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The licence originally issued in 2003 was to expire in January 2024. This will allow Lanka IOC to continue its retail operations on the debt-trapped island nation until January 22, 2044. ....
Colombo, Oct 12 (PTI) The Sri Lankan government has confirmed that it has concluded a preliminary deal with China on the restructuring of its debts to Beijing, seen as a big step in the cash-strapped country's economic recovery. ....
Sri Lanka's ousted President Gotabaya Rajapaksa refuted allegations made by a British television channel that the 2019 Easter suicide bombings that killed nearly 270 people were engineered by his loyalists to get him elected as president. ....
Sri Lankan President Ranil Wickremesinghe will present his first budget in Parliament later today as the country reels under its worst financial crisis since its independence. ....