SRI Lanka is considering an offer from Bank of China for a loan of US$300 million, which could be raised to US$1 billion, to help it meet repayments during coming months, two sources in Colombo with...

[COLOMBO] Sri Lanka is considering an offer from Bank of China for a loan of US$300 million, which could be raised to US$1 billion, to help it meet repayments in coming months, junior finance...

[COLOMBO] Sri Lanka will repay a US$1 billion five-year sovereign bond due on Monday entirely from its reserves, central bank governor Indrajit Coomaraswamy said, after three of its state-run banks...

[COLOMBO] Sri Lanka plans to restrict foreign holdings of government securities to a maximum 5 per cent from the current 10 per cent to prevent possible hot money flows and improve the quality of...

[COLOMBO] Three lawmakers from Sri Lankan President Maithripala Sirisena's party defected to the government of Prime Minister Ranil Wickremesinghe on Tuesday after a dispute between the two...

[COLOMBO] The Sri Lankan rupee strengthened on Monday while bond yields dropped as a seven-week political crisis appeared to ebb after President Maithripala Sirisena reinstated the premier he had...

RANIL Wickremesinghe was sworn in as Sri Lanka's prime minister on Sunday, making a remarkable comeback weeks after being ousted by President Maithripala Sirisena under controversial...

SRI LANKA'S top court ruled against President Maithripala Sirisena's plan to dissolve the island nation's parliament and call a new national vote, extending a political crisis that has...

[COLOMBO] Sri Lanka's Supreme Court opened the way for potential impeachment proceedings against the president on Thursday, ruling that he broke the law by dissolving parliament last month...

SRI LANKA'S legislature voted overwhelmingly on Wednesday to demand the reinstatement of prime minister Ranil Wickremesinghe, as a bitter power struggle plays out in a government headed for...