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Sri Lanka
Female-headed homes hit hard by acute food insecurity in Sri Lanka
Asia’s highest inflation rates and ongoing fuel scarcity continue to threaten food security in Sri Lanka.
Sri Lanka continues to experience an unprecedented economic crisis with high inflation, rising commodity prices, power shortages…
Sri Lanka power cuts – wrong oil blamed
A senior Sri Lankan official has blamed poor quality crude oil imports for the shutdown of a power plant, leading to extended blackouts.
Utility regulator chief Janaka Ratnayake said the oil burnt in the furnaces had too much…
US announces $40 million agricultural aid to Sri Lanka
The United States on Saturday announced $40 million in aid to buy fertilizer and other key agricultural inputs in time for the next cultivation season in crisis-hit Sri Lanka.
USAID Administrator Samantha Power, who is visiting Sri Lanka,…
Sri Lanka must ‘reverse the drift towards militarisation’: UN
Sri Lanka must immediately reverse its “drift towards militarisation”, the United Nations has said in a human rights report, calling on the new government to engage in dialogue “to advance human rights and reconciliation”.
The South…
Ousted Sri Lanka leader Gotabaya Rajapaksa faces arrest calls after return
Deposed Sri Lankan president Gotabaya Rajapaksa faced calls for his arrest on Saturday (Sep 3) after returning home from self-imposed exile under the protection of his successor's government.
Rajapaksa fled the island nation under…
Ex-president Gotabaya Rajapaksa set for return to Sri Lanka
Sri Lanka's former president Gotabaya Rajapaksa is expected to return to the island nation some time on Friday, after he fled anti-government protests in July, a spokesman from the Department of Information said.
Other informed sources…
IMF says it needs assurances from Sri Lanka’s creditors
The country’s debt burden is considered ‘unsustainable’ leading the lender to seek assurances from creditors.
The International Monetary Fund (IMF) has said it will need “adequate assurances” from Sri Lanka’s creditors for a new program as…
Sri Lanka looks to Saudi travelers to boost tourism industry
Travel industry players in Sri Lanka are hoping to attract more tourists from Saudi Arabia as the island nation grapples with an ongoing crisis in its tourism economy.
Tourism has long been a key source of capital for Sri Lanka. In 2018…
Sri Lanka central bank holds rates steady
Policy makers are assessing effects of interest hikes this year on cooling price growth, amid an unprecedented economic crisis.
The Central Bank of Sri Lanka (CBSL) has kept its key rates steady, a widely anticipated move as it awaits the…
Chinese ‘spy ship’ Yuan Wang 5 docks in Sri Lanka despite Indian concern
A Chinese research ship has docked in Sri Lanka's Hambantota port despite Indian concerns.
The Yuan Wang 5 was given permission to dock on the condition it would not carry out research while in Sri Lankan waters, said…