Indian companies have made a flurry of business deals with Sri Lanka since the struggling island nation declared bankruptcy in 2022 A new lease on a Chinese-financed airport shows New Delhi is gaining …
One arrested in Sri Lanka for alleged attempts at match-fixing
Tamim Rahman, a British citizen of Bangladeshi origin and owner of the Lanka Premier League (LPL) franchise Dambulla Thunders, was arrested on Wednesday on suspicion of involvement in match-fixing.The …
Sri Lanka in the Current Global Context
Photo courtesy of China Daily The purpose of this article is to provide an analysis of the major characteristics of the global context today and to point out a key implication for the Sri Lankan …
Sri Lanka public finance law to limit primary spending at 13-pct GDP: Treasury Secy
A bill for Sri Lanka’s proposed Public Financial Management law will has set a 13 percent primary spending limit (expenses before interest) as part of efforts to improve fiscal discipline in the …
New Zealand Dairy Giant Fonterra Considering Selling Sri Lanka Business
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IOCL exports premium fuel to Sri Lanka
Indian Oil exports XP100 premium fuel to Sri Lanka, tailored for high-end vehicles, showcasing India’s quality products globally.
Fallout Between The Maldives And India Is ‘Absolutely’ Benefiting Sri Lanka
“ITC , the big hotel chain, opened their first hotel out of India in Sri Lanka. We just opened it about a few weeks back, and it’s a beautiful property … in Galle Face,” he said, referencing the …
Major Derby Hotel Sold To New Owners From Sri Lanka
A major hotel in Derby, UK has been sold to a Sri Lankan company, Derbyshire Live reported … has 38 individually designed ensuite bedrooms. It is a Victorian property that previously served as a …
Paradise lost is just not cricket for burnt beachfront investors
The site of the property development in Balapitiya, Sri Lanka, which ran out of funds in 2021.Credit: Pradeep Dambarage Questions have been raised about the transfer of more than $2 million from the …
Embassy of Sri Lanka organizes “Sri Lanka: Your Vital Island”, trade and tourism promotion event
The Embassy of Sri Lanka in Brussels organised an event showcasing Sri Lanka’s recent economic recovery and the emerging economic …