Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

Sri Lanka’s new Marxist-leaning president has sworn in a 21-member Cabinet after his party secured a two-thirds parliamentary ...

Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from ...

Anura Kumara Dissanayake’s National People’s Power Party won at least 123 of the 225 seats in parliament, according to ...

For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment ...

The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned ...

Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority ...

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

The 43-year-old woman from Guangzhou, capital city of southern China’s Guangdong province, set off alone for Sri Lanka’s capital city 10 years ago to expand her family’s gems business.

WION- Aiming to cash on growing outbound Indian tourists, Sri Lanka and Australia have launched new initiatives to cash in on this. Sri Lankan Airlines has launched a unique package for Indian ...