In a move that can cause fresh tensions in the region, Sri Lanka has allowed the Chinese Navy training ship, Po Lang, to dock at its port, despite a 12-month…
Sri Lanka
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AsiaFeaturedGlobal NewsLifestyleNewsSri LankaWorld News
Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka
by Kit Westby Kit WestSanjiva Weerawarana is a Sri Lankan success story. He founded enterprise software firm WSO2 in 2005, got it close to $100 million in ARR as its CEO, then sold it…
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FeaturedGlobal NewsLifestyleNewsPoliticsSri LankaWorld News
Sri Lanka failed 16 IMF agreements, latest deal must be honoured: minister
Sri Lanka violated all 16 of its past agreements with the International Monetary Fund (IMF) and if the current agreement is also not honoured, the situation could get macabre, according…
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FeaturedGlobal NewsLifestyleNewsPoliticsSri LankaWorld News
IMF reviews CEB and CPC operations
by Lucas Hayesby Lucas HayesThe International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer and other officials yesterday met with the Power and Energy Ministry to review the progress of the…
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DefenceEconomyFeaturedGlobal NewsLifestyleNewsPoliticsSri LankaWorld News
IMF team says Sri Lanka’s EFF program showing positive signs
The International Monetary Fund (IMF)’s Senior Mission Chief for Sri Lanka Peter Breuer says the IMF program is showing signs of working and is translating into real outcomes thanks to…
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DefenceEconomyFeaturedGlobal NewsLifestyleNewsSri LankaWorld News
Questions to those questioning Sri Lanka’s IMF program
by Freddy Evansby Freddy EvansBecoming an export oriented economy is a good solution but it is a long term solution as we cannot become an export oriented economy overnight either as that takes years…
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AsiaDefenceEconomyFeaturedGlobal NewsLifestyleNewsSri LankaWorld News
Revitalising Sri Lanka through Social Solidarity Economy
by Flynn Owenby Flynn OwenAs Sri Lanka grapples with a severe economic crisis, the need for a transformative economic model has never been more apparent. Decades of neoliberal policies since 1977 have left the…
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Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war
Sri Lanka has told hundreds of thousands of Russians and some Ukrainians staying in the country to escape the war that they must leave in the next two weeks, immigration officers said. The…
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President Wickremesinghe Delivers IMF Deal for Sri Lanka
Copenhagen (13/11 – 37.5) When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South Asian island nation was engulfed in…
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London (04/11 – 50) US government last week intervened in a lawsuit triggered by Hamilton Reserve Bank in St Kitts & Nevis. Somehow, a small bank based in a county…