Results for
Sri Lanka
238 Results-
Sri Lanka unveils first rate cut in three years as inflation falls
Cash-strapped Sri Lanka on Thursday sharply cut interest rates for the first time since it last year crashed into its worst economic crisis, with the ... World News -
Sri Lanka could wrap up debt restructure talks by September: President Wickremesinghe
Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or November at the latest, its president ... World News -
India extends $1 bln credit line for Sri Lanka by a year
India has extended a $1 billion credit line for Sri Lanka by one year, a Sri Lankan official told Reuters on Tuesday, giving the crisis-hit country a ... Economy -
Japan, France and India to launch platform to coordinate Sri Lanka debt
Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka’s debt, Japanese Finance Minister Shunichi ... World News -
Debt-hit Sri Lanka to get first tranche of IMF bailout funds in two days
Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, ... Economy -
Sri Lanka leader says IMF deal imminent after China’s pledge
Sri Lanka’s president said Tuesday that China has given crucial debt restructuring assurances that mean the bankrupt Indian Ocean nation could get its ... World News -
Sri Lanka court orders delayed local election to go ahead
Sri Lanka’s top court on Friday ordered the government to proceed with a delayed local election, overruling President Ranil Wickremesinghe, who said ... World News -
Sri Lanka outlaws strikes as anti-tax protests spread
Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-day national stoppage called by unions ... World News -
Sri Lanka delays first vote since new president due to lack of funds
Sri Lanka’s independent election commission indefinitely postponed local polls Friday after the president, installed by parliament last year after his ... World News -
Sri Lanka, India to sign power grid linking pact within two months: Envoy
Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan ... World News -
Mob storms Pakistani police station, lynches man arrested for blasphemy
A mob in eastern Pakistan stormed a police station on Saturday and lynched a man under custody and accused of blasphemy, police said, in the latest ... World News -
Eleven stranded pilot whales saved in Sri Lanka
Eleven pilot whales were saved on Saturday after they became stranded near the shore on Sri Lanka’s west coast in the early hours, wildlife officials ... World News -
Sri Lanka completing pre-requisites for IMF $2.9 bln bailout: President
Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary Fund (IMF) and expects rapid approval from ... World News -
Sri Lanka’s president suspends parliament until policy address
Sri Lanka’s president suspended parliament until Feb. 8, when he said he would announce a new set of long-term policies to address a range of issues ... World News -
Sri Lanka keeps interest rate at 15.5 percent as country awaits IMF loan
Sri Lanka kept its benchmark interest rate unchanged for a fourth straight meeting as Asia’s fastest inflation showed signs of cooling while the ... Economy -
India says it is committed to boosting investment in crisis-hit Sri Lanka
India has told Sri Lanka it is committed to boost investment in its debt-ridden neighbor, to help pull the island nation from its worst economic ... World News -
Sri Lanka closer to a $2.9 bln IMF bailout as India said to support debt plan
India formally notified that it would support Sri Lanka’s debt restructuring plan, according to a person with knowledge of the matter, clearing a ... World News -
Sri Lanka to slash military numbers by a third to cut costs
Sri Lanka will slash its army by a third to 135,000 by next year and to 100,000 by 2030, the defense minister said on Friday, as the country facing ... World News -
Sri Lankan court orders ex-leader to pay victims of 2019 bombings
Sri Lanka’s Supreme Court ruled Thursday that inaction by the country’s former president and four others led to Easter Sunday bomb attacks in 2019 ... World News -
Sri Lanka freezes government recruitment in fresh austerity drive
Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher electricity prices kicked in with authorities ... World News -
India makes investment inroads into Sri Lanka under China’s long shadow
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food, and medicines ... World News -
Sri Lanka expects up to $8 billion more in loans, asset restructuring next year
Sri Lanka is expecting loans of up to $5 billion next year from multilateral agencies besides a deal with the IMF, the foreign minister told Reuters, ... Economy -
Sri Lanka ends resort blackouts to woo back tourists
Sri Lanka said Thursday it was reorganizing its blackout-prone electricity grid to guarantee power to tourist resorts, in an effort to lure back ... World News -
Sri Lanka starts building $700 million port project funded by India’s Adani
Sri Lanka’s largest port began on Wednesday construction of a $700 million terminal project, partly funded by India’s Adani Group, an official said, ... Economy -
Sri Lankan cricketer Gunathilaka denied bail in Sydney sexual assault case
Sri Lankan cricketer Danushka Gunathilaka was denied bail by a court in Sydney on Monday after being charged with sexual assault while he was in ... World News -
Sri Lankan cricketer Gunathilaka arrested in Australia on sexual assault allegations
Sri Lankan cricket authorities said on Sunday that Danushka Gunathilaka, a member of their team for the T20 World Cup tournament in Australia, had ... News -
Hundreds march in crisis-hit Sri Lanka protesting tax hikes, inflation, crackdowns
Hundreds of people marched in Sri Lanka’s largest city Colombo on Wednesday protesting against higher taxes, inflation, and alleged state-led ... World News -
Sri Lanka can’t afford enough fuel imports: Energy minister
Sri Lanka is still struggling to afford international fuel prices and is unable to fully procure the country’s requirements, Power and Energy Minister ... World News -
Sri Lankans yearn for answers on relatives who disappeared in civil war
Arumuga Lakshmi, tormented by questions about the fate of her two children, missing for years, marched through a town in northern Sri Lanka with a ... World News -
Sri Lanka Supreme Court blocks ‘de-radicalization’ bill
Sri Lanka’s Supreme Court blocked the country’s parliament from approving a bill that would have allowed the state to arbitrarily detain suspects for ... World News