Showing 1 - 10 of 81
Former Sri Lankan president held on graft charges
The New York Times, Published on 23/08/2025
» A former Sri Lankan president who helped to steer the country through a painful economic crisis but lost to a populist leader in the 2024 election was arrested on Friday on charges that he had used public funds for personal travel during his two-year tenure.
Leftists sweep Sri Lankan parliamentary poll
Reuters and Kyodo News, Published on 15/11/2024
» COLOMBO - The sweeping election win by the coalition of Sri Lankan President Anura Kumara Dissanayake has underlined widening support for his leftist policies, but he faces the test of steering the recovery from a financial crisis with an inexperienced set of lawmakers.
Marxist leads presidential vote as Sri Lanka rejects the old order
The New York TImes, Published on 22/09/2024
» COLOMBO, Sri Lanka — Marxist candidate Anura Kumara Dissanayake led the early counting in Sri Lanka’s presidential elections Sunday, riding a wave of popular anger at the established political order that has run the South Asian nation’s economy into the ground.
Rajapaksa scion running for president of Sri Lanka
Bloomberg and Reuters, Published on 07/08/2024
» COLOMBIA - A scion of the powerful Rajapaksa clan is running for the presidency of Sri Lanka in elections next month, more than two years after his populist uncle had to flee the country and resign amid an economic crisis.
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.
Court says Sri Lankan ex-leaders can be prosecuted
Reuters and AFP, Published on 07/10/2022
» COLOMBO: Sri Lanka’s top court has granted permission for proceedings against former president Gotabaya Rajapaksa, according to the rights group that filed the case against him.