Sri Lanka agrees with China’s Sinopec to fast-track $3.7 billion refinery
COLOMBO (Reuters) -Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement withContinue Reading
Category: Business Briefing
The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing
BEIJING (AP) — Sri Lanka and China signed a series of cooperation agreements on Wednesday following talks between their leaders,Continue Reading
Sri Lanka Central bank to focus on stronger crisis recovery in 2025
COLOMBO (Reuters) – Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growthContinue Reading
Meta announces ending fact-checking program in the US
(AFP)-Social media giant Meta announced Tuesday a significant rollback of its content moderation policies, including the termination of its third-partyContinue Reading
Moody’s raises Sri Lanka’s rating after debt overhaul approval
Dec 23 (Reuters) – Credit ratings agency Moody’s on Monday raised Sri Lanka’s long-term foreign currency issuer rating to ‘Caa1’Continue Reading
Fitch raises Sri Lanka rating to CCC+ after creditor nod to $12.55 billion debt overhaul
(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’Continue Reading
Sri Lanka unconcerned with Adani Group’s dealings with other countries – report
COLOMBO (Reuters) – Sri Lanka is unconcerned about the Adani Group’s dealings with other countries and only focused on itsContinue Reading
Modi says India plans to supply LNG to Sri Lanka, connect power grids
NEW DELHI (Reuters) – India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work onContinue Reading
Adani Ports Withdraws DFC Funding Request for Colombo Port Project of $553 million
(Reuters) -India’s Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal projectContinue Reading
Sri Lanka Welcomes U.S Sanctions On Former Ruling Rajapakse Clan
(AFP)-Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling Rajapaksa family over twoContinue Reading
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