Sri Lanka
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Sri Lanka cuts rates by 250 bps, signals rebound from crisis
Colombo: Sri Lanka’s central bank cut its key interest rates by 250 basis points on Thursday as inflation eased, signalling that…
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Sri Lanka’s key inflation rate eases to 25.2% in May
COLOMBO: Sri Lanka’s key inflation rate eased to 25.2 per cent in May from 35.3 per cent in April, the…
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ADB approves $350 million for Sri Lanka economic stabilization programme
MANILA, PHILIPPINES (29 May 2023) : The Asian Development Bank (ADB) today approved a $350 million special policy-based loan to…
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ILO, CBSL join hands to create favourable ecosystem in SL for entrepreneurs
Colombo: In an attempt to promote entrepreneurship among the youth of Sri Lanka, the International Labour Organisation (ILO) collaborated with the…
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Sri Lanka Must Achieve Debt Restructuring By September: IMF
Colombo:: The International Monetary Fund on Tuesday reaffirmed that Sri Lanka must achieve its debt restructuring process by September, which…
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China’s Sinopec formally enters Lankan fuel market
Rathindra Kuruwita : Sri Lanka yesterday signed a long-term contract with Sinopec Fuel Oil Lanka (Pvt) Ltd., to import, store,…
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Sri Lanka registers strong protest with Canada over Justin Trudeau’s remarks
Colombo: The Foreign Ministry summoned Canadian High Commissioner in Colombo Eric Walsh and registered Sri Lanka’s strong protest over Canadian Prime…
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Sri Lankan Opposition vows to fight domestic debt restructuring plans of govt
Colombo: The main opposition SJB would fight to defeat the government’s plans to restructure domestic debt, opposition leader Sajith Premadas…
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I have no connections with Uebert Angel or Jerome Fernando: Rajapaksa
Colombo: Sri lankan Former President Mahinda Rajapaksa who is alleged to have links with controversial Pastor Jerome Fernando and Zimbabwean Pastor…
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EU raises delayed LG polls, wants Sri Lanka govt. to do away with import restrictions
Colombo: The European Union has raised the issue with Foreign Secretary Aruni Wijewardane. According to a joint EU and Sri Lanka…
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