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The Latest Breaking News from Sri Lanka

Jungles, jackfruit and community tourism: this is Sri Lanka at its best

Our author and her family are wowed by an ethical travel break, meeting local schoolchildren and visiting eco resorts set in verdant countryside and by pristine beaches

The Guardian - UK

Sri Lankan leader appeals for patience amid economic crisis

Sri Lanka’s president has appealed for patience amid the country’s worst economic crisis but promised brighter times ahead

The Independent UK

Ousted Sri Lankan president quizzed over cash stash

Colombo (AFP) - Sri Lankan police told AFP on Wednesday they are investigating ousted president Gotabaya Rajapaksa over a hidden cash stockpile uncovered when protesters stormed his former residence last year.

AFP

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Sri Lanka flags return to growth, protesters demand tax cuts

Sri Lanka's economy is expected to grow again from the end of this year and the government hopes the country will emerge from an economic crisis by 2026, the president said on Wednesday, as hundreds protested a recent rise in taxes amid high inflation.

Reuters

Paris Club creditors give assurances to back IMF bailout for Sri Lanka

The Paris Club of creditors has given financing assurances to support the International Monetary Fund's approval of an extended fund facility for Sri Lanka, the Sri Lankan president's office said on Tuesday.

Reuters

Daily Dose Ep 1269: BJP protests in Delhi, US FDA and CDC warn Global Pharma

Gurmehar Kaur brings you the news from the Delhi, Gujarat, Sri Lanka and Pharmaceutical industry.

Newslaundry

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

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Sri Lanka weighs 'failures' on independence milestone

Colombo (AFP) - Sri Lanka marked 75 years since independence with a sombre military parade on Saturday, as its president urged reflection on past "errors and failures" at a time of national crisis.

AFP

Sri Lanka marks independence anniversary amid economic woes

Sri Lanka is marking its 75th independence anniversary as a bankrupt nation, with many citizens angry, anxious and in no mood to celebrate

The Independent UK

China has not done enough on Sri Lanka debt restructuring - U.S. diplomat

The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.

Reuters

IMD Warns For Stormy Winds In Coastal Regions Of Tamil Nadu, Puducherry ; Asks Fishermen Not To Venture Into Seas

The India Meteorological Department on Wednesday issued a warning for the high-speed stormy winds in the coastal regions of Tamil Nadu and Puducherry and advised the fishermen to avoid venturing into coastal regions. Read further on Dynamite News:

Dynamite News

Department poised to kick off FTA talks with EU

Thailand has set its sights on kicking off free trade agreement (FTA) talks with the European Union (EU) this year and accelerating the conclusion of negotiations regarding planned FTAs with the European Free Trade Association (Efta), Canada, Turkey and Sri Lanka, according to the chief of the Trade Negotiations Department.

Bangkok Post

Tommy Tiernan show: Co Tyrone woman praised for 'inspirational' appearance

Sheree Atcheson was adopted from Sri Lanka at just three weeks old by a Coalisland couple

Belfast Live

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

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Reuters

Sri Lanka economy could shrink by -3.5% to -4%, president says

Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.

The Independent UK

Sri Lanka leader suspends parliament until policy address

Sri Lanka’s president has suspended Parliament until Feb. 8, when he said he would announced a new set of long-term policies to address a range of issues including an unprecedented economic crisis

Reuters

China's EXIM bank gives Sri Lanka debt extension

China's Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China's foreign ministry said on Thursday, confirming a Reuters report earlier this week..

The Independent UK

Sri Lanka says debt-restructuring talks making progress

Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan

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Reuters

Sri Lanka hopeful of completing debt restructuring in six months, says cenbank chief

Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country's central bank chief P. Nandalal Weerasinghe said on Tuesday.

Al Jazeera

Is debt cancellation the way forward for Sri Lanka?

As 182 economists from around the world issued a call to cancel Sri Lanka’s debt, not all experts agree.

Reuters

India commits to help Sri Lanka on debt in prospective IMF program

India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday.

Reuters

Sri Lanka seen holding rates as inflation fight continues; IMF deal key

The Central Bank of Sri Lanka (CBSL) is widely expected to hold interest rates steady this week, having raised them last year to their highest in more than two decades in order to fight runaway inflation while seeking an International Monetary Fund bailout.

Chronicle Live

Dad to be reunited his with children in Newcastle after 10-month visa ordeal which meant he was stuck in Sri Lanka

Sanas Sahib can finally be with his children following months of separation after the Home Office reviewed his visa application, which had previously been rejected

The Independent UK

India backs Sri Lanka to secure IMF bailout plan amid crisis

India’s foreign minister says his country has given financial assurances to the International Monetary Fund to facilitate a bailout plan to help neighboring Sri Lanka emerge from its worst economic crisis, in a first formal announcement from one of the island nation’s creditors

Radio France Internationale

French court convicts 14 of smuggling migrants from Sri Lanka to Europe

A court in northern France has sentenced 14 Sri Lankan nationals to prison for operating a people-smuggling ring across Europe – part of a continent-wide attempt to crack down on the lucrative criminal networks.

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