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Shihar Aneez

REFILE-UPDATE 1-Sri Lanka raises borrowing limit for dollar denominated bonds-govt sources

4:55pm GMT

COLOMBO, Feb 19 Sri Lanka has raised its borrowing limit for dollar-denominated bonds to $3 billion and chosen seven lead managers to tap the international market as soon as possible, three government sources said on Tuesday.

Sri Lanka to tap bond market for $2 bln after Chinese loan delay - sources

18 Feb 2019

COLOMBO, Feb 18 Sri Lanka will bring forward a plan to raise $2 billion through the bond market after a delay in a pledged loan from Bank of China, sources close to the deal said on Monday.

Sri Lanka hiring hangmen, inspired by Philippines' war on drugs

12 Feb 2019

COLOMBO Sri Lanka began advertising for hangmen this week, as the country's president pushes ahead with a hardline policy, modeled on the Philippines, to combat drug trafficking.

Bank of China's $300 million loan to Sri Lanka faces delay - government officials

06 Feb 2019

COLOMBO A $300 million loan offered by Bank of China to Sri Lanka is facing delays, government officials familiar with the negotiation told Reuters.

Bank of China's $300 mln loan to Sri Lanka faces delay - govt officials

06 Feb 2019

COLOMBO, Feb 6 A $300 million loan offered by Bank of China to Sri Lanka is facing delays, government officials familiar with the negotiation told Reuters.

Exclusive: Sri Lanka to receive $1 billion Bank of China loan this quarter

17 Jan 2019

COLOMBO Sri Lanka will receive a loan of $1 billion from Bank of China before the end of the January-March quarter, the chief of the central bank said on Thursday, to help the country meet repayments in the coming months.

Exclusive: Sri Lanka says has $300 million loan offer from Bank of China, may increase to $1 billion

15 Jan 2019

COLOMBO Sri Lanka is considering an offer from Bank of China for a loan of $300 million (£234.7 million), which could be raised to $1 billion, to help it meet repayments in coming months, junior finance minister Eran Wickramaratne told Reuters on Tuesday.

EXCLUSIVE-Bank of China offers Sri Lanka $300 mln loan, option to raise to $1 bln- sources

15 Jan 2019

COLOMBO, Jan 15 Sri Lanka is considering an offer from Bank of China for a loan of $300 million, which could be raised to $1 billion, to help it meet repayments during coming months, two sources in Colombo with knowledge of the offer told Reuters on Tuesday.

Exclusive: Bank of China offers Sri Lanka $300 million loan, option to raise to $1 billion - source

15 Jan 2019

COLOMBO Bank of China , the country's fourth-biggest lender by assets, has offered a loan of $300 million to Sri Lanka which can be raised to $1 billion, a source in Colombo with direct knowledge of the matter, told Reuters on Tuesday.

Sri Lanka to use reserves to repay $1 bln loan

11 Jan 2019

COLOMBO, Jan 10 Sri Lanka has arranged $1 billion to repay a five-year sovereign bond maturing next week partly from its declining reserves, sources from both the central bank and finance ministry said on Friday.

World News

Bernie Sanders to seek U.S. presidency again in 2020

U.S. Senator Bernie Sanders, the Vermont progressive whose 2016 White House campaign garnered fervent grassroots support and pushed the Democratic Party sharply to the left, said on Tuesday he would again seek the party's presidential nomination in 2020.