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COLOMBO: Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president's office said on Tuesday (Oct ...
MANILA/TOKYO: The Asian Development Bank (ADB) is ready to provide further financial support to Sri Lanka, a top official of the regional lender said on Tuesday (Sep 27), as the ...
COLOMBO: Japan, one of Sri Lanka's main creditors, will back the South Asian nation as it seeks to restructure about US$30 billion of its foreign debt and find a way ...
LONDON: Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday (Sep 23), laying out the full extent of its economic troubles and plans for a debt ...
For months the population of 22 million has struggled with power cuts, rampant inflation, a plummeting rupee and a shortage of foreign exchange reserves that made it difficult to pay ...
COLOMBO: Sri Lanka's economy contracted 8.4 per cent in the April to June quarter compared with the same period a year ago, data from the government statistics department showed on ...
Financial advisory group Lazard has started talks with India, China and Japan on restructuring Sri Lanka's debt, a spokesman for the Sri Lanka government said on Tuesday (Sep 13), as ...
COLOMBO: Sri Lanka should improve human rights and strengthen institutions to tackle the humanitarian challenges that have sprung from its worst financial crisis in seven decades, a top UN Human ...
COLOMBO: Animal rights activists on Friday (Sep 9) cheered a move by a shipping giant to alter course in Sri Lankan waters to avoid collisions with blue whales, the world's ...
GENEVA: Sri Lanka must immediately reverse its "drift towards militarisation" and prosecute those responsible for leading the country to its unprecedented economic crisis, the United Nations said on Tuesday (Sep 6). ...