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Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel s operations in the island nation, the companies said on Thursday, nearly a year after the merger was announced. MORE..

18 Apr 2024 (3:04 PM)

Iranian emergency services rescued 21 Sri Lankan crew of a ship that capsized in heavy storms in the Gulf of Oman, state media reported Wednesday. MORE..

17 Apr 2024 (11:02 PM)

The State-Owned Enterprise Restructuring Unit (SRU) of the Finance Ministry has officially released the names of the local and foreign firms that have submitted responses to the respective requests for quote and the shortlisted bidders for the divestiture of shares held by the Government of Sri Lanka in several key state-owned enterprises... MORE..

18 Apr 2024 (6:21 PM)

Ukraine s prime minister has told the BBC there will be a "Third World War" if Ukraine loses its conflict with Russia, as he urged the US Congress to pass a long-stalled foreign aid bill. MORE..

18 Apr 2024 (4:11 PM)

The International Monetary Fund (IMF) stands ready to support Sri Lanka s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. MORE..

18 Apr 2024 (2:03 PM)

Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to strategists at Standard Chartered. MORE..

17 Apr 2024 (10:28 PM)