Edition:
United Kingdom

Shihar Aneez

UPDATE 3-Sri Lanka c.bank surprises markets with rate cut to boost growth

23 Aug 2019

* C.bank to impose bank lending rate cap if borrowing costs not reduced

Sri Lanka central bank seen standing pat but rate cut not ruled out: Reuters poll

21 Aug 2019

COLOMBO Sri Lanka's central bank is expected to leave its key interest rates unchanged on Friday, a Reuters poll showed, but a surprise rate cut is not ruled out due to sluggish economic growth ahead of a presidential election later this year.

Many Sri Lankans want a strongman leader, and that favours Gotabaya Rajapaksa

12 Aug 2019

COLOMBO Sri Lankans, angered by the government's inability to prevent the Easter Sunday terror attacks that killed more than 250 people, want a strongman back in power who can guarantee their safety and bring back economic growth.

Sri Lanka wartime defence chief Gotabaya Rajapaksa launches presidential bid

11 Aug 2019

COLOMBO Sri Lanka's main opposition party named a hardline former defence chief as its presidential candidate on Sunday, seeking to capitalise on public clamour for a decisive leader after deadly Easter day bombings.

Sri Lanka risks losing debt market access if future government policy changes

09 Aug 2019

COLOMBO Sri Lanka could lose access to global debt markets if a new government shifts away from the country's current fiscal policy that's aimed at shoring up the economy and managing inflation, a central bank official said on Friday.

Sri Lanka tourism industry begins to recover after attacks, election is next hurdle

09 Aug 2019

COLOMBO Sri Lanka's tourism industry, badly hurt by Easter day bombings, is showing signs of gradual recovery, industry executives say, although a national election later this year is likely to weigh on holiday season arrivals.

SriLankan Airlines to post loss of up to $160 million due to Easter attacks -CEO

07 Aug 2019

COLOMBO Sri Lanka's state-run airline is set to report a loss of up to $160 million (£131.70 million) loss this year, as tourism in the island nation suffers following the Easter bombings, the carrier's chief executive said.

Sri Lanka court grants bail for doctor accused of sterilising Buddhist women

25 Jul 2019

COLOMBO A Sri Lankan court granted bail on Thursday to a Muslim doctor accused of having sterilised over 4,000 women from the Sinhalese Buddhist majority, his lawyer said, a deeply sensitive case in a country long dogged by communal bloodshed.

Sri Lanka raises stink over waste consignments from Britain

25 Jul 2019

COLOMBO Sri Lanka has ordered the return of 213 containers of waste from Britain after finding, plastic and biological waste including suspected human body parts in the shipments, government officials said on Thursday.

UPDATE 1-Cricket-Malinga to retire from ODIs after first Bangladesh match

23 Jul 2019

* World T20 in 2020 to be his international swansong (Adds Malinga quotes, byline)

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