With one eye on China, Japan backs Sri Lanka as a partner in the Indo-Pacific
Japan’s Foreign Minister Yoshimasa Hayashi says that Sri Lanka's strategic location in the Indian Ocean makes it a key p...
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French President Macron visits his counterpart in Sri Lanka
French President Emmanuel Macron is visiting his Sri Lankan counterpart in the first visit by a French leader to the Ind...
Sri Lanka's Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis
Sri Lanka’s Cabinet has approved a program to restructure the country’s staggering domestic debt as the island nation st...
US company signs agreement to enter retail fuel market in crisis-hit Sri Lanka
A U.S. petroleum company has signed an agreement with Sri Lanka allowing it to import and sell fuel in the country as th...
IMF says Sri Lanka's economic recovery shows signs of improvement but challenges remain
The International Monetary Fund says that debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs...
Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding
Sri Lanka’s Central Bank has reduced its interest rates for the first time since the island nation declared bankruptcy l...
Sri Lanka seeks $17 billion debt reduction by restructuring
Sri Lanka’s president has asked its parliament to approve a four-year International Monetary Fund program to restructure...
Sri Lanka slashes fuel prices in welcome relief amid crisis
Sri Lanka’s government has announced significant cuts in fuel prices, providing welcome relief for many after a year of...
IMF to assess Sri Lankan governance as part of $3B bailout
The International Monetary Fund says it is assessing Sri Lanka's governance in the first case of an Asian country facing...
Sri Lanka leader says IMF deal imminent after China's pledge
Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get...
