Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State Minist ...

Sri Lanka’s Cabinet of Ministers on Friday approved a new legislative bill, endorsed by the International Monetary Fund (IMF) that will allow the state to confiscate any property or proceeds ...

Sri Lanka maintains financial discipline, servicing multilateral debt despite its 2022 default. Despite unpopular decisions, authorities prioritize economic recovery and continue repaying debt to ...

Sri Lanka has announced plans to hand over the management of its Mattala Rajapaksa International Airport (MRIA) to Indian and ...

Revenue targets for 2024 likely to be missed While Sri Lanka is on course to secure IMF executive board approval for the second review of US$ 3 billion bailout package, it is likely to miss revenue ...

The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects ...

Sri Lanka’s consumer price inflation dropped to 2.5 per cent in March from 5.1 per cent in February, official data showed on ...

Sri Lanka will hand over management of its Chinese-built Mattala Rajapaksa International Airport, which has stoked ...

Sri Lanka has approved a new law backed by the International Monetary Fund that allows the state to seize proceeds of crime, a cabinet spokesperson said on Friday. The new law was proposed as part of ...

Sri Lanka has leased its underutilized Mattala Rajapaksa International Airport, built with Chinese loans, to a joint venture ...

The Uma Oya project was scheduled for completion in 2015 but was delayed by sanctions, technical issues and the COVID ...

Sri Lanka's rupee, which suffered severe depreciation because of the island nation's unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State ...