The Cabinet green-light has been granted to secure a US$200 million loan from Asian Development Bank (ADB) to upgrade Sri Lanka’s power sector infrastructure, to…
Billionaire Gautam Adani-led conglomerate on December 11 said it will use its own resources to fund a Sri Lankan port project and not seek US…
Sri Lankan President Anura Kumara Dissanayake will travel to India on Sunday for talks with Prime Minister Narendra Modi in his first overseas visit as…
Cyclone Fengal killed at least 19 people in India and Sri Lanka and caused flooding in Tamil Nadu state and the Puducherry region after crossing…
Sri Lanka's consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data…
Sri Lankan rescuers on November 28 recovered the drowned corpses of six children, taking the number killed in torrential rains to 12, as a powerful…
A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due…
Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international…
Sri Lanka's new leader on November 21 backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by…
Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on November 21, as…
Sri Lanka President Anura Kumara Dissanayake retained the key defence and finance portfolios in a new cabinet he announced November 18 after sweeping snap parliamentary…
Sri Lankan President Anura Kumara Dissanayake thanked voters November 15 for delivering his leftist coalition a landslide victory in snap parliamentary elections that repudiated establishment…
Sri Lanka votes November 14 in a second national election in as many months with a deeply divided opposition struggling to recover from a crushing…
Sri Lanka's political campaigning drew to a close November 11 ahead of parliamentary polls that have turned into a referendum on ambitious plans to tackle…
A Sri Lankan court sentenced 10 Iranian men to life imprisonment on October 23 after they pleaded guilty to smuggling over 111 kilograms (244 pounds)…
Sri Lankan police have arrested more than 230 Chinese men accused of targeting international banks in online scams, the foreign minister said on October 15,…
1Sri Lanka's national airline grounded a captain after he locked out his female copilot when she took a toilet break during a flight from Sydney…
1Sri Lanka's police have arrested 198 Chinese men on suspicion of operating a cybercrime ring from the South Asian nation, a police spokesman said October…
Cash-strapped Sri Lanka's economy was recovering faster than expected, the World Bank said October 10, doubling the island's growth forecast to 4.4% for 2024. Tourism…
A Chinese navy sailing ship was allowed to dock in Sri Lanka on October 8 but Colombo's new government said a ban on foreign research…
Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, the first foreign funding since leftist…
Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said…
Sri Lanka's new government said October 1 it would "review" a $12.5 billion sovereign bond debt restructure deal announced last month as part of efforts…
Cash-strapped Sri Lanka's economy recorded falling consumer prices for the first time in 39 years, official data showed September 30, with the September inflation figure…
Hundreds of pricey government vehicles have been abandoned around Sri Lanka's capital after the country's new Marxist-leaning president took office, a member of his party…