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June 24, 2022
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his of...
June 24, 2022
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his of...
June 22, 2022
Reuters – Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance and present an interim budget in August, the prime minister said on Wednesday, amid ongoing negotiations with the International Monetary Fund (IMF). The island nation of 22 million people is struggling with its worst economic...
June 20, 2022
By Uditha Jayasinghe COLOMBO (Reuters) -An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country's cabinet
June 20, 2022
By Uditha Jayasinghe and Karin Strohecker
June 17, 2022
COLOMBO (Reuters) - Sri Lanka's government on Friday ordered public sector employees to work from home for two weeks due to severe fuel shortages as the island nation grapples with its worst financial turmoil in seven decades.
June 17, 2022
COLOMBO (Reuters) - Sri Lankas government on Friday ordered public sector employees to work from home for two weeks due to severe fuel shortages as the island nation grapples with its worst financial turmoil in seven decades.
June 16, 2022
COLOMBO (Reuters) -Sri Lanka's fuel stocks will last for about five more days, its power and energy minister said on Thursday, as the island nation awaits official confirmation from the Indian government for a new $500 million credit line for fuel.
June 14, 2022
COLOMBO (Reuters) - Sri Lanka has approved a four-day work week for public sector workers to help them cope with a chronic fuel shortage and encourage them to grow food, the government said on Tuesday, as it struggles with its worst financial crisis in decades.