Economy Crisis
- World
China’s loans to Africa worries World Bank President
London: World Bank President David Malpass has said he is concerned about some of the loans China has been making to developing economies in Africa, according to a media report. David Malpass…
- World
Nepal economy may go Sri Lankan way: Ex-central bank governor
Kathmandu: Dipendra Bahadur Chhetri, the former Governor of Nepal Rastra Bank (NRB), has said that the situation of Nepal’s economy is not like that of Sri Lanka. However, if the political rights…
- India
Country’s wholesale inflation up by 15.08 percent
New Delhi: Wholesale inflation in India surged to 15.08 percent in April from 14.55 percent in the previous month due to a sharp jump in the prices of fuel, metal, food and…
- Business
Sri Lanka receives USD 160 million from World Bank
Colombo: Sri Lanka has received USD 160 Million from the World Bank and is looking at the possibility of using some of it to buy fuel, Prime Minister Ranil Wickremesinghe told Parliament…
- World
Sri Lanka’s PM proposes selling off flag carrier
Colombo: Sri Lanka’s new Prime Minister Ranil Wickremesinghe has proposed selling off the state-owned SriLankan Airlines as part of efforts to stabilise the island nation’s finances amid the ongoing economic crisis. In…
