A spate of carollers sang to the public from across the Presidential Secretariat’s heavily guarded barriers. Sri Lanka awaits an IMF bailout of US$2.9 billion (£2.4 billion). Sri Lankans endured extreme shortages of food, fuel, and other essential commodities. The throngs of protesters that held a zone around the president’s office for months during Sri … Read more
Sri Lanka is hoping to host the Asia Cup cricket tournament after the worst economic crisis. Sri Lankan cricket official says reports that the Asia Cup will be moved to another country are not true. According to Sri Lankan media, the Asia Cup is likely to be held in Sri Lanka in the current situation. … Read more
Cash-strapped After running out of dollars to pay for food and fuel, Sri Lanka announced Tuesday that it would sell long-term visas to raise much-needed foreign money. Under the “Golden Paradise Visa Program,” foreigners who invest a minimum of $100,000 locally will be granted permission to live and work in Sri Lanka for ten years. … Read more
