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SRI LANKA

SRI LANKA'S central bank cut its main lending rate today (31) in a bid to revive the island's economy, which was battered by the...
SRI LANKA fears its lucrative tourism industry could see arrivals drop up to 30 per cent, with losses of $1.5 billion this year, after...
IN THE wake of serial bomb blasts in Sri Lanka on Easter Sunday, several airlines and travel booking firms hae agreed to waive cancellation...
PLANTATIONS in Sri Lanka that supply tea stamped slavery-free to top global companies are under investigation by ethical label groups after an expose found...
SRI LANKAN police yesterday (25) arrested a former central bank deputy governor and four board members of primary dealer Perpetual Treasuries Ltd for their...
OMAN'S oil ministry today (20) denied being part of a £2.92 billion ($3.85bn) plan to build an oil refinery in Sri Lanka, a day...
INDIA'S Accord Group and Oman's Ministry of Oil and Gas have signed a $3.85 billion (£2.91bn) deal to build an oil refinery in Sri...
SRI Lanka on Tuesday (5) boosted spending on state employees, pensioners and the armed forces, and promised many rural infrastructure projects in a 2019...
India’s central bank, Reserve Bank of India (RBI) has agreed to provide $400 million to the Central Bank of Sri Lanka (CBSL) under its...
Hambantota port to China
On Saturday Sri Lanka formally handed over the southern sea port of Hambantota to China on a 99-year lease. Last year, Ravi Karunanayake the former finance minister had...

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