The International Finance Corporation has unveiled a $166 million investment to bolster Sri Lanka's private sector, targeting ...
There has been a massive change in the Sri Lankan economy over the past decade; more so in the post-conflict economy. After the end of the thirty year civil war, a positive outlook of Sri Lanka has ...
As Sri Lanka moves further away from its economic crisis, bolstered by an expected period of sustained political ...
COLOMBO, Sri Lanka (AP) — Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party's power in Thursday's parliamentary election to help him implement his election pledges to ...
BEIJING (Reuters) -China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara ...
(Reuters) -Sri Lanka's economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong rebound from the country's worst financial crisis in decades, The economy ...
COLOMBO (Reuters) - Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from hefty ...
The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. The country's ...
With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not ...
COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka’s president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from bankruptcy.
In 2020, Sri Lanka went through its worst bout of macroeconomic instability since winning independence. The COVID-19 pandemic is not the only cause of this instability; the economy has long been beset ...
On September 21, National People’s Power (NPP) leader Anura Kumara Dissanayake won Sri Lanka’s eighth presidential election. Two days after being sworn in as the president, Dissanayake dissolved the ...