Latest Sri Lanka News
IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
COLOMBO, Sri Lanka (AP) — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. Inflation has come down from a peak of 70% in 2022 to 5.9% last month and...
6 dead after mass stabbing at Ottawa home, student who lived with family arrested
TORONTO (AP) — A 19-year-old student from Sri Lanka is accused of stabbing and killing six people he lived with, including a 2 1/2-month-old baby girl and three other kids from a Sri Lankan family, Ottawa police said Thursday. Ottawa police chief Eric Stubbs said an “edged...
Sri Lankan president says he is seeking to defer loan payments until 2028 amid economic crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka's president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from bankruptcy. President Ranil Wickremesinghe told Parliament the government is asking lenders to accept a plan to...
A UN agency targets 35% growth in aquaculture production by 2030 to meet demand and fight hunger
COLOMBO, Sri Lanka (AP) — The U.N. Food and Agriculture Organization on Thursday set a target to further increase aquaculture production to meet a rising demand for seafood and to fight global hunger and undernourishment. The FAO hopes to see 35% growth in the sector by 2030,...
Sri Lankan Cabinet minister resigns after being arrested in a counterfeit drugs scandal
COLOMBO, Sri Lanka (AP) — A Sri Lankan Cabinet minister has resigned after being arrested in a scandal over the government's alleged purchase of counterfeit drugs during the country's economic crisis. A government statement Tuesday confirmed that Environment Minister Keheliya...
Debt-laden Sri Lanka marks Independence Day with Thai prime minister as guest of honor
COLOMBO, Sri Lanka (AP) — Thai Prime Minister Srettha Thavisin was the guest of honor at Sri Lanka’s 76th Independence Day celebrations on Sunday, as the island nation struggles to emerge from its worst economic crisis. Srettha joined Sri Lankan President Ranil Wickremesinghe at...
Debt-stricken Sri Lanka signs a free trade pact with Thailand
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover from its worst economic crisis that hit two year ago. The Sri Lanka Thailand Free Trade...
Police in Sri Lanka use tear gas to disperse opposition protest against dire economic conditions
COLOMBO, Sri Lanka (AP) — Sri Lanka's police used Tuesday tear gas and water cannons to disperse an opposition protest in the island nation facing its worst economic crisis while gearing up for a national election later this year. Protesters from the main opposition United...
Indian and Seychelles forces separately rescue two fishing boats hijacked by Somali pirates
COLOMBO, Sri Lanka (AP) — Indian and Seychelles forces separately rescued Monday two fishing vessels hijacked by Somali pirates and freed 23 crew members from Iran and Sri Lanka, both countries said in statements. The Seychelles’ defense forces and coast guard rescued six Sri...
US expresses concerns over Sri Lanka's controversial internet regulation law
COLOMBO, Sri Lanka (AP) — The United States expressed concerns over Sri Lanka's online regulation bill Thursday, a day after it passed overwhelmingly in Parliament over protests by the media, opposition and rights activists. The Online Safety bill allows the government to set up a...
