New Mexico’s ‘Free’ Child Care an Attempt to Cover for Past Failures Audio By Carbonatix Sri Lanka, an island nation of 22 million people, is in the grips of an economic meltdown. This slow-motion ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will exchange currency with China under a 10 billion yuan (about $1.5 billion) agreement aimed at promoting trade and investment between the two countries, the ...

COLOMBO (Reuters) - Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepening economic crisis roiled markets and the electricity regulator urged ...

The agreement-in-principle with Bondholders of SriLankan Airlines marks a crucial breakthrough for the Government few thought possible, although Sri Lanka still needs International Monetary Fund (IMF) ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months, ...

The system addresses lags associated with conventional payment methods and offers competitive transaction fees.

The Sri Lankan central bank will prioritise reducing foreign debt and look at managing the current account and currency better in order to address the country's economic challenges, the bank's newly ...

On my first trip back to Sri Lanka since February 2010 I noticed plenty of positive changes. New construction, cleaner streets and a lighter security presence (a bloody civil war ended in May 2009).

Sri Lanka ends 2021 with foreign currency reserves in hand (US$1.6 billion) to support a month of imports. For much of the year, a shortage of dollars saw uncleared essential imports piling up at the ...