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
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…
Multiple blasts ripped through Sri Lanka on April 21, when the Christian community was celebrating Easter Sunday.
Easter Sunday attacks on churches and hotels across Sri Lanka killed more than 250 people in the country's worst suicide bombings.
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.
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.
Police have said that all those directly responsible for the suicide bombings have either been killed or arrested.
Christened Mahindra Ideal Lanka Pvt Ltd, the assembly plant has been set up in collaboration with Ideal Motors of Sri Lanka.
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…
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.
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…
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.
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…
Islamist militants on April 21 bombed churches and luxury hotels in Sri Lanka, killing more than 250 people, including 42 foreign nationals.
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.