Beijing: A senior journalist has said despite its best efforts it is hard for China to become an “all-weather friend” and this is evident from the recent developments in Sri Lanka, a financially troubled nation.
Colombo/UNI: Sri Lankan Prime Minister Ranil Wikremesinghe has said that the country's debt-laden economy has “collapsed” after months of facing shortages of food, fuel and electricity, Khaleej Times reported on Wednesday.
Colombo: Sri Lankan government has ordered the closure of the nation's schools and halted all non-essential government services on Monday, France24 reported.
Rome/Islamabad: An Italian publication has revealed that Pakistan, which has also been combating an economic crisis, is following the same path as Sri Lanka which will eventually lead the country to fall into the Chinese debt trap.
New York: The World Food Programme (WFP) on Thursday began distributing food vouchers to pregnant women in underserved districts of the Sri Lankan capital, Colombo, marking the start of the UN agency’s emergency response in the country, which is facing its gravest political and economic crisis since independence.
Colombo: Sri Lanka, a nation facing a severe economic crisis, is planning to import 50,000 tonnes of rice from India.
Colombo: The Sri Lankan government has announced that it is giving its officials an extra day off a week to encourage them to grow food, amid fears of a food shortage engulfing the country, BBC reported on Wednesday.
Colombo: Sri Lanka may be compelled to buy more oil from Russia, the country’s Prime Minister Ranil Wickremesinghe said but not before he first looks to other sources.
New York: Sri Lanka is experiencing a multidimensional economic crisis, which is compounded by food insecurity, rising protection concerns and shortages threatening lives and livelihoods, the UN said on Thursday, appealing for $47.2 million to provide life-saving assistance.
Colombo/UNI: Large parts of Sri Lanka have been hit by severe power cuts on Thursday after a power sector union went on strike, Khaleej Times reported.
Kathmandu: The Nepal government has decided to hand over the contract of the 750-megawatt West Seti Hydropower Project and 308-megawatt SR6 Storage Hydroelectric Project to National Hydro Power Company Limited, India, media reports said on Wednesday.
Colombo: Sri Lankans will find it tough to get fuel and gas in the next three months, Prime Minister Ranil Wickremesinghe has warned, and urged people not to hoard them and to avoid travel unless it is really necessary.
Colombo: A group of high-ranking Buddhist monks has appreciated the Indian government for providing humanitarian assistance to Sri Lanka amidst the country’s ongoing economic and political crisis.
Colombo/UNI: Sri Lankan Prime Minister Ranil Wickremesinghe has said that his country is down to its last day of petrol as it faces its worst economic crisis in more than 70 years, BBC reported.
Colombo: Newly-appointed Sri Lankan Prime Minister and UNP leader Ranil Wickremesinghe has assumed duties at the PM's office on Friday.