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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)

The Colombo District Court ordered the interim injunction issued preventing former President Maithripala Sirisena from functioning as the Chairman of the Sri Lanka Freedom Party (SLFP) to be extended until May 09. MORE..

18 Apr 2024 (12:06 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)

Indonesian authorities issued a tsunami alert Wednesday after eruptions at Ruang mountain sent ash thousands of feet high. Officials ordered more than 11,000 people to leave the area. MORE..

18 Apr 2024 (11:22 AM)

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)

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)