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Sri Lanka’s economy was valued at $85.2 billion in 2021, holding steady from previous years in spite of the effects of the COVID-19 pandemic on tourism, one of its biggest contributors to earnings.
July 13 (Reuters) - Sri Lanka's economic crisis looks to have finally toppled President Gotabaya Rajapaksa. Rajapaksa fled the country early on Wednesday, likely headed to the Maldives, hours ...
Sri Lanka is paying some foreign debts with tea, rather than cash. But an abrupt ban on chemical fertilizers has hurt crop yields and tea pickers are losing hours and wages as food prices double.
Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.
In Sri Lanka, China's Building Spree Is Raising Questions About Sovereignty A Chinese state-owned operator took control of a port on a 99-year lease after Sri Lanka defaulted on its loans.
The latest Sri Lanka Development Update (SLDU) projects the country’s economy to contract by 4.3 percent in 2023, as demand continues to be subdued, job and income losses intensify, and supply-side ...
Sri Lanka’s Prime Minister Ranil Wickremesinghe on Saturday said he was willing to resign and make way for an all-party government to take over, shortly after protesters reportedly breached his ...
Sri Lanka has been self-suficient in rice for decades, but went to international markets last year to buy 149,000 tonnes of the grain after the fertiliser shortage first hit production.
From my second-class seat (about $16.50, again booked through Visit Sri Lanka Tours), I could enjoy the percussive clacking of the train as it wound through the intensely lush, hilly terrain, with ...