Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its debts, a trio of sources told Reuters on Monday. MORE..
Sri Lanka Freedom Party (SLFP) says it would take disciplinary action against the party members who accepted ministerial portfolios in the incumbent government. MORE..
The fares of Sri Lanka Transport Board (SLTB) and privately-owned buses have been increased by 19.5 percent with effect from midnight today (May 24), the National Transport Commission says. MORE..