Mar. 06, 2024 03:40 AM EST
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...
Feb. 03, 2024 10:46 AM EST
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...
Jan. 30, 2024 20:28 PM EST
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...