COLOMBO -- Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe on Wednesday said the country could finalize negotiations with both bilateral and commercial creditors in advance of the first review of the IMF-assisted program, which is scheduled to take place in six months.
Addressing a meeting Wednesday night, Weerasinghe said after nearly a year of discussion, Sri Lankan authorities secured a lifeline of approximately 3 billion U.S. dollars from the International Monetary Fund on the condition that they will stay on course with reforms over the next four years. (Sri Lanka-IMF-Loan)
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NEW DELHI -- The Reserve Bank of India (RBI) on Thursday announced it has kept the repo rate unchanged at 6.5 percent.
Repo rate, or policy repo rate, is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. (India-Repo Rate-GDP-Inflation)
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MACAO -- Yu Changjiang, commander of the Sansha military garrison in Hainan Province, has been appointed as commander of the Chinese People's Liberation Army (PLA) Garrison in the Macao Special Administrative Region (SAR), the PLA garrison in Macao said on Thursday.
Xi Jinping, chairman of the Central Military Commission, signed an order recently for the appointment, said Wang Hui, spokesperson of the PLA garrison in Macao. (Macao-Military Commander)
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TOKYO -- A Japanese Ground Self-Defense Force (GSDF) helicopter with 10 people on board disappeared from the radar on Thursday in waters off the southwestern prefecture of Okinawa, local media reported.
The UH-60 multipurpose chopper disappeared from radar at around 4:40 p.m. local time about 18 km northwest of an airport in Okinawa Prefecture's Miyakojima Island, according to public broadcaster NHK citing the defense ministry and other sources. (Japan-GSDF Helicopter) ■
