Three children injured after Bo-tree branch falls

World Bank warns Sri Lanka?s economic crisis deepening

The World Bank warned that Sri Lanka?s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic. Debt restructuring and the implementation of a deep reform program are critical for Sri Lanka?s economic stabilization, says the World Bank in its twice-a-year update, underscoring the need for Sri Lanka to build resilience. The latest South Asia Economic Focus, Coping with Shocks: Migration and the Road to Resili

07 Oct, 2022

Infant among 5 Sri Lankans found stranded on sandbar

Five Sri Lankan Tamils, including a six-month-old baby, who were stranded on a sandbar near Dhanushkodi in Ramanathapuram district for nearly two days without food and water, were rescued by the marine police with the help of fishermen on Friday. The marine police said the family from the Thalavadi region in Sri Lanka were ferried on a boat from Mannar and were dropped on the fifth sandbar off Dhanushkodi. S Saparin (33), who undertook the perilous journey along with wife Rathika (36) and chil

08 Oct, 2022

SC allows proceedings against GR, MR to proceed

The Supreme Court has granted leave to proceed with the fundamental rights petition filed against former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa, and former Finance Minister Basil Rajapaksa over the economic crisis. The case, filed by rights group Transparency International, calls for accountability for the island nation?s leadership for its worst financial crisis in more than seven decades.

07 Oct, 2022