Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service ...

Sri Lanka’s debt restructuring had to deal with several challenges: Calibrating the restructuring targets to deliver sufficient debt relief. This was a complex endeavor. As with all restructurings, ...

Sri Lanka and China have signed two Memoranda of Understanding to set up a working group on trade facilitation, and on industrial and supply chain cooperation. “China and Sri Lanka have taken steps to ...

It also had representation on the Presidential Committee formed to guide Sri Lanka’s strategic response following the April 2 tariff announcement. Looking ahead, the Ceylon Chamber will host a ...

Sri Lanka and China strengthen economic ties through trade facilitation and industrial cooperation agreements, boosting investment opportunities.

Sri Lanka's customs authorities arrested on Friday a woman and seized the largest haul of cocaine ever detected at the country's main international airport, an official said.

Sri Lanka’s recently elected President Anura Kumara Dissanayake’s political coalition, the National People’s Power (NPP), won an overwhelming amount of support from the majority Sinhalese community as ...

Beijing's rising influence in Sri Lanka and the wider Indian Ocean region has been a major source of concern for New Delhi.

March 25, 2025 This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International Monetary Fund (IMF). In the two years since its inception difficult but ...

As Sri Lanka emerges from its worst economic crisis, the new government faces the challenge of balancing recovery with sustainable growth.

Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid to full capacity after a monkey triggered a widespread blackout over the weekend that ...

China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.