Four years since Sri Lanka scrapped a rash fertiliser ban that triggered protests, decimated harvests and exacerbated its ...

Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output it lost to the 2022 ...

COLOMBO, Sri Lanka (AP) — Sri Lanka’s crisis-hit economy is expected to resume growing in 2024 after contracting 3% this year, an International Monetary Fund official said Monday. Krishna Srinivasan, ...

Extensive tax exemptions handed to big business by successive governments over decades have deepened the country’s social ...

Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic ...

Sri Lanka's Prime Minister Mahinda Rajapaksa and his brother, and Sri Lanka's President Gotabaya Rajapaksa are seen during his during the swearing in ceremony as the new Prime Minister, at Kelaniya ...

COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted ...

Sri Lanka defaulted on its $51 billion foreign debt Tuesday as the island nation grapples with its worst economic crisis in memory and widespread protests demanding the government's resignation. Acute ...

Leader of the Opposition Sajith Premadasa has said that Sri Lanka has a “special relationship” with India and that “has to be enhanced, has to be promoted and built upon” ...

In December 2022, I traveled to Sri Lanka for the first time to visit Whole Planet Foundation's microfinance partner there, Berendina Micro Investment Company (BMIC). Although I have traveled to many ...

Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country’s retail fuel market as it struggles to resolve a worsening energy crisis amid an ...