Foreign reserves are a critical component of a nation’s economic stability. These reserves, which include foreign currencies, ...

Sri Lanka’s Ministry of Energy and Sinopec recently signed a landmark $ 3.7 billion agreement to construct a state-of-the-art ...

Sri Lanka’s consumer price inflation dropped to minus 2 percent year-on-year in December after easing to minus 1.7 percent in November, official data showed on Tuesday, as the country posted a strong ...

Sri Lankan President Anura Kumara Dissanayake revealed that vehicle permit holders will be given an opportunity this time, ...

Sri Lanka's foreign minister said on Wednesday that the island nation has signed an agreement with China to fast-track Sinopec's proposed $3.7 billion refinery in Hambantota.

Gotabaya Rajapaksa was forced to step down in 2022 as Sri Lanka faced its worst economic meltdown, with foreign reserves ...

Mr. Martin Raiser, Vice President for the South Asia Region of the World Bank, paid a courtesy call on Prime Minister Dr. Harini Amarasuriya at the Parliament of Sri Lanka to discuss the country’s key ...

The move aims to reduce government spending and convert the mansions into hotels or museums, with former leaders receiving a ...

Sri Lanka’s leftist government asked former presidents, including the once-powerful Rajapaksa brothers, on Tuesday to immediately vacate luxury government bungalows as part of a new austerity ...

During his visit to China from January 14-17, Sri Lankan President Anura Kumara Dissanayake secured several agreements, ...