Sri Lanka Snubs U.S. & India; Welcomes Chinese Navy’s Three-Masted Tall “Training Vessel” Despite Ban
In a move that can cause fresh tensions in the region, Sri Lanka has allowed the Chinese Navy training ship, Po Lang, to dock...
Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka
Sanjiva Weerawarana is a Sri Lankan success story. He founded enterprise software firm WSO2 in 2005, got it close to $100 million in ARR...
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...
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...
President Ranil Wickremesinghe Remarkable Turnaround for Sri Lanka’s Tumultuous Economy
London (07/11 – 70) President Ranil Wickremesinghe, at the helm of the United National Party (UNP), has orchestrated a remarkable turnaround for Sri Lanka’s...
France, UK Jointly Ask US Court to Freeze Litigation on Sri Lanka
London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of Sri Lanka to the court of...
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic...
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250...
Sri Lanka Court Found Ex-President Contributed to Economic Crisis
London (15/11 – 67) Colombo Supreme Court rules that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government...
Sri Lanka’s Worst Economic Crisis In Decades
Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of...