Sri Lanka, IMF agree on $1.5B bailout to avert balance of payments crisis

A Sri Lankan fruit vendor, selling king coconuts, rides his bicycle in Colombo on February 12, 2015.Lakruwan Wanniarachchi | AFP | Getty Images The International Monetary Fund (IMF) has reached agreement with the Sri Lankan government for a $1.5 billion bailout to help the island nation avert a balance of payments crisis. The three-year loan…

Asos owner was to give Scottish land to kids before Sri Lanka attack

https://i.dailymail.co.uk/1s/2019/04/23/14/12615818-0-image-a-38_1556027224716.jpg The billionaire Asos owner who lost three of his four children in the Sri Lanka terror attacks was reportedly injured himself during the blasts on Easter Sunday, which killed … Read More

Asos owner was to give Scottish land to kids before Sri Lanka attack

https://i.dailymail.co.uk/1s/2019/04/23/14/12615818-0-image-a-38_1556027224716.jpg The billionaire Asos owner who lost three of his four children in the Sri Lanka terror attacks was reportedly injured himself during the blasts on Easter Sunday, which killed … Read More

InfoLanka News Room: Sri Lanka news updates

The Mobius mantra for Sri Lanka growthFeb 25 (FT) Well-known investor and emerging markets guru Dr. Mark Mobius during his recent visit to Sri Lanka placed the odds of returning to strong growth in the country’s favour, provided the Govt moved efficiently to implement policies, which include establishing an investor-friendly environment and competitive tax regime.…

There’s a host of new travel hotspots for 2020 – from a resurgent Sri Lanka to deepest Cornwall

As another year draws to a close, it’s time to spin the globe and think about where we might travel in 2020.The good news is the choices have never been better, as airlines launch new routes, destinations stage major events, and hotels and tour operators create original and enticing experiences.This year the Foreign Office has…

InfoLanka News Room: Sri Lanka news updates

SLPP neutralises Sirisena; brings SLFP under its control Southern Expressway extension from Matara to Wetiya to be commissioned todayFeb 23 (Island) Prez Rajapaksa will inaugurate the Southern Expressway extension from Matara to Wetiya this afternoon. The section of the extension from Wetiya to Hambantota and Mattala via Andarawewa was commissioned on Nov 7, 2019. With…

A pick of the top Sri Lanka resorts, with a review of colonial villas, heritage hotels, and tea estates.

FAMILY FUN Show off your handlebar moustache at a colonial tea-planter retreat or dance along a deserted beach. It’s all here in our fun guide to the best Sri Lanka beds. Caution is advised in the wake of the April 2019 Easter church bombings. by Royston Ellis SEE ALSO Colombo Guide | Maldives Resorts |…

A pick of the top Sri Lanka resorts, with a review of colonial villas, heritage hotels, and tea estates.

FAMILY FUN Show off your handlebar moustache at a colonial tea-planter retreat or dance along a deserted beach. It’s all here in our fun guide to the best Sri Lanka beds. Caution is advised in the wake of the April 2019 Easter church bombings. by Royston Ellis SEE ALSO Colombo Guide | Maldives Resorts |…

President Gotabaya Rajapaksa Orders full Inquiry into Allegations that the Wife of a SriLankan Airlines Executive was paid $ 2 million by Airbus Through a Brunei shell company During the Mahinda Rajapaksa Regime of 2010 – 2015

President Gotabaya Rajapaksa yesterday ordered a full inquiry into allegations that the wife of a SriLankan Airlines executive was paid $ 2 million by Airbus through a Brunei shell company … Read More