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June 10, 2022
COLOMBO (Reuters) - An International Monetary Fund (IMF) delegation will visit Sri Lanka on June 20 for talks as the country looks for a loan programm...
June 9, 2022
COLOMBO (Reuters) - The brother of Sri Lanka's president and the country's former finance minister Basil Rajapaksa said on Thursday that he had resign...
June 9, 2022
COLOMBO (Reuters) - The brother of Sri Lanka's president and the country's former finance minister Basil Rajapaksa said on Thursday that he had resign...
June 9, 2022
COLOMBO (Reuters) - The brother of Sri Lanka's president and the country's former finance minister Basil Rajapaksa said on Thursday that he had resigned from parliament, the second from the influential family to step away from government amid a severe economic crisis.
June 8, 2022
By Alasdair Pal and Devjyot Ghoshal
June 8, 2022
Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries like war-ravaged Ukraine and Sri Lanka.
June 8, 2022
COLOMBO (Reuters) - A power sector union in Sri Lanka said on Wednesday it will go on an indefinite strike from midnight in protest against new government legislation, potentially leading to power blackouts in a country already grappling with its worst economic crisis in decades.
June 7, 2022
COLOMBO (Reuters) - Sri Lanka's cash-strapped government will need at least $5 billion in the next six months to maintain basic standards of living, including some $3.3 billion for fuel imports, the country's prime minister told parliament on Tuesday.