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.
Review of ‘The Seven Moons of Maali Almeida’ (Sort of Books, 2022) by Shehan Karunatilaka
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.
Sri Lanka coach Chris Silverwood says his team have what it takes to emerge from a tough group at the Twenty20 World Cup despite their loss to holders Australia.
Disciplined bowling and an unbeaten half-century by Kusal Mendis powered Sri Lanka to a nine-wicket hammering of Ireland in their opening Super 12 match at the Twenty20 World Cup on Sunday.
Spinner Maheesh Theekshana led Sri Lanka's attack with 2-19 as they restricted Ireland to 128-8 in their opening Super 12 match at the T20 World Cup on Sunday.
Karthik Meiyappan of the United Arab Emirates took the first hattrick of the Twenty20 World Cup in Australia on Tuesday, stunning Sri Lanka.
The novel opens with a photographer, the eponymous Maali Almeida, who has woken up dead in a celestial visa office, while his body sinks in the Beira Lake in Colombo. Maali has seven moons to find the man and woman he loves and lead them to "a hidden cache of photos that will rock Sri Lanka".
Namibia's stunning ambush of Sri Lanka in their T20 World Cup opener on Sunday was born from the experience of playing the big dogs of cricket in the United Arab Emirates last year, according to captain Gerhard Erasmus.
India produced yet another dominant display to take home their seventh Women’s Asia Cup title as they brushed aside Sri Lanka with an eight-wicket victory in the grand finale at the Sylhet International Cricket Stadium on Saturday.
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.
Sri Lanka's Dushmantha Chameera and Lahiru Kumara will travel to Australia for the T20 World Cup in a squad largely unchanged from the island nation's surprise Asia Cup win, selectors said Friday.
Sri Lanka’s Asia Cup winning team have returned to the country to a hero’s welcome on Tuesday. The Lankans, who were not among the favourites to even make it to the final, lifted the trophy following a 23-run victory over Pakistan in the final on Sunday.