IMF delegation begins bailout talks in Sri Lanka

IMF delegation begins bailout talks in Sri Lanka

IMF talks are underway to help debt-riddled Sri Lanka. The country is down to just a few days of fuel, and months away from concrete relief. Ms Bhavani Fonseka from the Centre for Policy Alternatives in Colombo shared how long…

Sri Lanka's PM warns of food shortage amid devastating economic crisis

Sri Lanka’s PM warns of food shortage amid devastating economic crisis

Sri Lanka’s prime minister has warned of a critical food shortage as the island nation battles a devastating economic crisis. The cash-strapped country has appointed nine more ministers to the administration, but the crucial post of finance minister remains vacant.…

India emerging as one of the biggest providers of aid to Sri Lanka

India emerging as one of the biggest providers of aid to Sri Lanka

Sri Lanka has officially defaulted on its foreign debt as it battles its worst economic crisis in more than 70 years. It exhausted a 30-day grace period that took effect after it missed coupon payments worth $78 million last month.…

Sri Lanka officially defaults on foreign debt as economic crisis deepens

Sri Lanka officially defaults on foreign debt as economic crisis deepens

Sri Lanka has officially defaulted on its foreign debt as it battles its worst economic crisis in more than 70 years. It exhausted a 30-day grace period that took effect after it missed coupon payments worth $78 million last month.…

Sri Lanka's parliament sits for first time under Ranil Wickremesinghe as new PM

Sri Lanka’s parliament sits for first time under Ranil Wickremesinghe as new PM

Sri Lanka’s parliament has reconvened for the first time under Prime Minister Ranil Wickremesinghe. He was appointed last week to form a government to tackle the country’s economic crisis. He has warned that the next two months will be the…

Sri Lanka's opposition parties refuse to extend support to new PM Wickremesinghe

Sri Lanka’s opposition parties refuse to extend support to new PM Wickremesinghe

Dismay and disbelief in Sri Lanka, with veteran politician Ranil Wickremesinghe reappointed as the country’s new prime minister — his sixth time in the job. Experience aside, critics perceive Mr Wickremesinghe as part of the establishment blamed for the country’s…

Sri Lanka crisis: Parliament speaker holds talks with lawmakers on way forward

Sri Lanka crisis: Parliament speaker holds talks with lawmakers on way forward

Sri Lanka is seeking a way out of the chaos sparked by its economic crisis. Lawmakers are holding talks on the next steps since the prime minister resigned. Reports say Mahinda Rajapaksa has been airlifted to a naval base for…

Fresh protests erupt across Sri Lanka despite nationwide curfew

Fresh protests erupt across Sri Lanka despite nationwide curfew

Fresh protests have erupted in Sri Lanka. Hundreds of anti-government demonstrators have defied a nationwide curfew to gather at various sites — including a navy camp where former prime minister Mahinda Rajapaksa is said to be hiding. The nation’s attorney-general…

Sri Lanka's prime minister Mahinda Rajapaksa resigns amid widespread protests

Sri Lanka’s prime minister Mahinda Rajapaksa resigns amid widespread protests

Sri Lanka’s Prime Minister Mahinda Rajapaksa has resigned, after violent clashes broke out in the capital. The 76-year-old submitted his resignation in a letter to President Gotabaya Rajapaksa, who is also his younger brother. Subscribe to our channel here: https://cna.asia/youtubesub…

Sri Lanka's embattled leaders still hold majority in parliament despite protests

Sri Lanka’s embattled leaders still hold majority in parliament despite protests

Sri Lanka’s embattled leaders have won a major victory in parliament. MPs re-elected the government’s nominee for deputy speaker. It demonstrates that the ruling coalition still commands a majority despite raging protests against them. Sri Lanka’s finance minister has warned…

Sri Lanka hit by nationwide strike over economic woes

Sri Lanka hit by nationwide strike over economic woes

Sri Lanka’s capital Colombo has come to a standstill as demonstrators hold a nationwide strike. Many schools have been shut and train stations deserted, as teachers and train drivers joined mass walkouts. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to…

Singapore Red Cross pledges S$100,000 for Sri Lanka

Singapore Red Cross pledges S$100,000 for Sri Lanka

The Singapore Red Cross is committing S$100,000 for urgent medical supplies to Sri Lanka. It has also launched a public fundraising effort to buy medicine and equipment for the country. Some fear the Sri Lankan healthcare system is close to…