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Sri Lanka’s central bank chief to reduce interest rates in 2023
Colombo: Steps will be taken in 2023 to reduce key interest rates in Sri Lanka, said Governor of Central Bank of Sri Lanka, Nandalal Weerasinghe. Weerasinghe told media on Sunday that inflation…
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Sri Lanka’s GDP contracts 11.8% in Q3
Colombo: Amid the ongoing economic crisis, Sri Lanka’s Department of Census and Statistics said that the island nation’s estimated gross domestic product (GDP) contracted by 11.8 per cent year-on-year in the third…
- World
Sri Lanka discusses nuclear energy cooperation with Russia
Colombo: Sri Lankan Minister of Power and Energy Kanchana Wijesekera said on Thursday that the South Asian country is discussing nuclear energy cooperation with Russia. The minister said he met with the…
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India’s Chief of Naval Staff in Sri Lanka on 4-day visit
Colombo: India’s Chief of Naval Staff (CNS), Admiral R. Hari Kumar is on a four-day official visit to Sri Lanka during which he is scheduled to call on President Ranil Wickremesinghe, Prime…
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Sri Lanka plans to end power cuts next year
Colombo: Sri Lanka’s Power and Energy Minister Kanchana Wijesekera on Saturday said that he will take all possible measures to ensure uninterrupted power supply by January next year. Sri Lanka has been…
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Fire in Colombo destroys 80 houses
Colombo: At least 80 houses were destroyed due to a fire that broke out in a highly populous area in Colombo, with around 220 people displaced, Sri Lankan police said on Wednesday.…
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Sri Lanka’s former president Sirisena named suspect in Easter Sunday attacks
Colombo: A Sri Lankan court on Friday named former president Maithripala Sirisena as a suspect in the 2019 Easter bombings in which 270 people, including 11 Indians, were killed. The Colombo Fort…
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Over 200,000 Sri Lankans leave for foreign jobs in 2022
Colombo: Sri Lanka’s Minister of Labour and Foreign Employment Manusha Nanayakkara said that more than 200,000 Sri Lankans have left for foreign jobs in 2022 so far. He said that these are…
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Sri Lanka won’t extend state of emergency
Colombo: Sri Lankan President Ranil Wickremesinghe will not extend a state of emergency declared during the anti-government protests, his office announced on Wednesday. After the improvement of the situation Wickremesinghe sees no…
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SL: Hard economic times would last another year: Wickremesinghe
Colombo: President Ranil Wickremesinghe has said that Sri Lanka’s economic woes would last for another year and it will have to think outside the box and look at new sectors like logistics…
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US Embassy in Colombo cancels consular services for 2 days
Colombo: The US Embassy in Colombo on Wednesday cancelled its consular services as a precaution for the next two days, amidst the deepening political turmoil and economic crisis in Sri Lanka. “Out…
- India
India stands with people of Sri Lanka: MEA on dramatic political developments in Colombo
New Delhi: India on Sunday said it stands with the people of Sri Lanka as they seek to realise their “aspirations” for progress through democratic means and constitutional framework, a day after…
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Sri Lanka IOC suspends fuel distribution for 2 days over mass protest fears
Colombo: Lanka IOC, the subsidiary of Indian Oil Corporation in Sri Lanka, on Friday announced that it was suspending fuel distribution for two days in view of the mass public protest demanding…
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Massive crowd to march to Colombo demanding Sri Lankan Prez, govt to step-down
Colombo: Sri Lanka’s opposition parties, religious groups, civil rights activists have planned a massive march to capital Colombo on Saturday demanding President Gotabaya Rajapaksa and the government to step down amidst unprecedented…