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Last week, U.S. President Donald Trump wrote to his Sri Lankan counterpart, Anura Kumara Dissanayake, informing him that the ...
In Sri Lanka, China's Building Spree Is Raising Questions About Sovereignty A Chinese state-owned operator took control of a port on a 99-year lease after Sri Lanka defaulted on its loans.
Sri Lanka is paying some foreign debts with tea, rather than cash. But an abrupt ban on chemical fertilizers has hurt crop yields and tea pickers are losing hours and wages as food prices double.
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Sri Lanka's economic outlook positive but global trade concerns pose risks, IMF saysCOLOMBO (Reuters) -Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social stability, the International Monetary Fund ...
Sri Lanka’s economy was valued at $85.2 billion in 2021, holding steady from previous years in spite of the effects of the COVID-19 pandemic on tourism, one of its biggest contributors to earnings.
Sri Lanka’s economic crisis is driving millions of people into poverty, jeopardizing their rights to health, education, and an adequate standard of living.
Workers representing government institutions participate in a protest against Sri Lankan President Ranil Wickremesinghe’s tax policy in Colombo, Sri Lanka, Wednesday, Feb. 8, 2023. Credit: AP ...
Protesters have stormed the presidential residence in Sri Lanka as thousands take to the streets over the president’s handling of the country’s economic crisis. Follow here for the latest news ...
Sri Lanka’s stock market has jumped 6 percent this month, its bonds have gained 20 percent this year, and its currency, the rupee, ceased sliding against the dollar.
The disruption this caused to Sri Lanka’s agriculture sector could not have come at a worse time. The tourism industry, the country’s foreign exchange earner and the backbone of its economy ...
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