The petition filed by Sri Lankan swimmer and coach Julian Bolling, former Chairman of the Ceylon Chamber of Commerce Chandra Jayaratne, glo...

The opposition and some partners of the ruling coalition rejected calls this week for a unity government from President Gotabaya Rajapaksa ...

The policy is likely to be unveiled the following morning, after which the new governor is expected to lay out his priorities and plans at ...

The debt-laden country is struggling to pay for imports of fuel and other goods due to a foreign exchange crisis, leading to hours-long pow...

According to the Central Bank estimates, inflation and prices of essentials have surged to 17.5 per cent in February this year, and are exp...

Finance Minister Rajapaksa is set to fly to Washington, D.C. next month to start talks with the IMF for a rescue plan and also seek support...

Sri Lanka’s “debt overhang,” along with persistent fiscal and balance-of-payments shortfalls, “will constrain growth and jeopardize macroec...

The Indian High Commissioner to Sri Lanka Gopal Baglay met Cabraal on Thursday and “expressed India's strong support to Sri Lanka in the wa...

During the recent visit to India, Lankan Finance Minister Basil Rajapaksa had sought a $ one billion credit line for essential imports and ...

In the wake of depleting foreign exchange reserves, Sri Lanka rupee is putting pressure on the balance of payments, The Leader reported quo...

The deal will allow the island to weather "present difficulties", State Minister of Money & Capital Market and State Enterprise Reforms Aji...

The new steps will strengthen Sri Lanka’s credit profile, enhance exchange rate stability, and improve the resilience of the economy, the n...

Sri Lanka today invited Indian business community to look at investment opportunities in its sectors such as ports, tourism and financial s...

The city-headquartered bank currently has a branch in Colombo in the island nation. Besides, it also has an presence in Singapore.

Public sector lender Indian Overseas Bank (IOB) is planning to enhance its investments in Sri Lanka, local media report stated.

India and Sri Lanka will conclude negotiations for a comprehensive economic partnership agreement by the end of this year. The agreement al...

The recent escalation in fighting in Sri Lanka has not derailed the nation's economy, with the island on track to record its fastest growth...