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Can China be able to offer interest-free loans to Sri Lanka?

Chinese State Councillor and Foreign Minister Wang Yi successfully wrapped up his first New Year trip on Sunday in Sri Lanka, the last leg...

Protest against the Trinco oil farm agreement with India

Trade unions and Sinhala people protest against the Trincomalee oil farm agreement, which was signed between India and Sri Lanka. The protest took place on...

European Parliament’s president David Sassoli dead

The president of the European Parliament David Sassoli has died at the age of 65, his spokesperson announced. Robert Cuillo announced the news on Twitter,...

Sri Lanka signs 4 aid agreements with China

Sri Lankan government has signed four agreements with China during Chinese Foreign Minister Wang Yi's visit to Sri Lanka, the Chinese Embassy in Sri...

SL debt burden will rise to around 108% of GDP by the end of 2022: Moody’s analysis

We forecast that the fiscal deficit will narrow only slightly to around 9-10% of GDP in 2022 from around 11% in 2021, mainly reflecting...

Gota asks China to help restructure debt repayments

Sri Lanka's President Gotabaya Rajapaksa asked China to help restructure debt repayments as part of efforts to help the South Asian country weather a...

Tamil parties finalized joint letter to Modi to implement the 13th amendment

Seven political parties mainly representing the Sri Lankan Tamils of the Northern and Eastern provinces have written a joint letter to Indian Prime Minister Narendra Modi,...

Has Chandrika formed a new political alliance?

It has been reported that there will be a drastic change in Colombo politics in the coming days and that many government ministers will...

Myanmar court sentences Aung San Suu Kyi to 4 more years

A military-run court in Myanmar has found civilian leader Aung San Suu Kyi, who was overthrown in last February’s coup, guilty on at least...

Sri Lanka sold Gold reserve to save Forex

Sri Lankan Central Bank sold US$ 206.8mn worth of more than half of its gold reserve last month to increase forex reserves that had...

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