The Central Bank of Sri Lanka said it was moving to a single policy rate set at 8.0 percent, an "effective reduction" of around 50 basis points.
Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate
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A captain's knock by Charith Asalanka steered Sri Lanka to a hard-fought four-wicket victory over New Zealand with six balls to spare in Saturday's Twenty20 opener in Dambulla.
Sri Lanka named their squads Wednesday for two T20s and three ODIs at home to New Zealand, with Charith Asalanka captain in both formats.
Opener Evin Lewis blazed his way to an unbeaten century to give the West Indies a consolation eight-wicket victory in Saturday's rain-hit third and final ODI against Sri Lanka.
There is much to learn from both Bangladesh and Sri Lanka, two South Asian countries, as they navigate their shifting landscapes.
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Sri Lanka clinched their biggest Test victory over New Zealand on Sunday, prevailing by an innings and 154 runs in the second Test in Galle to complete a 2-0 series sweep.
India skipper Rohit Sharma won the toss and elected to bat against Sri Lanka in Colombo for Tuesday's Asia Cup Super Four clash.
Sri Lanka Cricket slashed ticket prices for the Asia Cup by up to 95 percent on Sunday after costs were hiked 40-fold and matches were played in near-empty stadiums.
While skipper Shakib Al Hasan pointed to the inability of putting on a big opening stand as one of the reasons behind his team’s 21-run defeat against Sri Lanka in their crucial Super Four encounter, the performance in Saturday's match practically summed up Bangladesh’s inconsistent batting performance throughout the Asia Cup.
Bangladesh’s wicketkeeper-batter Mushfiqur Rahim is slated to return to the country after the match against Sri Lanka, team management sources have confirmed to The Daily Star.
Bangladesh cricket team left Kandy for Colombo early on Friday Morning and are scheduled to take a chartered flight to Lahore in Pakistan with their Asia Cup campaign hanging in the balance.
Sri Lanka yesterday paid back another $100 million of the $200 million it took from Bangladesh in a currency swap agreement two years ago, a top official of Bangladesh Bank said today.
Mahendra Singh Dhoni is known to have a keen eye for talent and the match-winning display by Sri Lanka pacer Matheesha Pathirana against Bangladesh at the Asia Cup on Thursday shows the former India captain's reputation is well earned.
Bangladesh ODI skipper Shakib Al Hasan shrugged off talks about a rivalry between Bangladesh and Sri Lanka when it came to the Asia Cup as the all-rounder acknowledged the exciting cricket that this particular contest brings.
Sri Lanka have been hit by injuries to key bowlers as they named their 15-member squad for Asia Cup 2023.
Bangladesh national cricket team reached Sri Lankan capital Colombo on Sunday afternoon after flying out from Dhaka in the morning ahead of the Asia Cup.