sri-lanka | ABS-CBN News

IMF approves Sri Lanka's $2.9 billion bailout

Amal Jayasinghe, Agence France-Presse
Posted at Mar 21 09:29 AM

COLOMBO - Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9 billion bailout, raising hopes for an easing of the island nation's dire economic crisis. Read more »

THE DAY IN PHOTOS: March 15, 2023

ABS-CBN News
Posted at Mar 16 12:34 AM

Here are the day's top stories in photos. Read more »

Health workers join striking trade unions

Chamila Karunarathne, EPA-EFE
Posted at Mar 15 10:53 PM

A view of the deserted outpatient department during a strike action at the National hospital in Colombo, Sri Lanka on Wednesday. Read more »

THE DAY IN PHOTOS: February 27, 2023

ABS-CBN News
Posted at Feb 27 11:47 PM

Here are the day's top stories in photos. Read more »

Stampede at Sri Lanka protest

Ishara S. Kodikara, AFP
Posted at Feb 27 09:25 AM

The National People’s Power party held a protest criticizing plans to postpone the local election scheduled on March 9. Read more »

Sri Lanka bans single-use plastics to save elephants

Agence France-Presse
Posted at Feb 16 08:11 AM

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. Read more »

Ousted Sri Lankan president quizzed over cash stash

Agence France-Presse
Posted at Feb 08 03:19 PM

Sri Lankan police said they are investigating ousted president Gotabaya Rajapaksa over a hidden cash stockpile. Read more »

Bankrupt Sri Lanka clears budget as IMF bailout delays

Agence France-Presse
Posted at Dec 08 11:17 PM

Crisis-hit Sri Lanka's parliament Thursday approved President Ranil Wickremesinghe's 2023 budget, vital to raising government revenue. Read more »

THE DAY IN PHOTOS: November 3, 2022

ABS-CBN News
Updated as of Nov 04 12:55 AM

Here are the day's top stories in photos. Read more »

Sri Lanka economic crisis deepens

Chamila Karunarathne, EPA-EFE
Posted at Nov 03 08:39 PM

Protests have been ongoing for over seven months as Sri Lanka faces its worst-ever economic crisis in decades. Read more »

Marcos meets Sri Lankan president Ranil Wickremesinghe

ABS-CBN News
Posted at Sep 29 11:40 PM

In an Instagram post, Marcos said he and Wickremesinghe discussed the ASEAN Summit slated in November. Read more »

Ousted Sri Lankan leader faces arrest calls

Agence France-Presse
Posted at Sep 03 05:06 PM

Deposed Sri Lankan president Gotabaya Rajapaksa faced calls for his arrest Saturday after returning home from self-imposed exile under the protection of the government that took charge when he fled. Read more »

IMF agrees to $2.9 billion bailout for bankrupt Sri Lanka

Amal Jayasinghe , Agence France-Presse
Posted at Sep 01 07:01 PM

Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation's president chased from the country. Read more »

Sri Lanka warns of 8 percent economic contraction

Agence France-Presse
Posted at Aug 18 05:32 PM

Sri Lanka's economic meltdown will result in a record contraction of at least eight percent this year. Read more »

THE DAY IN PHOTOS: August 16, 2022

ABS-CBN News
Posted at Aug 16 11:50 PM

Here are the day's top stories in photos. Read more »

Chinese ship rattles India

Chamila Karunarathne, EPA-EFE
Posted at Aug 16 09:37 PM

The Chinese ship is described as a naval vessel used for tracking and supporting satellites. Read more »

Sri Lanka allows Chinese 'spy ship' visit

Agence France-Presse
Posted at Aug 13 09:25 PM

Sri Lanka granted port access Saturday for a controversial Chinese research vessel despite neighboring India's concerns that it could spy on New Delhi's military installations, officials said. Read more »

Ten Sri Lankans missing from Commonwealth Games

Agence France-Presse
Posted at Aug 08 06:31 AM

Ten members of crisis-hit Sri Lanka's Commonwealth Games contingent in Birmingham have disappeared in a suspected attempt to remain in Britain. Read more »

Shortages leave bankrupt Sri Lanka's hospitals empty

Parvaiz Bukhari, Agence France-Presse
Posted at Jul 26 12:08 PM

An unprecedented economic crisis has dealt a body blow to Sri Lanka's free and universal healthcare system. Read more »

Singapore asked to indict Sri Lanka's exiled leader

Agence France-Presse
Posted at Jul 25 08:43 PM

Rajapaksa fled his country earlier this month after his official residence was stormed by tens of thousands of protesters infuriated by the island nation's painful economic crisis. Read more »