Crisis-hit Sri Lanka’s inventory alternate halted once more Monday after an almost 13 percent plunge, derailing the bourse’s tentative reopening after a two-week smash aimed at forestalling a marketplace disintegrate. The island country is grappling with its worst economic downturn since independence in 1948, with months of ordinary blackouts and acute shortages of meals and … Read more
Thousands of Sri Lankan university students mobbed Prime Minister Mahinda Rajapaksa’s domestic on Sunday annoying his resignation over the island kingdom’s worsening economic crisis. Months of lengthy blackouts, file inflation, and acute meal and fuel shortages have sparked growing public discontent in Sri Lanka, which is managing its worst financial downturn when you consider its … Read more
Sri Lanka’s unheard of shortages of meals, fuel, and essential drugs will worsen earlier than a global bailout is negotiated, its finance minister warned Friday as inflation hit some other record excessive. Ali Sabry, who is in Washington for talks with global lenders, said an IMF bailout may additionally take months, however, he becomes in … Read more
Sri Lanka called out the military on Thursday to strengthen safety beforehand of a funeral for the first person killed currently, after weeks of running anti-government protests within the island state. President Gotabaya Rajapaksa ordered the three-day deployment to maintain order in the principal metropolis of Rambukkana, where police dispersed an indication with stay rounds … Read more
Tuesday’s killing of an anti-government protester in Sri Lanka sparked international outrage and a curfew in central Sri Lanka on Wednesday. As the economic situation worsened, protesters called for the resignation of President Gotabaya Rajapaksa. The administration pledged an inquiry into reports that police used excessive force in dispersing them. With frequent blackouts, acute shortages … Read more
The International Monetary Fund said Wednesday that it has pushed cash-strapped Sri Lanka to “restructure” its large foreign debt before finishing a rescue package, as anti-government demonstrations rose in intensity around the island. This week, Sri Lanka began negotiations with the International Monetary Fund (IMF) in Washington, DC, after reporting its first-ever foreign debt default. … Read more
Tens of thousands of enraged drivers blocked a major highway into Colombo on Tuesday as a result of a severe fuel shortage, according to police and local officials. Protests demanding the resignation of Sri Lanka’s President Gotabaya Rajapaksa have been ongoing since the country’s worst economic crisis since the country’s independence in 1948. Sri Lankan … Read more
Colombo: Sri Lanka’s finance minister’s aide stated on Tuesday that the country had requested immediate financial assistance from the International Monetary Fund (IMF) and that the global lender could accept it after an initial reluctance. Island residents have taken to the streets to express their displeasure with the government’s handling of their finances and rising … Read more
Sri Lanka’s Prime Minister Mahinda Rajapaksa urged for “patience” Monday as thousands continued to take to the streets to protest his family’s rule, with public anger at a fever pitch over the country’s crippling economic crisis. Sri Lanka’s 22 million residents have seen weeks of power blackouts and severe shortages of food, fuel, and even … Read more
Sri Lanka will host an all-format Australia tour in early June, the cricket board announced Friday. The county will be hosting the Aussies for the first time in six years. They will play two Tests, five one-day internationals and three Twenty20 matches starting June 7, Sri Lanka Cricket said in a statement. In Australia’s last tour in … Read more
COLOMBO – Sri Lanka’s central bank hiked interest rates by one percentage point on Friday and urged the government to increase taxes as the country skirts economic collapse. The troubled South Asian island nation is in the grip of a severe foreign exchange crisis that has led to acute shortages of food, fuel, medicines and … Read more
COLOMBO: Sri Lanka marked its independence day on Friday with an appeal to its diaspora to send money home to overcome the island’s worsening economic crisis and a pledge to protect foreign investments. President Gotabaya Rajapaksa urged millions of Sri Lankans abroad to invest their savings in their home country, which is facing its worst … Read more
COLOMBO – Sri Lanka received 82,327 tourists in January 2022 compared to 1,682 arrivals in the same month last year, data from the Sri Lanka Tourism Development Authority (SLTDA) showed Wednesday. Provisional data from the SLTDA showed that Sri Lanka started the new year with 82,327 arrivals in January, despite challenges from the COVID-19 pandemic … Read more
COLOMBO – Sri Lanka’s health authorities on Friday said with a rise in the number of Omicron infected patients, the new variant was soon becoming dominant that would overtake the Delta variant in the country. To date, over 160 people have been infected with the Omicron variant, but the number was much higher than recorded, … Read more
COLOMBO: Nine people are dead and two others missing after floods in Sri Lanka and parts of southern India caused by more than a week of pounding rains. Nearly half of Sri Lanka’s 25 districts have been hit by the deluge, with the worst affected areas in and around the island’s tea-growing Central Highlands. “Five deaths and … Read more
COLOMBO: Sri Lanka’s first Test captain, who was hit with a 25-year ban for leading a rebel cricket team to South Africa in breach of an international boycott, died Monday, his colleagues said. Bandula Warnapura, 68, died of a heart attack after undergoing a leg amputation for complications arising from diabetes, people close to him told AFP. … Read more
LAHORE: Left-handed top-order batter Saud Shakeel will captain future Pakistan hopefuls on the tour of Sri Lanka, which will comprise two four-day fixtures and three 50-over matches in Kandy and Colombo from 28 October to 14 November. Saud played in three One-Day Internationals against England earlier this summer, while other internationals named in the 19-player … Read more
Opening batsman Avishka Fernando hit 118 to lead Sri Lanka to a 14-run win over South Africa in the first ODI in Colombo on Thursday. Sri Lanka won the toss and elected to bat first. The hosts scored 300 runs for the loss of nine wickets. Fernando scored his third century in his ODI career. … Read more
COLOMBO: The number of people infected with dengue fever has risen to over 17,000 in Sri Lanka so far this year and the virus has caused seven deaths, health officials said on Thursday. Most recently, over 300 confirmed dengue cases were reported and over 90 of them were in Colombo, they said. Health officials also … Read more
Pakistan Prime Minister Imran Khan has arrived Sri Lanka for a two-day visit where he will hold talks focusing on increasing trade and investment. According to the details, Imran Khan with his delegation landed at Bandranaike International Airport in Colombo. Upon arrival, Prime Minister Imran Khan was presented with the Guard of Honour. Pakistan and … Read more
The right-arm fast-bowler Malinga, went past former Pakistan all-rounder Shahid Afridi in taking most wickets in the international cricket. According to details, Malinga claimed the 99th wicket of his career during the first T20I against New Zealand in Colombo by dismissing Colin de Grandhomme in the 14th over of the innings. Afridi, a leg-spinner who … Read more
