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Sri Lanka sued by holdout Hamilton Reserve, other bondholders form group

More than 30 bond holders said they have formed a group to negotiate with Sri Lanka after it defaulted on its foreign debt while...

Mahindananda censures Basil at the COPE meeting

It is reported that the Member of Parliament for the SLPP Mahindananda Aluthgamage has made a strong accusation against the National Organizer of the...

IMF team holds talks with SL PM in parallel to debt advisers consultations

Representatives from Sri Lanka’s financial and legal advisors, Lazard and Clifford Chance LLP now in Colombo have started their preliminary observations of the island nation's debt restructuring amidst the country’s worst economic crisis , Finance Ministry sources said.

US grants $6 million in emergency assistance to avert SL’s economic crisis

Policymakers in Washington have stepped forward with a financial package that will not only provide desperately needed aid for ordinary Sri Lankans but help...

Dr. Shafi receives pay arrears, donates them to purchase essential medicines

Dr. Shafi receives pay arrears, donates them to purchase essential medicines

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