Showing 1 - 10 of 57
Sri Lanka unveils debt restructuring plan
AFP, Published on 29/06/2023
» COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.
Phony claims swirl around Sri Lanka's holiest tree
AFP, Published on 02/06/2023
» ANURADHAPURA (SRI LANKA) - When social media was inundated with rumours that Sri Lanka's holiest tree was being harmed by 5G mobile signals, Colombo's cash-strapped government pulled out all the stops.
IMF links Sri Lanka bailout to tackling corruption
AFP, Published on 21/03/2023
» COLOMBO: Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation.
China agrees to restructure Sri Lanka loans
AFP, Published on 07/03/2023
» COLOMBO: Sri Lanka's president said on Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clearing the final obstacle to a long-awaited International Monetary Fund bailout.
Sri Lanka outlaws strikes as anti-tax protests spread
AFP, Published on 28/02/2023
» COLOMBO - Sri Lanka's government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-day national stoppage called by unions to protest against painfully high taxes and utility bills.
Ousted Sri Lanka leader faces arrest calls
AFP, Published on 03/09/2022
» COLOMBO: Deposed Sri Lankan president Gotabaya Rajapaksa faced calls for his arrest Saturday after returning home from self-imposed exile under the protection of his successor's government.
Chinese 'spy ship' docks in Sri Lanka despite India, US concerns
AFP, Published on 16/08/2022
» HAMBANTOTA, Sri Lanka: A Chinese research vessel docked at Sri Lanka's Chinese-run southern port of Hambantota on Tuesday despite concerns from India and the United States about its alleged spying activities.
Shortages leave bankrupt Sri Lanka's hospitals empty
AFP, Published on 26/07/2022
» COLOMBO - Entire wards are dark and nearly empty in Sri Lanka's largest hospital, its few remaining patients leaving untreated and still in pain, and doctors prevented from even arriving for their shifts.
Security forces dismantle Sri Lanka's main protest camp
AFP, Published on 22/07/2022
» COLOMBO - Sri Lankan security forces raided the main anti-government protest camp in the capital Colombo early Friday, dismantling it and evicting activists gathered outside the president's office.
New Sri Lanka president sworn in eyeing unity government
AFP, Published on 21/07/2022
» COLOMBO: Sri Lanka's six-time prime minister Ranil Wickremesinghe was sworn in Thursday as president of the crisis-hit island nation, with plans to form a unity government to manage the turmoil.