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The Latest Breaking News from Colombo

Sri Lanka can overcome economic crisis provided Central Bank is allowed to run independently: Governor

COLOMBO: Exuding confidence in overcoming the unprecedented economic crisis, the newly appointed Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said that one of the ways to overcome the current crisis situation is to allow the Central Bank to function independently.

The Times of India

Thousands in Sri Lanka insist Rajapaksa family quit politics

Protesters angry over a worsening economic crisis take aim at Sri Lanka’s all-powerful Rajapaksa family.

Al Jazeera

‘We’re finished’: Sri Lankans pushed to the brink by financial crisis

Thousands take to the streets to call for the resignation of president Gotabaya Rajapaksa

The Guardian - UK

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No Sri Lankan, rich or poor, spared as economic crisis worsens

Savings evaporate, businesses face closure and the Sri Lankan poor struggle to eat as value of the rupee plummets.

Al Jazeera

Arjuna Ranatunga lauds PM Modi for helping Sri Lanka during economic crisis

COLOMBO (Sri Lanka): Former Sri Lanka cricketer and Minister Arjuna Ranatunga on Wednesday lauded Prime Minister Narendra Modi for helping Sri Lanka amid its ongoing economic crisis.

The Times of India

Sri Lanka's president will not resign, despite protests - minister

Sri Lankan President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite demonstrations against his handling of the country's worst economic crisis in decades and as doctors held street protests over a shortage of medicine.

Reuters

Sri Lanka president revokes emergency order, govt in disarray as economic crisis deepens

Sri Lanka's President Gotabaya Rajapaksa revoked a state of emergency late on Tuesday after dozens of lawmakers walked out of the ruling coalition, leaving his government in a minority in parliament as it struggled to quell protests amid the country's worst economic crisis in decades.

Reuters

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Former Sri Lankan cricketers slam political class for crisis response

Kumar Sangakkara, Mahela Jayawardene, Sanath Jayasurya and Roshan Mahanama took to their social media handles or the streets of Colombo to register their protest against the economic crisis.

The Hindu

Police fire tear gas as Sri Lanka protesters defy curfew

Protesters rally across Sri Lanka despite curfew, demanding President Rajapaksa resign over worsening economic crisis.

Al Jazeera

Sri Lanka deploys troops to quell protests

COLOMBO: Troops armed with sweeping powers were deployed in Sri Lanka on Saturday with the near-bankrupt country on edge after the president declared a state of emergency to quell escalating protests against him.

Bangkok Post

Sri Lanka imposes curfew after president declares state of emergency

Sri Lanka's government imposed a weekend curfew on Saturday, even as hundreds of lawyers urged President Gotabaya Rajapaksa to revoke a state of emergency introduced following unrest over fuel and other shortages in a deep economic crisis.

Reuters

Sri Lanka declares state of emergency as protests spread

President Gotabaya Rajapaksa invokes tough laws amid protests over Sri Lanka’s deepening economic crisis.

Al Jazeera

BIMSTEC after the Colombo summit

The question to address now is whether the multilateral grouping is capable of tackling the challenges facing the region

The Hindu

Sri Lankan police fire tear gas at protesters angered by economic crisis

Sri Lankan police fire tear gas and use water cannons to disperse hundreds of protesters in Colombo as public anger intensifies over the government's handling of a worsening economic crisis.

ABC News

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Al Jazeera

Dozens arrested in Sri Lanka amid protests over worsening economy

Police imposed a brief curfew after clashing with protesters who tried to storm President Gotabaya Rajapaksa’s house.

Al Jazeera

As prices soar in crisis-hit Sri Lanka, many forced to moonlight

Low-income workers take on multiple jobs to survive as the economic crisis sees food, fuel and medicine costs surge.

The Hindu

Indian power projects replace Chinese ventures in Sri Lanka

Concerns were raised over projects’ proximity to Tamil Nadu.

The Hindu

Jaishankar visits Lanka IOC to take stock of fuel supply situation

Colombo External Affairs Minister S. Jaishankar on March 28 visited Lanka IOC, the local subsidiary

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The Times of India

Sri Lanka's oldest airport sees 1st international flight in 54 years

COLOMBO: Sri Lanka's oldest and first international airport was relaunched on Sunday with its first international flight landing in 54 years, aviation officials said.

The Hindu

Lankan crisis a blessing in disguise for Kerala Tourism

Foreign tourists are expected to turn to Kerala for picturesque beaches and pretty coastlines

Asharq Al-Awsat

Sri Lanka Deploys Troops as Fuel Shortage Sparks Protests

Sri Lanka ordered troops to petrol stations Tuesday as sporadic protests erupted among the thousands of motorists queueing up daily for scarce fuel. The South Asian island nation is grappling with its worst economic meltdown since independence in 1948, with rolling electricity blackouts and essential goods such as food and…

Bangkok Post

Broke Sri Lanka out of paper, exams cancelled

COLOMBO: Sri Lanka has cancelled exams for millions of students as the country has run out of printing paper and is short on dollars to finance imports, officials said on Saturday.

Reuters

Hundreds of bakeries shut in Sri Lanka after cooking gas runs out

Nearly 1,000 bakeries have closed in Sri Lanka due to a severe shortage of cooking gas, an industry association said on Monday, as the impact of dwindling foreign exchange reserves ricochets through the country's economy.

The Guardian - UK

Milk sachets, chicken, fuel: basics slip out of reach for Sri Lankans as economic crisis bites

The country is in the midst of one of the worst financial crises in decades, exacerbated by a tourism collapse in the wake of Covid

Reuters

About 150 Ukrainian tourists stage anti-war protest in Sri Lanka

Ukrainian tourists staged an anti-war protest outside Russia's embassy in Sri Lanka on Monday, and the country's tourism minister said the government would consider visa extensions for visitors from Ukraine.

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