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The Latest Breaking News from Colombo

Sri Lanka to get first tranche of $2.9bn bailout in two days: IMF

Global lender says island nation battling its worst economic crisis in seven decades will get $330m in next two days.

Al Jazeera

Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days

Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped country to rein in its debt to sustainable levels.

Reuters

Half of Sri Lanka families reducing children food intake: Charity

Government and global community must act to prevent children from ‘becoming a lost generation’, warns Save the Children.

Al Jazeera

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‘A place of healing’: comfort for young cancer patients amid Sri Lanka’s economic crisis

The families of sick children have been pushed into poverty to access the country’s severely limited care services. Now a refuge is about to open its doors

The Guardian - UK

Sri Lanka’s Chinese-built port city stirs white elephant fears

Sri Lankans are questioning the feasibility of Port City Colombo as their country faces its worst economic crisis.

Al Jazeera

Sri Lankans lament Independence Day pomp amid economic crisis

Armed troops parade in Colombo amid criticim over the event’s cost at a time of dire economic crisis.

Al Jazeera

Celebrated athlete Susanthika appointed by Sri Lanka to promote women's cricket

COLOMBO: Legendary track athlete and Olympic silver medallist Susanthika Jayasinghe has been appointed by Sri Lanka Cricket (SLC) to promote women's cricket in the country.

The Times of India

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Sri Lanka Seeks to Benefit from Saudi Mining Experience

Sri Lanka’s Environment Minister Naseer Ahmed emphasized the presence of prospects for cooperation between Colombo and Riyadh in various fields, especially the mining sector. Looking forward to strengthening cooperation with Saudi Arabia in the mining sector, Ahmed said his country could benefit from the Kingdom’s experiences in developing the mineral…

Asharq Al-Awsat

India foreign minister visits Sri Lanka with stronger ties, China in focus

India's foreign minister arrives in Colombo on Thursday following his country's backing of Sri Lanka for a $2.9 billion International Monetary Fund (IMF) loan, leaving China as the island's last remaining major creditor which has yet to agree to the debt restructuring plan.

Reuters

Trysts With Sri Lanka’s Ghosts

In the Booker Prize-winning “The Seven Moons of Maali Almeida,” the past haunts a country racked by unresolved death.

Foreign Policy

India makes inroads into Sri Lanka under China's long shadow

When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.

Reuters

Sri Lanka's cancer patients struggle amid economic chaos

Priyantha Kumarasinghe starts his day in the small Sri Lankan town of Maharagama with a breakfast of two biscuits and a small glass of tea, followed by a round of cancer medicines.

Reuters

Indian boxer Urvashi Singh wins two WBC titles in Colombo

NEW DELHI: Indian boxer Urvashi Singh beat Thailand's national champion Thanchanok Phanan in a 10-round contest to claim the WBC International Super Bantamweight title as well as the WBC Asia Silver crown in Colombo.

The Times of India

Sri Lanka must use its ports for economic growth: President Ranil Wickremesinghe

COLOMBO: Sri Lanka must use its ports and strategic location for its economic growth, President Ranil Wickremesinghe said on Friday while expressing regret over scrapping of the country's trilateral deal with India and Japan to develop the Colombo Port's Eastern Container Terminal.

The Times of India

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The Times of India

Asia's richest man challenges China in show of support for PM Modi

COLOMBO: A small group of fishermen ply the shallow coastal water along Pooneryn in northern Sri Lanka, an impoverished, remote area within striking distance of India's southern tip. It's where Gautam Adani -- the Indian billionaire who is Asia's richest man and has vaulted ahead of Jeff Bezos this year…

Reuters

Hundreds march in crisis-hit Sri Lanka protesting tax hikes, crackdowns

Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.

The Guardian - UK

‘Parents can’t afford meat, eggs and milk’: children bear the brunt of Sri Lanka’s economic crisis

Child malnutrition is soaring as inflation hits 94.9%, and many are missing school because parents do not have the cash to send them

Al Jazeera

Protests in Sri Lanka over economic crisis and police brutality

Despite earlier brutal crackdowns, protesters gathered in Colombo to express discontent at the dire economic situation.

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The Times of India

'Cricket festival like never before': Indo-Pak fans light up MCG

MELBOURNE: If one has heard the 'Jana Gana Mana' at Johannesburg, Mirpur, Colombo, Kolkata, Birmingham, Adelaide, London and Manchester during an India-Pakistan game, he would vouch that Sunday was different at the Melbourne Cricket Ground.

The Times of India

T20 World Cup: India vs Pakistan - Interesting statistics & trivia

Though the threat of rain looms large over the marquee India vs Pakistan T20 World Cup match on Sunday, fans on both sides of the border are keeping their fingers crossed that there is no washout.

Al Jazeera

UN resolution flags Sri Lanka rights abuses, economic crisis

UN Human Rights Council renews mandate to collect and preserve evidence of atrocities during the decades-long civil war.

Bangkok Post

Court says Sri Lankan ex-leaders can be prosecuted

COLOMBO: Sri Lanka’s top court has granted permission for proceedings against former president Gotabaya Rajapaksa, according to the rights group that filed the case against him.

Reuters

Japan says no pact yet with Sri Lanka on debt restructure talks

Japan has not yet reached an agreement to co-chair a debt summit with Sri Lanka's creditors, a government official in Tokyo said on Thursday, as the island nation struggles to find a way out of a crippling economic crisis.

Reuters

India starts debt-restructuring talks with Sri Lanka, vows support

India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to support the crisis-hit neighbour mainly through long-term investments after providing nearly $4 billion of financial aid.

The Times of India

Sri Lanka opens Chinese built Lotus Tower for public viewing

COLOMBO: Often described as a Chinese built "white elephant", Sri Lanka's 350-metre Lotus Tower, constructed at a cost of $113 million, was on Thursday opened for visitors in central Colombo.

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