Sri Lanka secured a $2.9 billion IMF bailout in 2023 after declaring its first sovereign default in April 2022 following an ...

COLOMBO: IMF chief Kristalina Georgieva pledged to support Sri Lanka's economic recovery, praising the cash-strapped nation's ...

The Central Bank of Sri Lanka (CBSL) commenced publishing monthly current account statistics for the first time, with the ...

We were supposed to have become a rich country decades ago. At Independence many predicted that Ceylon would become the ...

Former Sri Lankan President and six-time Prime Minister Ranil Wickremesinghe denied shielding ousted president Gotabaya ...

Due to a growing trend in remittance inflows in recent months, the central bank has been able to mitigate the sharp decline ...

Bangladesh’s foreign exchange reserves have dipped below $20 billion after the country paid $1.75 billion to settle import ...

Bangladesh’s gross foreign exchange reserve, calculated as per the International Monetary Fund’s guidelines, has dropped to ...

China has, since the 1970s, employed what Lt. Colonel Joel N Rea called, a layered “cabbage strategy, using the People’s ...