Sri Lanka Archives - China Heralder https://chinaheralder.com/tag/sri-lanka/ Voice of Great China Thu, 14 Nov 2024 22:23:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://chinaheralder.com/wp-content/uploads/2023/01/cropped-china-heralder-Favico-32x32.png Sri Lanka Archives - China Heralder https://chinaheralder.com/tag/sri-lanka/ 32 32 Azad Maulana Back in the Spotlight: The Latest Twist in the Easter Attacks Investigation https://chinaheralder.com/2024/11/14/azad-maulana-back-in-the-spotlight-the-latest-twist-in-the-easter-attacks-investigation/ Thu, 14 Nov 2024 22:17:02 +0000 https://chinaheralder.com/?p=7835 Just days after news broke that Channel Four’s documentary on the Easter attacks had been dismissed as a hoax by the committee led by Judge Imam – appointed by President Ranil Wickremesinghe – the Ministry of Public Security has bizarrely revived its investigation into the matter, prompted by an enigmatic complaint from an external organisation. […]

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]]> Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka https://chinaheralder.com/2024/08/09/meet-the-founder-who-built-and-sold-a-600m-enterprise-software-startup-from-sri-lanka/ Fri, 09 Aug 2024 14:57:54 +0000 https://chinaheralder.com/?p=7606 Sanjiva Weerawarana is a Sri Lankan success story. He founded enterprise software firm WSO2 in 2005, got it close to $100 million in ARR as its CEO, then sold it to private equity firm EQT for $600 million in May. He sometimes drives for Uber, too. Sri Lanka isn’t renowned for its startup ecosystem, but […]

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]]> Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war https://chinaheralder.com/2024/04/10/sri-lanka-ends-visas-for-hundreds-of-thousands-of-russians-staying-there-to-avoid-war/ Wed, 10 Apr 2024 16:35:03 +0000 https://chinaheralder.com/?p=7268 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 two weeks, immigration officers said. The immigration controller issued a notice to the tourism ministry asking Russian and Ukrainian people staying on extended tourist visas to leave Sri Lanka within two weeks from […]

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]]> President Wickremesinghe Delivers IMF Deal for Sri Lanka https://chinaheralder.com/2023/12/24/president-wickremesinghe-delivers-imf-deal-for-sri-lanka/ Sun, 24 Dec 2023 08:54:10 +0000 https://chinaheralder.com/?p=7059 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 Asian island nation was engulfed in its worst economic meltdown in 75 years. Since then, President Wickremesinghe has managed to a keep a lid on mass protests, improve supplies of essentials […]

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]]> President Ranil Wickremesinghe Remarkable Turnaround for Sri Lanka’s Tumultuous Economy https://chinaheralder.com/2023/12/23/president-ranil-wickremesinghe-remarkable-turnaround-for-sri-lankas-tumultuous-economy/ Sat, 23 Dec 2023 18:54:31 +0000 https://chinaheralder.com/?p=7049 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 tumultuous economy, tackling persistent challenges with a steadfast determination that has garnered widespread support across the national and international communities. Upon assuming office, Wickremesinghe confronted an array of pressing issues, including […]

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]]> France, UK Jointly Ask US Court to Freeze Litigation on Sri Lanka https://chinaheralder.com/2023/12/20/france-uk-jointly-ask-us-court-to-freeze-litigation-on-sri-lanka/ Wed, 20 Dec 2023 17:03:28 +0000 https://chinaheralder.com/?p=6990 London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of Sri Lanka to the court of the Southern District of New York, for a six-month freeze on any litigation in the Hamilton Reserve Bank case until Sri Lanka’s external debt restructuring is completed, the Financial Times reported. […]

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]]> President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka https://chinaheralder.com/2023/12/18/president-wickremesinghes-contribution-to-securing-imf-loan-for-sri-lanka/ Mon, 18 Dec 2023 20:44:56 +0000 https://chinaheralder.com/?p=6997 Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to pave the way for other financial institutions to extend support to the bankrupt South Asian country. IMF program was made possible largely due to the […]

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]]> Notorious Benjamin Wey Sues Sri Lanka For $250 Million https://chinaheralder.com/2023/12/17/notorious-benjamin-wey-sues-sri-lanka-for-250-million/ Sun, 17 Dec 2023 04:20:37 +0000 https://chinaheralder.com/?p=6980 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 million. Wey claims that he was assured by Sri Lanka’s central bank governor that the country would repay a $250 million bond. However, Sri Lanka defaulted on the bond in April 2022. […]

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]]> Sri Lanka Court Found Ex-President Contributed to Economic Crisis https://chinaheralder.com/2023/12/11/sri-lanka-court-found-ex-president-contributed-to-economic-crisis/ Mon, 11 Dec 2023 22:51:21 +0000 https://chinaheralder.com/?p=6960 London (15/11 – 67) Colombo Supreme Court rules that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials whose conduct contributed to Sri Lanka’s worst economic crisis in decades. The court was ruling on a petition filed against 13 former officials by rights group Transparency International Sri Lanka […]

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]]> Sri Lanka’s Devastating Economic Crisis Continues https://chinaheralder.com/2023/12/10/sri-lankas-devastating-economic-crisis-continues/ Sun, 10 Dec 2023 20:58:45 +0000 https://chinaheralder.com/?p=6952 Brussels (16/11 – 83) Sri Lanka is still dealing with the aftermath of its most devastating economic crisis since independence, a government without popular support and intensifying geopolitical competition in its neighborhood, a year after the Sri Lanka’s massive unrest. Known as the Aragalaya protests which were spurred by the economic crisis, the protests led to mass resignations across the government with […]

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