COLOMBO (Reuters) - Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its ...

Supporters of Sri Lanka’s main opposition shout slogans after police stopped their march to protest against the postponement of local government election in Colombo, Sri Lanka, Monday, Feb. 20, 2023.

Sri Lanka’s plan for a voluntary restructuring of its domestic debt is finding few takers from local banks worried about a hit to their capital, raising the risk of a delay in the country’s financial ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will spare banks from being part of its local debt restructuring plan because of the possible impact on deposits, while the bulk of the burden will be shared by the ...

COLOMBO, Sri Lanka (AP) — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves ...

Holidays are all about unwinding and finding your groove. Hence, you need to look for destinations that offer you the opportunity to relax and head out for some adventure and explore the local culture ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. COLOMBO, Sri Lanka (AP) — Sri Lanka will ...