India counters China in Sri Lanka with $700 million port deal
Colombo (AFP) An Indian company entered into a $700 million deal Thursday to build a strategic deep-sea container terminal inContinue Reading
Category: Asia
China infrastructure drive traps poor nations with $385 bn ‘hidden debt’: study
(AFP)-China’s ambitious foreign infrastructure push has saddled poor nations with “hidden debt” worth $385 billion, and more than a thirdContinue Reading
Sri Lanka appeals to exporters to repatriate earnings quickly
COLOMBO, Sept 28 (Reuters) – Sri Lanka on Tuesday appealed to exporters to speed up repatriation of earnings as aContinue Reading
Sri Lanka’s Apparel Industry on Tenterhooks Over EU Trade Scrutiny
COLOMBO (Reuters) – Sri Lanka’s preferential trade access to the European Union, which is the biggest market for its $5Continue Reading
Fears grow for China Evergrande after interest deadline missed
SINGAPORE/SHANGHAI, Sept 24 (Reuters) – China Evergrande inched closer on Friday to the potential default that investors fear, missing aContinue Reading
Sri Lanka shaman dies of Covid after touting ‘blessed’ water cure
(AFP)- A high-profile shaman who tried to end Sri Lanka’s Covid-19 outbreak with “blessed” water has died of the virus,Continue Reading
U.S. infrastructure firm New Fortress signs LNG supply deal for Sri Lankan gas-fired power plant
U.S. infrastructure firm New Fortress Energy will invest in a gas-fired power plant and proposed liquefied natural gas (LNG) supplyContinue Reading
Sri Lanka probes prison minister for alleged prisoner threat
COLOMBO, Sri Lanka (AP) — Sri Lankan police are investigating an incident in which the government prisons minister allegedly threatenedContinue Reading
Protect minority rights- UN chief tells President Gotabaya
UN Secretary-General António Guterres has told President Gotabaya Rajapaksa about the need to protect minority rights in Sri Lanka. GuterresContinue Reading
China enters Taiwan air defense zone a day after island’s military budget boost
KEY POINTS It came one day after the island announced a $9 billion boost to military spending to counter theContinue Reading
