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
Here are 4 top travel destinations you can explore with a roundtrip flight ticket costing less than Tk 50,000.
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.
Bangladesh national team had a rest day yesterday following their three-run defeat in the first T20I on Monday.
Jaker Ali Anik produced one of the finest knocks for Bangladesh in T20Is, but in the end there was a hint of regret as the Tigers fell short by three runs in the first T20I against Sri Lanka in Sylhet yesterday.
Sri Lanka head coach Chris Silverwood tipped his side as favourites against Bangladesh in the three-match T20I series, starting today in Sylhet.
Najmul Hossain Shanto, the new captain of Bangladesh in all three formats, expects his first assignment as a full-time captain against Sri Lanka to be a competitive one.
Bangladesh national team players began their preparation for the upcoming series against Sri Lanka under head coach Chandika Hathurusingha on Monday even as majority of the stars are busy with BPL duties.
Bangladesh head coach Chandika Hathurusingha has likened the Bangladesh Premier League to a circus, saying he does not even watch the franchise T20 tournament. The Sri Lankan born coach also said some of the players who play in the BPL are not of any standard, during an interview with ESPNcricinfo.
New Sri Lanka Twenty20 captain Wanindu Hasaranga was given a two-match ban by the International Cricket Council on Saturday for abusing an umpire during this week's series-ending loss against Afghanistan.
"So far $20 million worth of tea has been exported to Iran under the barter trade agreement," Sri Lankan Prime Minister Dinesh Gunawardena's office said
Afghanistan salvaged some pride on Wednesday when they secured a nail-biting three-run win over hosts Sri Lanka in the third T20 international, the last game of their multi-format tour.
Sri Lanka sealed a commanding 155-run victory over Afghanistan in the second one-day international on Sunday in Kandy, securing an unassailable 2-0 lead in the three-match series.