Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, President Anura Kumara Dissanayake said on Monday, in the aftermath of the Indian Ocean ...

India has unveiled plans to supply LNG to Sri Lanka, with ambitions to connect the power grids between the two nations and establish a petroleum pipeline.

Sri Lanka's lawmakers on Wednesday passed a bill to regulate online content, the speaker of the parliament announced, a law which opposition politicians and activists allege will muzzle free speech.

By Rathindra Kuruwita The Presidential Task Force for the Clean Sri Lanka Programme has announced an ambitious plan to establish a nationwide public toilet network by leveraging petrol stations across ...

Sri Lanka’s Parliament voted to support a proposal to restructure a staggering domestic debt in a special session Saturday as the Indian ocean island nation struggles to emerge from an ...

Sri Lanka’s commercial banks have been excluded from the nation’s local debt restructuring strategy, according to a person familiar with the matter, in a decision that may calm fears of ...

Cash-strapped Sri Lanka will announce its domestic debt restructuring strategy this week, in a crucial step toward striking a deal with the island nation’s creditors.

The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development financing.

Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority in 1977, he introduced a French-style executive presidency and ...

Sri Lanka is among the small open economies that face major risks such as tariffs, geopolitical conflict and economic fragmentation, said Gita Gopinath, the IMF's first deputy managing director.

Sri Lanka defaulted on its foreign debt at the height of the crisis in 2022 but is close to finalising a $22.5-billion rework with support from the global lender.