In a recent report, AidData said the U.S. is catching up with China in terms of development finance after being overtaken by Beijing in terms of total official financial flows to the developing world in 2007. China’s lead has grown since then but the gap …
US plans to build a $553 million terminal at Sri Lanka’s Colombo port in rivalry with China
The U.S. has announced plans to launch a $553-million project to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing.
Sri Lanka parliamentary panel directs Finmin to impose tax after controversial sugar levy
ECONOMYNEXT – Sri Lanka’s Parliament Committee on Public Finance (COPF) has issued a directive to the Finance Ministry to impose an income tax over super gains by firms that could have possibly …
Sri Lanka parliamentary panel directs Finmin to impose tax after controversial sugar levy
ECONOMYNEXT – Sri Lanka’s Parliament Committee on Public Finance (COPF) has issued a directive to the Finance Ministry to impose an income tax over super gains by firms that could have possibly …
Sri Lanka: US Pledges $500 Million for Port of Colombo Expansion?
The United States International Development Finance Corporation (DFC) Chief Executive Officer, Scott Nathan, is poised to embark on a significant visit to Sri Lanka from November 7-8, 2023. His visit …
Bangladesh captain Shakib ruled out of final World Cup game
Bangladesh captain Shakib Al Hasan will miss his team’s final World Cup match after fracturing his finger during their win over Sri Lanka, the Bangladesh Cricket Board said on Tuesday.
Bangladesh v Sri Lanka: Cricket World Cup 2023 – live
After struggling throughout the tournament, both teams will be eyeing a Champions Trophy qualification. Join our writers for updates
Sri Lankan shares end higher as financials, consumer staples gain
BENGALURU, Nov 7 (Reuters) – Sri Lankan shares ended higher on Tuesday, aided by gains in financials and consumer staples stocks. * The CSE All Share index settled up 0.74% at 10,871.81. * LOLC …
Sri Lankan shares end higher as financials, consumer staples gain
BENGALURU, Nov 7 (Reuters) – Sri Lankan shares ended higher on Tuesday, aided by gains in financials and consumer staples stocks. * The CSE All Share index settled up 0.74% at 10,871.81. * LOLC …
Bangladesh going well against Sri Lanka in fiery contest
Follow live text, video clips and radio commentary as Bangladesh chase 280 to beat Sri Lanka, who are angered by controversial Angelo Mathews dismissal.