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Sri Lanka forces lending rate cuts on all banks

The Central Bank of Sri Lanka said it ordered all commercial banks to reduce lending rates by a minimum of 200 basis points within three weeks

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Sri Lanka orders fresh probe into Easter suicide bombings

The government has blamed a local jihadi group, the National Thowheeth Jama'ath (NTJ) for the April 21 attacks on three churches and three luxury hotels, while the Islamic State group also claimed…

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Sri Lanka: 293 suspects arrested in connection with Easter terror attacks

Multiple blasts ripped through Sri Lanka on April 21, when the Christian community was celebrating Easter Sunday.

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Sri Lanka court orders remains of Easter attacker moved after protests

Easter Sunday attacks on churches and hotels across Sri Lanka killed more than 250 people in the country's worst suicide bombings.

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Sri Lanka's new army chief dismisses war crimes claims

Shavendra Silva has been accused by the United Nations of committing war crimes during the final stages of Sri Lanka's separatist conflict, which ended in 2009.

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Sri Lanka cuts rates as economy struggles after Easter attacks

The Central Bank of Sri Lanka (CBSL) said the rate at which it lent to commercial banks was reduced by 50 basis points to 8.0 per cent.

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Sri Lanka ends emergency four months after Easter attacks

Police have said that all those directly responsible for the suicide bombings have either been killed or arrested.

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Mahindra inaugurates first automotive assembly plant in Sri Lanka

Christened Mahindra Ideal Lanka Pvt Ltd, the assembly plant has been set up in collaboration with Ideal Motors of Sri Lanka.

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Catholic bishops in Sri Lanka call for independent inquiry into Easter terror attacks

In a statement signed by 14 bishops, the CBCSL on Tuesday said it has evaluated the situation in the country in the aftermath of the Easter Sunday terror attacks which resulted in the deaths of…

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Sri Lanka wartime defence chief Gotabaya Rajapaksa launches presidential bid

Gotabaya Rajapaksa, 70, served under his older brother, ex-president Mahinda Rajapaksa, and is widely seen as the frontrunner in a presidential election that must be held before December 9.

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Many Sri Lankans want a strongman leader, and that favours Gotabaya Rajapaksa

Many are rooting for Gotabaya Rajapaksa, who despite fighting allegations of war crimes, is expected to be announced as the presidential candidate of the opposition nationalist Sri Lanka Podujana…

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Sri Lanka risks losing debt market access if future government policy changes

Sri Lanka is preparing for the presidential election later this year and a parliament election in 2020, which is causing uncertainty among investors over potential policy shifts.

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Sri Lanka tourism industry begins to recover after attacks

Tourist arrivals from Europe and Asia-Pacific, which together account for 90 per cent of the total visitors to Sri Lanka, nearly halved in July from a year ago, according to the latest data from…

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Sri Lanka to offer free visas on arrival to boost tourism

Islamist militants on April 21 bombed churches and luxury hotels in Sri Lanka, killing more than 250 people, including 42 foreign nationals.

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Sri Lanka says illegal UK waste offloaded to India, Dubai

Finance Minister Mangala Samaraweera told parliament the importer of the waste had reshipped about 180 tonnes of raw garbage to India and Dubai in 2017 and 2018.

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