The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from
The U.S. announced a $553 million project yesterday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward
Japan’s Foreign Minister Yoshimasa Hayashi said Saturday that Sri Lanka is a key partner in a Tokyo-led initiative aimed at building security and economic cooperation around the
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 foreign
Sri Lanka’s foreign minister said yesterday that his country welcomes the Netherlands’ plan to return hundreds of colonial-era artifacts — including a bejeweled, ceremonial cannon — and
Sri Lanka will spare banks from being part of its local debt restructuring plan because of the possible impact on deposits, while the bulk of the
Chinese petroleum giant Sinopec signed an agreement with Sri Lanka today to enter the South Asian island country’s retail fuel market as it struggles to
The International Monetary Fund said yesterday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part
Sri Lanka’s ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced disappearances of
Sri Lanka’s president said yesterday that his bankrupt country’s talks with the International Monetary Fund for a rescue package have successfully reached final stages as he presented
Sri Lanka’s president said Saturday that an agreement with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis has
International human rights groups on Saturday urged Sri Lanka’s new president to immediately order security forces to cease use of force against protesters after troops
Veteran politician Ranil Wickremesinghe was sworn in as Sri Lanka’s new president yesterday to take charge of a nation bitterly angry he will remain in power
Sri Lanka’s prime minister was elected president yesterday by lawmakers who opted for a seasoned, veteran leader to lead the country out of economic collapse, despite widespread
Sri Lanka’s prime minister and acting president, Ranil Wickremesinghe, will face two rivals in a parliamentary vote today on who will succeed the ousted leader who
Sri Lanka’s acting president yesterday declared a state of emergency giving him broad authority amid growing protests demanding his resignation two days before the country’s lawmakers
Sri Lankan lawmakers met Saturday to begin choosing a new leader to serve the rest of the term abandoned by the president who fled abroad
Sri Lanka’s president fled the country early yesterday, slipping away only hours before he promised to resign under pressure from protesters enraged by a devastating economic crisis.
Sri Lanka’s opposition political parties met yesterday to agree on a new government a day after the country’s president and prime minister offered to resign in the
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