Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…
Crisis
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EconomyFeaturedGlobal NewsIndonesiaMyanmarNews
Indonesia Has Met More Stakeholders from Myanmar, Progress to Resolve Crisis Has Been Made, Says Minister
by Amila Herathby Amila HerathJAKARTA, (The Straits Times/ANN): Officials from Indonesia have been meeting a wider range of stakeholders from Myanmar, and progress has been made in resolving the crisis there, said Indonesian Foreign…
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AsiaFeaturedGlobal NewsNewsSri Lanka
Covid threat still looming, continue basic health practices, says Dr Herath
There could be more positive cases in the community as all the suspect cases are not subject to Covid tests Claiming that Sri Lanka is not completely out of the…
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AsiaEconomyFeaturedGlobal NewsNewsSri Lanka
Sri Lankan shares mark worst year since 2008
by Myint Nyanby Myint NyanSri Lankan shares ended higher on Friday, but logged their worst year since 2008 as the island nation battled a severe economic crisis. The CSE All-Share index rose 0.7% to…
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Global NewsNewsSri LankaWorld News
Sri Lanka at Brink of Humanitarian Crisis
by Myint Nyanby Myint NyanThe dramatic fuel shortages that accompanied mass protests in Sri Lanka earlier this year may have eased, but for millions of Sri Lankans the economic crisis is worse than ever.…
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EconomyGlobal NewsNewsSri LankaWorld News
UN warns of worsening food crisis in Sri Lanka amid economic woes
The number of people in Sri Lanka needing urgent humanitarian help has doubled to 3.4 million, the United Nations has said as it warned of a worsening food crisis in…