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Latest Articles in sri lanka

US Advises Its Citizens Against Travelling To Sri Lanka Amid Crisis

Amid the ongoing unrest in Sri Lanka owing to its economic crisis, the United States on Wednesday advised its citizens against travelling to the island nation, pointing to the shortage

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Sri Lankan New Finance Minister Resigns A Day After Appointment

Sri Lanka is currently experiencing its worst economic crisis in history. With long lines for fuel, cooking gas, essentials in short supply and long hours of power cuts, the public has been suffering for months

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Monitoring Political And Economic Developments In Sri Lanka 'Very Closely': IMF

President Gotabaya Rajapaksa on Monday dissolved the cabinet and appointed a new finance minister, while also seeking a new central bank governor

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Sri Lanka Central Bank Governor Quits Amid Mounting Economic Woes

He stepped down after all members of Sri Lanka's cabinet, apart from President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, quit late on Sunday

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Unviable Populist Schemes May Create SL-like Situation: Bureaucrats To Modi

He also asked secretaries to give feedback and suggest loopholes in policies of the government, including those which are not related to their respective ministries

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Sri Lankan Cabinet Barring President And PM Resigns As Crisis Deepens

Education Minister Dinesh Gunawardena told reporters that all 26 ministers have stepped down, barring the President and PM

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Crisis In Sri Lanka: Air India Scales Down Flights To Island Nation Due To Poor Demand

Sri Lanka is currently experiencing its worst economic crisis in history. With long lines for fuel, cooking gas, essentials in short supply and long hours of power cuts, the public has been suffering for weeks

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Lanka Economic Crisis: Ruling Coalition Urges Prez To Form All-party Govt

We have entrusted the party leaders to make a decision as to whether the SLFP would leave the government if the government ignored our request to form an all-party government, Jayasekera said

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India Starts To Export 40,000 Tonnes Rice To Sri Lanka

India has started trading 40,000 tonnes of rice for prompt shipment to Sri Lanka in the first major food aid since Colombo secured a credit line from New Delhi

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Sri Lanka Declares Emergency After Violent Protests Over Economic Crisis

In a Sri Lankan government gazette notification, Rajapaksa said the decision was taken in the interests of public security, the protection of public order, and to ensure the maintenance of supplies and essential services

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The Economic Crisis In Sri Lanka Deepens

The island nation of 22 million people is struggling with rolling power cuts for up to 13 hours a day as the government is unable to make payments for fuel imports because of a lack of foreign exchange

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Sri Lanka Plunges Into 10-hour Daily Power Cut As Fuel Crisis Worsens

The Sri Lankan government on Wednesday imposed a nationwide 10-hour daily power cut due to shortage of hydro-electricity triggered by non-availability of fuel

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Jaishankar Arrives In Lanka To Hold Bilateral Talks, Attend BIMSTEC Summit

New Delhi had extended a USD 500 million line of credit to Colombo in February to help it purchase petroleum products

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Colombo Port City To Be A Regional Services Hub of South Asia: Saliya Wickramasuriya

Sri Lanka is embarking on the mega projects which aim to position the island nation as a regional services hub of South Asia. While Sri Lanka is facing the acute economic crisis, it continues to expand its national projects like the Colombo Port City development project. Sri Lanka is striving to build upon the robust maritime trade and scale up port infrastructure that will unfold immense potential across the oceans. Saliya Wickramasuriya, Member and Official Spokesperson, Port City Economic Commission, Government of Sri Lanka speaks with BW Businessworld on the scale of the development and the potential it offers for the Indian investors

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Sri Lankan Economic Crisis: Finance Minister Basil Rajapaksa Calls On PM Modi

Finance Minister Rajapaksa noted the deepening of people-to-people relations between both countries, including in the cultural sphere, according to the PMO

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