Sri Lankan inflation rises to 1% in October
COLOMBO (Reuters) – Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday. The National Consumer Price Index (NCPI),…
COLOMBO (Reuters) – Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday. The National Consumer Price Index (NCPI),…
(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missed interest and principal payments. The South Asian nation,…
(Reuters) – Foreign mutual funds which have exposure to Sri Lankan equities have posted steep losses in their net asset values this year, prompting their fund managers to look for…
Sri Lankan Parliament Elects Allegedly Corrupt Former Prime Minister As President Micaela Burrow on July 20, 2022 Sri Lanka’s parliament elected former prime minister Ranil Wickremesinghe, a figure seen by…
(Reuters) – Sri Lanka’s new president will have to deal with daunting political challenges and his reforms should include tax rises to stabilize a devastated economy, the central bank governor…
Sri Lankan President Officially Resigns, Ousted PM Takes His Place Micaela Burrow on July 15, 2022 Former Prime Minister Ranil Wickremesinghe stepped in as acting president Friday after the former…
Sri Lankan Prime Minister To Resign After Protests Over Collapsed Economy Micaela Burrow on July 9, 2022 Sri Lanka’s prime minister has agreed to step down after mass protests over…
By Alasdair Pal and Uditha Jayasinghe COLOMBO – On Monday morning, hundreds of supporters gathered at the prime minister’s official residence in Sri Lanka’s commercial capital of Colombo where they…
By Uditha Jayasinghe and Alasdair Pal COLOMBO – Missing both legs and an arm, former special forces soldier Thushara Kumara is an unlikely critic of Gotabaya Rajapaksa, a wartime defence…
WASHINGTON – A former ambassador for Sri Lanka pleaded guilty today to diverting and attempting to embezzle $332,027 from the government of Sri Lanka…
By Uditha Jayasinghe and Devjyot Ghoshal AGBOPURA, Sri Lanka – W.M. Seneviratne sat watching a mechanised harvester slice through the jade green fields around him in eastern Sri Lanka’s Agbopura…