Bangladesh recently became the third country in South Asia, after Pakistan and Sri Lanka, to seek financial support from the International Monetary Fund (IMF) this year. Dhaka is now reportedly also ...

Over a century ago, the Marxist revolutionary, Rosa Luxemburg,  had argued that the capitalist economy needed  “outside” markets to keep its growth going; and she had seen pre-ca...

Sri Lanka said bailout discussions with the International Monetary Fund (IMF) had resumed Friday after the World Bank said it would not be able to offer the country fresh funding without "deep st...

India on Saturday assured Sri Lanka that it will continue to support democracy, stability and economic recovery in the country, which is at a crucial juncture, amid the unprecedented political crisis ...

Sri Lanka's ruling SLPP party on Friday decided to back interim president Ranil Wickremesinghe in the parliamentary vote to be held next week to elect the successor to Gotabaya Rajapaksa, who resi...

Sri Lanka's Supreme Court on Friday barred former prime minister Mahinda Rajapaksa and former finance minister Basil Rajapaksa from leaving the country till July 28. Prime Minister Ranil Wickreme...

Ranil Wickremesinghe on Friday pledged to maintain law and order and revive the 19th Amendment to the Constitution aimed at empowering Parliament over the executive president as he was sworn in as Sri...

The development comes on a day when anti-government protesters announced to vacate some of the administrative buildings, including the President's House and the PM Office, they have been occupying...

Singapore on Thursday said it has allowed Sri Lankan President Gotabaya Rajapaksa to enter the city-state on a "private visit" and there was no request for asylum from him, a day after he fl...

Sri Lanka's former prime minister Mahinda Rajapaksa and ex-finance minister Basil Rajapaksa on Thursday gave an undertaking to the Supreme Court through their lawyers that they will not leave the ...