Colombo: Sri Lankan President Ranil Wickremesinghe on Wednesday endorsed a proposal by state-owned fuel importer and distributor Ceylon Petroleum Corporation (CPC) to lower the price of k ...

Colombo: Experts in Sri Lanka are doubting the feasibility of the Port City Colombo (PCC), a vast new Chinese-built reclaimed commercial zone in the capital city, especially at a time whe ...

Colombo: A study has found Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by the end of last year, media reports said on Wednesday.

Colombo: Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu has said  China’s unwillingness to accept the proposed debt restructuring m ...

Colombo: The nationwide food inflation in Sri Lanka has peaked to 85.8 per cent in September, up from 84.6 per cent in August, it was reported on Wednesday.

Colombo: Sri Lanka’s inflation, as measured by the year-on-year change in the Colombo Consumer Price Index, has spiked to  69.8 percent in September 2022 from 64.3 percent a mo ...

Sri Lanka's economy has officially entered into a period of recession with back-to-back negative growth rates in the first and second quarters amid unending economic and political tur ...

Berlin: German politician Jo Leinen, who is also a former Minister of Environment and Member of the European Parliament, has said Sri Lanka might be the most glaring example of how the BR ...

Colombo: Sri Lanka's Colombo Stock Exchange (CSE) declared on Tuesday a market holiday as a nationwide curfew was imposed due to street unrest.