Sri Lanka, which drew its first tranche of the $3 billion bailout programme, has already met an instalment to pay back an Indian line of credit which the island nation obtained early last year just before announcing the debt...
Sri Lanka in April last year declared its first-ever debt default in its history as the worst economic crisis since independence from Britain in 1948 triggered by forex shortages sparked public protests
In January last year, Sri Lanka formally signed an agreement with India to jointly develop the oil tank farms in Trincomalee
The IMF bailout, the 17th in Sri Lanka’s history, was approved following prolonged discussions held up over Colombo's unsustainable debt
Sri Lanka in April declared its first-ever debt default in its history as the economic crisis since independence from Britain in 1948 triggered by forex shortages sparked public protests
Ram Sethu, also known as Adam's bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.
Sri Lankan President Ranil Wickremesinghe has pledged to ensure justice for the victims of the 2019 Easter bombings carried out by a local Islamist extremist group linked to ISIS. The bombings killed 270 people, including 11...
Sri Lanka and India run a joint venture storing fuel in the World War II time storage tanks in Trincomalee
Director General of the Health Department Himali Kotelawala had said that the country of origin of eggs must be free of bird flu for at least six months
The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country
The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead-up to the crisis, further aggravated by...
Tamil Nadu CM M K Stalin said necessary diplomatic steps may be initiated to secure the early release of all the 16 fishermen and 102 fishing boats that were...
Sri Lankan singer Yohani has collaborated with Tony Kakkar and rapper Ikka for their latest Holi song, 'Chunari Mein Daag'.
China has given assurances that it will support Sri Lanka’s debt restructuring, clearing the biggest hurdle for the debt-ridden country to secure a...
Women’s Day: Fear is growing that Iran is preparing to execute more protesters, charging them with ‘enmity against God’ and ‘corruption on earth’.
The High Commission of India here organised a discussion on the use of the Indian Rupee (INR) for transactions between India and Sri Lanka on Thursday
The opposition supporters were protesting over a decision to postpone local elections after the government said it cannot finance the same because of the...
A combination of ravage caused by the pandemic and high debt has driven nations around India, including Sri Lanka and Pakistan to bankruptcy
Sri Lanka Cricket have earned 6.3 billion rupee in the year 2022, the sports body's highest ever annual net income, according to national board.
This was the first official meeting since US-based short seller Hindenburg Research made a litany of allegations, including fraudulent transactions and...
Addressing a gathering in the central town of Kandy, he said that each nation that experienced an economic catastrophe recovered after engaging in talks with...
Playing on the front foot, cricketer Muttiah Muralitharan helped his fellow countrymen find their feet after the 2004 catastrophe
The state power entity said that the power cuts ranging from one to 14 hours from January last year would end on Thursday
Last month, China gave Sri Lanka the financing assurances required by the International Monetary Fund (IMF) to unlock a $2.9 billion bailout package for the...
It may be recalled that Velupillai Prabhakaran was killed in 2009 in the war between Sri Lankan Army and the LTTE.
