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    Sri Lanka fears dip in tourism post Easter bombings

    25 Apr 2019

    The suicide bombings on churches and luxury hotels on Easter Sunday in Sri Lanka - in which nearly 360 people died - now threatens the economy of the island nation that is largely dependent on tourism.

    Sri Lanka, IMF to start next round of technical talks

    07 May 2022

    The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23 IMF’s mission chief for Sri Lanka, Masahiro Nozaki said

    Cash-strapped Sri Lanka gets Russian oil to ease shortages

    28 May 2022

    Cash-strapped Sri Lanka took delivery on Saturday of Russian oil -- which could soon be subject to a European embargo -- to restart operations at the country’s only refinery, the energy minister said.

    Colombo pick Mathews as Gayle joins Kandy at Lanka Premier League draft

    19 Oct 2020

    Former Sri Lanka captain in all formats Angelo Mathews, former South African skipper Faf du Plessis and Jamaican all-rounder with more than 300 T20 matches under his belt, Andre Russel are some of the top names picked by the Colombo Kings franchisee.

    Sri Lanka devalues rupee, seen as step towards getting IMF help

    08 Mar 2022

    Sri Lanka’s central bank (CB) has devalued the rupee by up to 15 per cent, taking one of several steps analysts said are needed to obtain a International Monetary Fund loan programme that would boost currency reserves and help negotiate debt

    Sri Lanka’s consumer inflation surges to 69.8% in September

    30 Sep 2022

    A key measure of Sri Lanka’s consumer inflation surged to an annual record 69.8 per cent in September, official data showed on Friday, highlighting the challenge

    IMF agrees to provide $2.9b bailout package to Sri Lanka

    01 Sep 2022

    Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout, the International Monetary Fund (IMF) said on Thursday, following a bruising economic crisis

    Sri Lanka’s economy shrinks 8.4% amid fertiliser, fuel shortages

    15 Sep 2022

    Sri Lanka’s economy shrank 8.4 per cent in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages

    Sri Lanka’s tourism sector recovers

    11 Aug 2019

    Sri Lanka’s tourism industry, badly hurt by Easter day bombings, is showing signs of gradual recovery, industry executives say, although a national election later this year is likely to weigh on holiday season arrivals.

    Ras Al Khaimah, Sri Lanka trade volume witnesses massive growth

    12 Sep 2020

    Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry received Malraj De Silva, Ambassador of the Sri Lanka to the United Arab Emirates who led a business delegation recently.

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