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The Latest Breaking News from Colombo

Sri Lanka navy finds 14 bodies in capsized Chinese boat

Colombo (AFP) - Sri Lanka's navy said Wednesday it had located 14 bodies inside a Chinese fishing boat that had capsized last week with 39 crew on board.

AFP

Looking to see the real Sri Lanka? Explore by train

From Balapitiya beach resorts to the bustle of Colombo, this country is best traversed by rail, finds Alex Robinson

The Independent UK

IAF chief meets Sri Lanka's top military leaders, exchange views on matters of bilateral importance

Chief of Air Staff, Air Chief Marshal V.R. Chaudhari on May 2, 2023 met Sri Lanka’s top military leaders and exchanged views on several matters of bilateral importance, while recalling the longstanding friendship between the two countries

The Hindu

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Chinese state-owned firm to build major Sri Lanka port complex

Colombo (AFP) - A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub.

AFP

Sri Lanka travel guide: Everything to know before you go

The teardrop island, just south of India, lures travellers with an impressive array: wildlife, history, exceptional food, surfing hotspots and beaches that beg for little more than utter relaxation

The Independent UK

Monkey business: Sri Lanka considers macaque sales to China

Colombo (AFP) - Cash-strapped Sri Lanka is considering exporting up to 100,000 endangered monkeys to China, the agriculture minister said Wednesday, raising concerns among conservationists.

AFP

Fortune teller sees bleak future as Sri Lankans celebrate new year

Fortune teller Andara Maanage Chandani, who runs a small shrine at her home near Colombo, says she used to make enough money to buy clothes for all eight members of her family every Sri Lankan New Year, which falls this week.

Reuters

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After Al Jazeera story, Sri Lanka says crypto scheme a ‘pyramid’

Sri Lanka’s central bank is considering criminal charges against those accused of running a fake crypto scheme.

Al Jazeera

Sri Lanka's key inflation rate eases to 50.3% in March

Sri Lanka's key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday. The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 47.6% in March from 54.4% in February, but non-food inflation reached 51.7%, the Census and Statistics Department…

Reuters

Sri Lanka to get first tranche of $2.9bn bailout in two days: IMF

Global lender says island nation battling its worst economic crisis in seven decades will get $330m in next two days.

Al Jazeera

Sri Lanka bailout conditional on tackling corruption: IMF

Colombo (AFP) - Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation.

AFP

Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days

Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped country to rein in its debt to sustainable levels.

Reuters

Sri Lanka court orders delayed local election to go ahead

Colombo (AFP) - Sri Lanka's top court on Friday ordered the government to proceed with a delayed local election, overruling President Ranil Wickremesinghe, who said the country was too broke to pay for it.

AFP

Half of Sri Lanka families reducing children food intake: Charity

Government and global community must act to prevent children from ‘becoming a lost generation’, warns Save the Children.

Al Jazeera

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AFP

India's troubled Adani invests in bankrupt Sri Lanka

Colombo (AFP) - Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by India's scandal-hit Adani group.

AFP

Bankrupt Sri Lanka set to postpone local elections

Colombo (AFP) - Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official, prompting opposition protests on Tuesday that forced parliament to be adjourned.

The Guardian - UK

‘A place of healing’: comfort for young cancer patients amid Sri Lanka’s economic crisis

The families of sick children have been pushed into poverty to access the country’s severely limited care services. Now a refuge is about to open its doors

Al Jazeera

Sri Lanka’s Chinese-built port city stirs white elephant fears

Sri Lankans are questioning the feasibility of Port City Colombo as their country faces its worst economic crisis.

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AFP

Sri Lanka bans single-use plastics to save elephants

Colombo (AFP) - Sri Lanka will ban single-use plastics, the government said Tuesday, in a move that follows a series of wild elephant and deer deaths from plastic poisoning.

AFP

Ousted Sri Lankan president quizzed over cash stash

Colombo (AFP) - Sri Lankan police told AFP on Wednesday they are investigating ousted president Gotabaya Rajapaksa over a hidden cash stockpile uncovered when protesters stormed his former residence last year.

Al Jazeera

Sri Lankans lament Independence Day pomp amid economic crisis

Armed troops parade in Colombo amid criticim over the event’s cost at a time of dire economic crisis.

AFP

Sri Lanka weighs 'failures' on independence milestone

Colombo (AFP) - Sri Lanka marked 75 years since independence with a sombre military parade on Saturday, as its president urged reflection on past "errors and failures" at a time of national crisis.

Asharq Al-Awsat

Sri Lanka Seeks to Benefit from Saudi Mining Experience

Sri Lanka’s Environment Minister Naseer Ahmed emphasized the presence of prospects for cooperation between Colombo and Riyadh in various fields, especially the mining sector. Looking forward to strengthening cooperation with Saudi Arabia in the mining sector, Ahmed said his country could benefit from the Kingdom’s experiences in developing the mineral…

Reuters

India foreign minister visits Sri Lanka with stronger ties, China in focus

India's foreign minister arrives in Colombo on Thursday following his country's backing of Sri Lanka for a $2.9 billion International Monetary Fund (IMF) loan, leaving China as the island's last remaining major creditor which has yet to agree to the debt restructuring plan.

AFP

Casinos, fake prophet marred Sri Lanka's World Cup, report finds

Colombo (AFP) - Sri Lanka's inglorious exit from the T20 cricket World Cup in Australia was accompanied by players partying at casinos, corruption and the influence of a fake prophet, an inquiry showed Thursday.

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