Sri Lanka survive Afghanistan scare to reach Asia Cup Super Four
Needing to overhaul a target of 292 in 37.1 overs to oust Sri Lanka on net run-rate, Afghanistan fell agonisingly short as Mujeeb Ur Rahman holed out with three needed from the…
Needing to overhaul a target of 292 in 37.1 overs to oust Sri Lanka on net run-rate, Afghanistan fell agonisingly short as Mujeeb Ur Rahman holed out with three needed from the…
Since June, Sri Lanka's inflation has come down sharply from the runaway levels seen earlier, also helped by a stronger rupee currency, which has lowered the costs of fuel, power…
The South Asian nation’s 22 million people suffered desperate shortages of essentials in 2022 after the government ran out of dollars to finance imports, including life-saving…
This week, the government unveiled a debt restructuring plan which offers a 30 per cent haircut for international sovereign bondholders, who account for more than a quarter of Sri…
India and Pakistan have not met on either side’s soil since 2012, and only play each other in international tournaments on neutral grounds.
This pronounced tilt towards Asia has been viewed as a significant evolution in Sri Lanka’s foreign policy.
Gunawardena has asked Prayut to invest in the “Port City Colombo” project, saying Sri Lanka can profit from Thailand’s expertise hospitality.
The loan will help stabilise the economy of the South Asian nation after Sri Lanka ran out of foreign currency and defaulted on its $46 billion debt over a year ago.
Sri Lanka's reserves dropped to record lows in April last year, triggering its worst financial crisis since independence from British colonial rule in 1948.
In addition to smouldering financial instability in Europe and the United States, the debt issue has become a flashpoint for the global economy.