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July 25, 2023
Sri Lanka plans to complete free trade talks with Thailand by February and sign an agreement in March, Sri Lankas cabinet spokesperson said on Tuesday, as part of an effort to expand trade as it...
July 21, 2023
NEW DELHI, July 21 - India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in...
July 20, 2023
Sri Lankan President Ranil Wickremesinghe arrives in New Delhi on Thursday on a two-day visit hoping to strengthen economic ties between the South Asian countries. ...
July 20, 2023
COLOMBO -Sri Lankas parliament on Thursday approved a new law to improve the independence of the countrys central bank, the deputy speaker said, as part of reforms linked to a $2.9 billion...
July 20, 2023
COLOMBO -Sri Lankas parliament on Thursday approved a new law to improve the independence of the countrys central bank, the deputy speaker said, as part of reforms linked to a $2.9 billion...
July 20, 2023
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's parliament on Thursday approved a new law to improve the independence of the country's central ba...
July 19, 2023
Sri Lankas parliament approved a crucial anti-corruption bill on Wednesday to improve governance in the crisis-hit country as part of requirements linked to a $2.9 billion bailout from the...
July 10, 2023
Sri Lanka is likely to discuss energy, power and port projects during a presidential visit to New Delhi next week, the foreign minister said on Monday, as India tries to push forward stalled...
July 5, 2023
Sri Lanka's President will prepare an appropriate time frame to reactivate the Light Railway Transit Project with Japan, which was suspended in 2020 citing financial woes. The island nation is now on a path to recovery after facing its worst financial crisis in more than seven decades last year. The cabinet on Wednesday gave approval for President Ranil Wickremesinghe to decide on the appropriate time frame to reactivate the $2.2 billion project with Japan, the country...
July 5, 2023
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended. The central bank expects the economy to resume growth this quarter after six quarters of contraction - faster than expected by many economists - while overseas remittances are surging and tourist numbers are rising. "Stability is somewhat there ...