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COLOMBO, April 13 — Sri Lanka urged its citizens overseas to send home money to help pay for desperately needed food and fuel today after announcing a default on its US$51 billion (RM215 billion) foreign debt. The island nation is in the grip of its worst economic crisis since independence in...
The sisters and postulants in a Salvatorian formation center in Sri Lanka have been eating their food and vegetables raw for more than a week....
COLOMBO, April 10 — Sri Lanka will need about US$3 billion (RM12.7 billion) in external assistance over the next six months to help restore supplies of essential items including fuel and medicine, Finance Minister Ali Sabry told Reuters on Saturday. The island nation of 22 million people has...
COLOMBO, April 4 — Crisis-hit Sri Lanka’s cabinet resigned en masse from their positions at a late-night meeting Sunday, the education minister said, as anti-government protests escalated despite curfews. All 26 ministers aside from President Gotabaya Rajapaksa and his elder brother Prime...
India will have to brace itself for a prolonged disruption in the energy markets and volatility in currency, which will have a serious impact on economic growth, livelihood and employment.