IMF Optimistic of Sri Lanka debt restructure despite London talks setbacks
Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.
Dialog, Axiata Group and Bharti Airtel sign definitive deal for merger in SL
Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel Ltd., (Bharti Airtel) announced they have signed a Definitive Agreement to combine their operations in Sri Lanka.
Govt. jacks up visa fee amid tourism recovery
The Government has hiked the standard tourist visa fee by over 100%, coupled with the shift to a global processing company, which has raised eyebrows among industry stakeholders.
Sri Lanka introduces new visa system to boost tourism
Sri Lanka has introduced new visa procedures and the rollout of an online visa issuance system yo boost tourism in the ialsndnation.
Restructuring Unit insists SOE reforms are non-negotiable
The SOE Restructuring Unit (SRU) yesterday insisted that reforms involving State-owned enterprises are “non-negotiable” and efforts are underway to transform these entities for the better.
IMF Optimistic on SL sovereign debt restructure despite bond holder’s setbacks
Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.
Man arrested in Poland over alleged Russia plot to kill Zelensky
A Polish man has been arrested and charged with planning to co-operate with Russian intelligence services to aid a possible assassination of Volodymyr Zelensky, authorities said.
Francis Ogolla: Kenya helicopter crash kills country's military chief
Kenya's military chief, Gen Francis Omondi Ogolla, has died after a military helicopter crashed in the west of the country, the president said.
Biden calls for tripling tariffs on Chinese metals
US President Joe Biden has called for a tripling of tariffs on some steel and aluminium from China.
US and EU eye new sanctions on Iran after attack on Israel
The United States and the European Union say they are looking at imposing further sanctions on Iran, after its attack on Israel at the weekend.
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Russia to grow faster than all advanced economies says IMF
An influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year.
United Airlines says Boeing blowout cost it $200m
United Airlines has blamed Boeing for a $200m (£161m) hit to its earnings in the first three months of this year.
Pakistan: Lightning and unusually heavy rain kill dozens
At least 39 people have been killed in Pakistan after days of unusually heavy rains battered the country's southwest.
Israeli war cabinet meets to discuss response to Iranian attack
Israel's war cabinet has met to discuss its response to Iran's unprecedented drone and missile attack.