Sri Lanka’s official external reserves fell to US$ 2.36 billion by the end of January 2022 from US$ 3.14 billion by the end of December 2021, as the government settled foreign currency loans and funded essential imports, while taking r...

"The losses incurred by the Ceylon Petroleum Corporation (CPC) have more than doubled following Lanka IOC raising fuel prices last Monday, CPC Chairman Sumith Wijesinghe said. He added if the prices for February remain unchanged for the...

Sri Lanka’s Finance Minister Basil Rajapaksa said all debt maturing this year will be paid and the the country is projecting 30 billion US dollars external flows to involving foreign debts and imports. Sri Lanka is facing one of its wo...

Sri Lanka’s consumer prices hit a 13-year high in January, as the country continues to grapple with import restrictions, foreign exchange shortages and failed harvests.