Sri Lanka will slash the price of 60 essential drugs by 16% from June 15, the Health Minister said on Tuesday, as the country sees a glimmer of relief from its worst financial crisis in decades. The ...

COLOMBO, Sri Lanka (AP) — Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the ...

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. Credit: AP Photo/Eranga Jayawardena For ...

Sri Lanka's interbank rates eased over the week, with call money and gilt-backed repo rates falling in tandem, data showed, which is usually indicative of slowing private credit.

The opening weeks of 2026 are offering a glimmer of cautious hope for the business community weary from years of economic ...

Adani Green Energy, the renewables arm of India’s Adani Group, is withdrawing from a planned wind power project in Sri Lanka that would have seen $1 billion in investments, due to disagreements over ...