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COLOMBO — Environmental activists in Sri Lanka are celebrating the end of a 2020 decree that left the island’s nonprotected forests more vulnerable to agriculture and development projects.
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
Sri Lanka's garment manufacturers have said higher tariffs — on top of existing customs duties reaching 25 per cent — could ...
Sri Lanka will need about $3 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 ...
On 3 January, Sri Lanka’s government announced a fiscal relief package worth LKR229 billion ($1 billion, 1.6% of our 2022 GDP forecast) to support the economy and alleviate the impact of higher ...
These zones have played a crucial role in the development of Sri Lanka’s exports, particularly the apparel sector, which today continues to account for around 50 percent of the country’s goods ...
COLOMBO • Sri Lanka unveiled a US$1 billion (S$1.36 billion) relief package as President Gotabaya Rajapaksa's government seeks to temper growing public anger over the surging prices of essential ...
The United Nations refugee agency said on Friday that it was starting an emergency airlift of tents and other supplies to Sri Lanka, where tens of thousands of people have fled fighting in the ...
FILE - Sri Lankan president Ranil Wickremesinghe arrives at the parliamentary complex in Colombo, Sri Lanka on Aug. 3, 2022. Sri Lanka’s new government plans Tuesday, Aug. 30, 2022 to present an ...
COLOMBO, Sri Lanka — Churches across Sri Lanka lit 40,000 candles June 26 to remember the 40,000 lives that were snatched away six months earlier when tsunami waves pounded the island nation ...
COLOMBO -- Sri Lanka's diplomatic failure to secure a concrete debt relief framework from China, its largest bilateral lender, is blocking access to desperately needed cash under a $3 billion ...