Sri Lanka was careening from crisis to crisis, then came the Mideast war. People say they've got no buffer left.

Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government ...

Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic ...

COLOMBO (Reuters) -Sri Lanka's first leftist president has surprised investors by embracing pro-market reforms in his first year, and plans fresh steps to boost investment and energy supplies after ...

Sri Lanka was heading towards a political and economic crisis long before protestors in the capital of Colombo took to the streets and stormed the President’s House in early July, forcing President ...

Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country’s retail fuel market as it struggles to resolve a worsening energy crisis amid an ...