The island plunged into crisis last year as its foreign exchange reserves ran out. The government limited imports on more than 3,200 items, including seafood, electronics, and even musical instruments.
Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.
Dasun Shanaka's Sri Lanka are buoyant after their surprise Asia Cup title and confident of their Twenty20 World Cup prospects in Australia despite missing out on direct entry into the main draw.
Prime Minister Sheikh Hasina today (August 30, 2022) expressed her firm belief that Bangladesh will never plunge into a Sri Lanka-like situation, rather the country will continue to move ahead overcoming all global challenges.
"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).
Ten members of crisis-hit Sri Lanka's Commonwealth Games contingent in Birmingham have disappeared in a suspected attempt to remain in Britain, a top sports official from the island nation told AFP on Sunday.
Saarc’s inability to respond to the humanitarian crisis reflects a lack of the sense of regionalism.
Cricket-obsessed Percy Abeysekera has been a constant presence at Sri Lanka matches since their first Test against England in 1982 -- and even the country's worst economic crisis cannot keep him away.
Sri Lankan badminton champion Niluka Karunaratne heads to England next week to cap his Commonwealth Games career where it began -- a swansong almost derailed by his bankrupt country's bruising economic crisis.
Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards.
Sri Lankan President Gotabaya Rajapaksa flew into Singapore from the Maldives on Thursday (July 14) evening, after fleeing Sri Lanka amid a deepening crisis and widespread protests there.
The protests are not only about the economic woes but also about the system of governance.
The new president must be one deemed capable by the public.
Two dates – May 9 and July 9 – will remain significant for the Rajapaksa brothers in Sri Lanka.
Skipper Dimuth Karunaratne and Kusal Mendis hit gritty half-centuries on Saturday to lead a strong Sri Lankan reply on day two of the second Test against Australia.
Cash-strapped Sri Lanka raised interest rates one percentage point Friday, the second sharp hike in three months, as the central bank warned of 80 per cent inflation and a painful recession.
Sri Lanka’s Energy Minister Kanchana Wijesekera has warned that the petrol stock of the nation can meet the demand for less than a day.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said.
Two people including an MP from the ruling party died and at least 139 were injured on Monday in a day of violence in Sri Lanka, police and hospital officials said.