Sri Lanka's President Anura Kumara Dissanayake will unveil the national budget on Friday, emphasizing economic reforms to ...

Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output it lost to the 2022 ...

In this March 25, 2022, Sri Lankans wait in a queue to buy cooking gas in Colombo, Sri Lanka, during a period of widespread shortages on energy and electricity. For now, Sri Lanka’s severe economic ...

A Sri Lankan woman works on a sewing machine in the apparel industry, one of the biggest earners of foreign exchange in Sri Lanka. Last week, U.S. President Donald Trump wrote to his Sri Lankan ...

(Reuters) -Sustaining Sri Lanka's reform momentum is critical to safeguarding the country's macroeconomic stability, the International Monetary Fund said on Friday after its staff concluded a visit to ...

Forbes contributors publish independent expert analyses and insights. I write about Asian economics and technology news. Supporters of Sri Lanka's newly elected President Anura Kumara Dissanayake, ...

COLOMBO (Reuters) -Sri Lanka's garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump's administration's 30% tariff on the nation has placed it at a ...

COLOMBO, April 2, 2024—Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still ...

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The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development financing.