- Sri Lanka marked 75 years since independence with a sombre military parade on Saturday, as its president urged reflection on past “errors and failures” at a time of national crisis.
Mr Wickremesinghe, flanked by top military brass, watched the hour-long procession of soldiers and army vehicles along a seafront promenade in the capital Colombo, inaugurated by ceremonial artillery fire but boycotted by opposition parties.
On Friday, the UN children’s agency reported that nearly one in three Sri Lankans were in need of humanitarian assistance as a result of the downturn. The economic collapse is the latest of several calamities that have pockmarked Sri Lanka’s history since independence. Rights groups say that up to 40,000 civilians were killed in the final weeks of the decades-long civil war during an army assault that crushed the remnants of the Tamil Tigers leadership.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive-Paris Club to give Sri Lanka financing assurances amid IMF debt talks - sourcesLONDON : The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The informal group of bilateral lenders is set to 'so
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sri Lanka's bondholders say ready for debt restructuring talks with authoritiesSri Lanka's international bondholders group was prepared to engage with the island nation's authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sri Lanka bondholders ready for debt restructuring talks with authoritiesSri Lanka's international bondholders group was prepared to engage with the island nation's authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.The island of 22 million people, caught in its worst financial crisis in more
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
The Big Read: Are rents really killing businesses?SINGAPORE — For some pandemic-hit business owners in Singapore, the road to recovery has been anything but smooth, even though almost a year has passed since the Republic gradually eased Covid-19 restrictions and reopened the economy from April last year. Well they kill consumers first and without consumers, than it kills business hahhah Speaking to commercial tenants, TODAY found that the effects of the pandemic and inflation have left them struggling to survive as rental prices rise and consumers stay in. Thanks to PAP. They increased GST to add more pain to Singaporeans.
Source: TODAYonline - 🏆 1. / 99 Read more »
The Big Read in short: Impact of high rents on doing businessSINGAPORE — For some pandemic-hit business owners in Singapore, the road to recovery has been anything but smooth, even though almost a year has passed since the Republic gradually eased Covid-19 restrictions and reopened the economy from April last year. soon no more malls 😂can buy online cheap cheap
Source: TODAYonline - 🏆 1. / 99 Read more »
Record-breaking cold sweeping into New York, New EnglandTemperatures at Central Park are seen dropping to -13 deg C. Read more at straitstimes.com. straits_times Peter Lim is destroying a historic club. Peter Lim is the shame of Singapore HELP TO SAVE THE valenciacf Please!
Source: STForeignDesk - 🏆 4. / 71 Read more »