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 ...

Sri Lanka has blocked several multinational companies that wanted to set up industries using coconut husks to protect less efficient local businesses, Plantation and Community Infrastructure minister ...

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.

Developing natural gas resources will help the country overcome its economic crisis, provide energy security, and lower carbon dioxide emissions. In this March 25, 2022, Sri Lankans wait in a queue to ...

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 ...