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 ...
The International Monetary Fund (IMF) stands ready to support Sri Lanka's discussions with international bondholders and will ...
COLOMBO: The Sri Lankan government on Tuesday said it failed to reach an agreement with its bondholders for restructuring ...
An Indian firm jointly taking over the management of China-built country's second biggest airport in Hambantota - one of the ...
Sri Lanka has announced plans to hand over the management of its Mattala Rajapaksa International Airport (MRIA) to Indian and ...
Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to ...
The small airport near a wildlife sanctuary on the southern coast opened in 2013 but was immediately plagued by problems, and ...
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 $209 million Chinese-built airport to two Indian and Russian companies, a cabinet ...
The Uma Oya project was scheduled for completion in 2015 but was delayed by sanctions, technical issues and the COVID ...
The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft ...