi, the first Iranian leader to visit Sri Lanka since 2008, says the project marks his country’s ability to share ...
India's infrastructure output in March rose 5.2% year-on-year, compared with a revised 7.1% growth in February, government data showed on Tuesday. (Reporting by Shivangi Acharya; Editing by Sohini ...
Sri Lanka's key inflation rate rose to 1.5% year-on-year in April from 0.9% in March, the statistics department said on Tuesday. The Colombo Consumer Price Index, a leading indicator for broader ...
Pakistan narrowly avoids bankruptcy with a $1.1 billion IMF loan. Experts call for urgent reforms to reduce dependency on ...
Pan Asia Banking Corporation PLC reported a steady performance reflecting improved macro-economic conditions as the Bank ...
An Indian firm jointly taking over the management of China-built country's second biggest airport in Hambantota - one of the ...
Sri Lanka’s Cabinet of Ministers on Friday approved a new legislative bill, endorsed by the International Monetary Fund (IMF) that will allow the state to confiscate any property or proceeds ...
An Indian firm jointly taking over the management of China-built country's second biggest airport in Hambantota - one of the ...