Sri Lanka flags return to growth, protesters demand tax cuts COLOMBO: Sri Lanka’s economy is expected to grow again from the end of this year and the government hopes the... Published 08 Feb, 2023 05:00pm
World India to back Sri Lanka’s debt restructuring plan COLOMBO: India will support Sri Lanka’s debt restructuring plan, Bloomberg News reported on Tuesday, as the island... Published 17 Jan, 2023 01:02pm
World Sri Lanka to cut recurrent budget expenditure by 6% in 2023 COLOMBO: Sri Lanka’s cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6% in 2023 as the... Published 17 Jan, 2023 11:28am
World Sri Lanka to slash military by a third to cut costs COLOMBO: Sri Lanka will slash its army by a third to 135,000 personnel by next year and to 100,000 by 2030, the... Updated 13 Jan, 2023 02:41pm
World Sri Lanka finalises oil exploration rules, earmarks 900 offshore blocks COLOMBO: Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore... Published 12 Jan, 2023 06:38pm
World Bankrupt Sri Lanka says treasury running dry, cuts spending COLOMBO: Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough... Published 10 Jan, 2023 04:26pm
Markets Crisis-hit Sri Lanka targets $1.4 billion in tea earnings COLOMBO: Sri Lanka’s tea industry could earn $1.4 billion this year despite the lowest production in decades and... Published 04 Nov, 2022 06:19pm
World Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan COLOMBO: Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency... Updated 31 Aug, 2022 12:19pm
World Sri Lanka says IMF bailout talks in ‘final stage’ COLOMBO: Cash-strapped Sri Lanka’s president announced further tax hikes and sweeping reforms on Tuesday, saying... Published 31 Aug, 2022 05:50am
World Sri Lanka says IMF bailout talks in ‘final stage’ COLOMBO: Cash-strapped Sri Lanka’s president announced further tax hikes and sweeping reforms on Tuesday, saying... Published 30 Aug, 2022 06:15pm
World Children ‘going to bed hungry’ in bankrupt Sri Lanka: UN COLOMBO: Children in Sri Lanka are “going to bed hungry” because of the island nation’s economic crisis, the UN said... Published 26 Aug, 2022 07:41pm
World Sri Lanka’s ousted president Rajapaksa arrives in Thailand Sri Lanka’s former President Gotabaya Rajapaksa has arrived in Thailand on Thursday for a temporary stay, according... Updated 11 Aug, 2022 07:08pm
World Sri Lanka president hits airport standoff in escape attempt COLOMBO: Sri Lanka's embattled president was stuck in his own country Tuesday in a humiliating standoff with airport... Updated 12 Jul, 2022 01:34pm
World Sri Lanka cabinet to make way for unity govt amid political and economic meltdown COLOMBO: Sri Lanka’s president and the cabinet will make way for a unity government, the prime minister’s office... Published 11 Jul, 2022 05:40pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?