Govt gazettes new anti-corruption bill after IMF deal
President Ranil Wickremesinghe has said that Sri Lanka will enact key points of its agreement with the IMF into law upon parliamentary approval, with the anti-corruption…
Sri Lanka
Sri Lanka will have best anti-corruption law in South Asia soon: President
President Ranil Wickremesinghe said necessary steps will be taken to pass the best anti-Corruption Act in South Asia.
$4b IMF bailout for ailing Sri Lanka comes with tough reforms
Nearly a year in the making, the IMF bailout is a lifeline for the bankrupt island nation that has barely any foreign exchange reserves to repay debts running into the billions or…
Russian oil for South Asia
The most significant fallout of the Russia-Ukraine war was its impact on the energy market and South Asia was no exception, says the writer.
Sri Lanka showcases trade, tourism, investment opportunities in Dhaka
The event, attended by diplomats, government officials, corporate sector workers, and travel agents, was organised in line with the celebration of the 75th Anniversary of the…
Sri Lanka’s investment information to be digitised
The purpose of this move is to encourage and promote investment opportunities in Sri Lanka.
Sri Lanka bans single-use plastics
Cabinet spokesman Bandula Gunawardana said the manufacture or sale of plastic cutlery, cocktail shakers and artificial flowers will be prohibited from June.
China offers Sri Lanka debt moratorium, IMF help still in doubt
India wrote to the IMF earlier this month, saying it would commit to supporting Sri Lanka, but the island nation also needs the backing of China in order to reach a final…
India befriends Sri Lanka as China’s shadow looms
Regional security would always be a focus for New Delhi, said a source with knowledge of the matter, at a time of persistent friction with China along their Himalayan frontier.
Sri Lanka freezes govt recruitment in fresh austerity drive
The Indian Ocean island nation needs to achieve debt sustainability as a precondition to a $2.9 billion bailout from the Washington-based lender after it defaulted in April.