Sri Lanka’s beleaguered government won a key vote in Parliament on Thursday as a ruling coalition-backed candidate was elected deputyContinue Reading
WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stopContinue Reading
COLOMBO, Sri Lanka (AP) — Sri Lanka’s economy is in dire straits with its usable foreign reserves down to lessContinue Reading
Sri Lanka will have to endure its unprecedented economic hardships for at least two more years, the country’s finance ministerContinue Reading
Crisis-struck Sri Lanka’s vital tea exports have dropped to their lowest level in 23 years, official figures showed Wednesday, hitContinue Reading
Farmers were once big supporters of the Rajapaksas, but a bungled fertiliser ban withered their crops along with their backingContinue Reading
Colombo, May 1 (IANS) Sri Lanka’s real gross domestic product (GDP) growth for 2022 is projected at 1 per centContinue Reading
Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday as the islandContinue Reading
An International Monetary Fund bailout package for crisis-hit Sri Lanka could take up to three months to arrive, the country’sContinue Reading
LONDON (Reuters) – Social unrest, political uncertainty and a complex web of creditors could scupper Sri Lanka’s push for aContinue Reading
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