Sri Lankan Economy

'Was not part of Rajapaksa administration,' says Sri Lanka's acting president Wickremesinghe

Wickremesinghe, 73, on Tuesday was among three candidates proposed by lawmakers for Wednesday's presidential election to pick Rajapaksa's successor

Over 4,000 books gutted, 125-year-old piano damaged: Sri Lankan president Wickremesinghe on attack on his private home

The acting President said he has authorised Sri Lanka's armed forces and the police to take whatever action is necessary to stop people from storming public facilities and obstructing Parliament

Even bread is expensive: Sri Lanka's Slave Island battles food crisis as prices skyrocket

Food inflation in Sri Lanka reached 80.1% in the year to June, according to official figures. According to the World Food Programme, nearly five million people -- 22% of the population -- need food aid

Sri Lanka troops barricade Parliament against protesters

Troops in green military uniforms and camouflage vests arrived by armored personnel carriers at the parliament building, anticipating more protests after a group attempted to storm the entrance the previous day

WATCH: Sri Lankan protesters storm PM office in Colombo despite heavy security presence

PM and acting president Wickremesinghe in a televised address said he had instructed security forces to restore order, but troops were seen backing down at his office leaving gates open for protesters to stroll in

End of the line for Sri Lanka's 'Terminator' president Gotabaya Rajapaksa

He denied allegations that at least 40,000 minority Tamil civilians were killed by troops under his command during the closing months of the war, but the accusations bolstered his tough-guy image in the eyes of the majority Sinhalese

Sri Lanka lawmakers to pick new president but no deal on PM yet

While lawmakers agreed late Monday to elect a new president from their ranks on 20 July, they have not yet decided who will take over as prime minister and fill the Cabinet

Indian Oil Corporation in Sri Lanka suspends fuel distribution amid mass protest fears

The LIOC has been the only retailer since the state oil entity Ceylon Petroleum Corporation (CPC) pumps went dry on June 27 due to the forex crisis that has led to an unprecedented economic crisis in the island nation of over 22 million people

Sri Lanka crisis: 'Will appoint PM, Cabinet this week', says President Gotabaya Rajapaksa

Eight people including a ruling party lawmaker and two police officers were killed and 219 were injured in the violence, the defense ministry said. In addition, 104 buildings and 60 vehicles were burned

Sri Lanka defence chief rules out military coup amid troop deployment to quell unrest

Footages of armoured personnel carriers moving around the streets of the capital Colombo have prompted accusations from Opposition lawmakers and social media users that the country could be facing an imminent coup