Sri Lanka
CNBC Daily Open: AI is drawing investors’ attention away from fresh tariffs
Cranes unload the cargo of Panamanian flagged bulk carrier Star Taishan at the Port of Rio Grande, southern Brazil, on May 6, 2025. Silvio Avila | AFP | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin […]
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CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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Sri Lanka reaches offer on credit card debt restructuring with bilateral lenders like China and France
Sri Lanka’s President Ranil Wickremesinghe introduced a debt restructuring offer with countries which includes India, France, Japan and China in a televised tackle to the country Wednesday. The settlement marks a vital step in the country’s economic restoration just after defaulting on personal debt reimbursement in 2022. Sri Lanka President Media Division / Handout | […]
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Fallout among the Maldives and India is ‘absolutely’ benefiting Sri Lanka, claims tourism minister
Calls for Indian travelers to boycott the Maldives is “unquestionably” aiding Sri Lanka’s travel sector, the country’s Tourism Minister Harin Fernando explained Thursday. “The Maldives challenge is … helping us,” Fernando explained to CNBC, referencing a social media row in January that resulted in a sharp drop in Indian people to the Maldives this 12 […]
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Sri Lanka travel visas doubled to $100 very last thirty day period. But the purpose why is disputed
The price tag to attain a brief-phrase visa to take a look at Sri Lanka rose from $50 to $100 in April. But the cause for it is disputed. The price hike followed Sri Lanka’s transition from employing inside Digital Vacation Authorizations, or ETAs, to an e-visa method operated by the visa processing corporation VFS […]
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A 'relatives vacation' for two: Why extra mom and dad are using journeys with one particular boy or girl at a time
Sonja Prokopec took her son on their 1st “solo” trip with each other when he was 6 decades aged. They went to Rome, and it was so unforgettable that Prokopec stated she’s now setting up their next trip this summer time. “I definitely enjoy one-on-1 time which we have when travelling by itself,” she mentioned. […]
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Asia’s year in review: Who had it good — and who had it bad — in 2023
Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific region. Follow them on X at @CurtisSChin and @JoseBCollazo. As 2023 comes to a close, we take a look at the year that was in […]
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Sold out motels and spike in beer product sales: How the Cricket Environment Cup could enhance India’s financial state
Spectators respond in the group throughout the ICC Men’s Cricket Entire world Cup India 2023 concerning India and Afghanistan at Arun Jaitley Stadium on October 11, 2023 in Delhi, India. Matt Roberts-icc | Icc | Getty Photographs India is when once more hosting the Cricket Globe Cup right after far more than a 10 years. […]
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Southeast Asia’s initial superior-pace practice – a boon or bust for Indonesia’s overall economy?
Indonesia is starting off demo runs for its initial significant-velocity practice, which will connect the money Jakarta to a neighboring town of Bandung, right after years of delays and value overruns plagued the job. Bloomberg | Bloomberg | Getty Pictures A $7.3 billion substantial-pace electric powered rail line among Indonesia’s two most significant metropolitan areas […]
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Sri Lanka’s central lender says additional amount cuts are essential for economic system to ‘bounce back’
Debt-ridden Sri Lanka might need to slice fascination costs again to further improve advancement in its economy, according to the head of its central financial institution. Nandalal Weerasinghe, governor of the Central Financial institution of Sri Lanka, explained to CNBC Friday that there will be a lot more amount cuts to arrive, even right after […]
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