Heavily indebted Sri Lanka votes in election to decide economic future COLOMBO: Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task... Published 21 Sep, 2024 10:12am
World Cash-strapped Sri Lanka eyes China development COLOMBO: Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but... Published 18 Sep, 2024 11:12am
Sports Sri Lanka to host New Zealand Test during presidential vote COLOMBO: Sri Lanka will host New Zealand for a two-match Test series during next month’s presidential election, its... Published 23 Aug, 2024 11:44am
World Sri Lanka to hold presidential election on Sept 21, govt notice says COLOMBO: Sri Lanka will vote on Sept. 21 to elect a new president, a government notice said on Friday, a crucial... Published 26 Jul, 2024 10:34am
Print Sri Lanka ex-leader claims ousted over China investments COLOMBO: Former Sri Lankan president Gotabaya Rajapaksa ended a long silence over his ouster Thursday by releasing a... Updated 08 Mar, 2024 09:47am
World Sri Lanka scraps long-term visa for Russians, Ukrainians COLOMBO: Sri Lanka said Sunday it had ended long-term tourist visa extensions for thousands of Russians and... Published 25 Feb, 2024 11:31am
World IMF resumes Sri Lanka bailout after China’s debt deal WASHINGTON: The International Monetary Fund revived its $2.9 billion bailout for Sri Lanka on Tuesday after the... Published 13 Dec, 2023 11:16am
Business & Finance Sri Lanka inflation doubles ahead of debt deal COLOMBO: Sri Lanka’s inflation more than doubled to 3.4 percent in November, the statistics office said Thursday, ... Published 01 Dec, 2023 04:43am
World Sri Lanka top court rules Rajapaksa brothers guilty of economic crisis COLOMBO: Sri Lanka’s Supreme Court issued Tuesday a symbolic ruling that the powerful Rajapaksa brothers —... Published 15 Nov, 2023 06:09am
World Sri Lanka’s top court says ex-president among those who contributed to economic crisis COLOMBO: Sri Lanka’s top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former... Published 14 Nov, 2023 06:23pm
Markets Cash-strapped Sri Lanka to restructure domestic debt COLOMBO: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a... Published 26 Jun, 2023 11:38am
Business & Finance Cash-strapped Sri Lanka’s economy shrinks 11.5pc COLOMBO: Crisis-hit Sri Lanka’s economy shrank by 11.5 percent in the first quarter just before an IMF bailout... Published 16 Jun, 2023 06:27am
World Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his... Published 21 Mar, 2023 11:10am
World IMF approves Sri Lanka's $2.9bn bailout COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9... Published 20 Mar, 2023 10:55pm
World Strike grips Sri Lanka as unions protest IMF bailout COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested... Updated 15 Mar, 2023 08:08pm
World Sri Lanka workers defy strike ban to protest rescue plan COLOMBO: Sri Lankan workers went on strike Wednesday in defiance of a government ban to protest a rescue plan for... Published 01 Mar, 2023 12:47pm
World Sri Lanka needs bilateral creditor assurances to unlock $2.9bn bailout, IMF says COLOMBO: Sri Lanka’s bailout package can be presented to the International Monetary Fund’s board for approval as... Published 10 Feb, 2023 09:41am
Business & Finance Bankrupt Sri Lanka slashes fuel prices COLOMBO: Crisis-hit Sri Lanka slashed fuel prices on Monday, the second cut in as many weeks, after the World Bank... Published 18 Oct, 2022 06:02am
Sports Asia Cup title lifts spirits of battered Sri Lanka COLOMBO: Crisis-hit Sri Lanka burst into spontaneous celebrations Sunday as the South Asian nation won the Asia Cup... Published 12 Sep, 2022 12:33am
World Anger over bloated new Sri Lanka government COLOMBO: Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over... Published 09 Sep, 2022 06:09am
Opinion Sri Lanka has an IMF deal, now it courts China and India Sri Lanka’s International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but... Published 07 Sep, 2022 04:13am
World Sri Lanka’s ousted President Rajapaksa gets govt residence, security on return: officials Sri Lanka’s ousted President Gotabaya Rajapaksa was provided on Saturday with an official residence and security by... Updated 03 Sep, 2022 06:32pm
World Bankrupt Sri Lanka’s deposed president ‘to return home’ COLOMBO: Bankrupt Sri Lanka’s deposed former president Gotabaya Rajapaksa is expected to end his self-imposed exile... Published 02 Sep, 2022 11:50am
Business & Finance IMF agrees to $2.9bn bailout for bankrupt Sri Lanka COLOMBO: Bankrupt Sri Lanka agreed a conditional $2.9 billion bailout with International Monetary Fund negotiators ... Published 02 Sep, 2022 06:00am
World Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan COLOMBO: Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency... Updated 31 Aug, 2022 12:19pm
World Sri Lanka widens import ban as economic crisis persists COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an... Published 24 Aug, 2022 01:01pm
Business & Finance Crisis-hit Sri Lanka warns of record 8% economic contraction COLOMBO: Sri Lanka’s economic meltdown will result in a record contraction of at least eight percent this year but... Published 18 Aug, 2022 01:58pm
World Former Sri Lankan President Rajapaksa will return next week Sri Lanka's former president Gotabaya Rajapaksa will return to the island nation next week after fleeing in July ... Published 17 Aug, 2022 03:08pm
World Sri Lanka’s ousted president Rajapaksa arrives in Thailand Sri Lanka’s former President Gotabaya Rajapaksa has arrived in Thailand on Thursday for a temporary stay, according... Updated 11 Aug, 2022 07:08pm
World Sri Lanka frees Stalin on bail after arrest draws outcry COLOMBO: A Sri Lankan court on Monday released on bail top leftist trade union leader Joseph Stalin, whose arrest... Published 08 Aug, 2022 05:02pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points