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)

The Government of Sri Lanka says it hopes to continue discussions with the bondholders with a view to reaching common ground ahead of the International Monetary Fund (IMF) board consideration of the second review of Sri Lanka s Extended Fund Facility (EFF) program. MORE..

17 Apr 2024 (7:30 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)

The proposed electricity sector reforms have been published in the government gazette on Wednesday (17), as the Sri Lanka Electricity Bill . MORE..

18 Apr 2024 (11:03 AM)

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)

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)