More than 30 asset managers holding Sri Lanka’s international bonds announced on Tuesday the formal launch of a creditor group to start debt restructuring talks with the island nation, according to a statement from legal adviser White...

The US Government this week announced a third tranche of new funding to address the immediate needs of people hardest hit by the economic crisis in Sri Lanka.

The United States announced today that it will provide US$6 million in emergency assistance to address the needs of marginalized and vulnerable communities impacted by Sri Lanka’s economic crisis.

The Cabinet Ministers cleared a bill to introduce a 2.5% social security contribution levy in the budget of 2022 on firms having an annual turnover of more than Rs. 120 million.