International

March 21, 2023 1:40 PM

IMF approves Sri Lanka's much-awaited bailout package

The Executive Board of the International Monetary Fund has approved Sri Lanka's bailout program under an Extended Fund Facility. IMF has said the first tranche of the loan will be released in the next couple of days. Sri Lanka will immediately receive an initial disbursement of 333 million US D...

March 21, 2023 1:37 PM

Japan views Bangladesh and other areas to south as single economic zone

<span style="color: #222222;">Japan views Bangladesh and other areas to the south as a single economic zone and it  will seek to promote the Bay of Bengal-Northeast India industrial value chain concept in cooperation with India and Bangladesh to foster th...

March 21, 2023 1:24 PM

US condemns attack on Indian Consulate in San Francisco

<span style="color: #222222;">The United States has condemned the attack on the Indian Consulate in San Francisco. The US State Department said that it pledges to defend the safety and security of such facilities as well as the diplomats who work within them. US Natio...

March 21, 2023 1:19 PM

Thailand's king dissolves parliament ahead of general elections in May

<span style="color: #222222;">Thailand's king has dissolved parliament, paving the way for a general election in early May. Prime Minister Prayuth Chan-ocha's new conservative, royalist party faces a strong challenge from the Pheu Thai party, led by exiled f...

March 20, 2023 9:56 PM

IMF board to consider approval for Sri Lanka's bailout package

The Executive Board of the International Monetary Fund, IMF, will consider Sri Lanka's bailout package for approval today. The bailout will be through a 2.9 billion dollar extended fund facility available through tranches over a 4 year period. The facility was discussed in the staff level agree...

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