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Tag: Sri Lanka

Posted on November 8, 2023

Shakib leads Bangladesh to win after ‘time out’ drama

Bangladesh skipper Shakib Al Hasan triggered a debate on the spirit of cricket before smashing a rapid 82 in their three-wicket victory against 1996 champions Sri Lanka, who were eliminated from the 50-overs World Cup on Monday.
Posted on November 8, 2023

US to fund $553m deep-sea terminal in Sri Lanka

The United States will lend more than $550m for a deep-sea container terminal in Sri Lanka, officials say, with the project seen as countering China’s rising influence in the Indian Ocean. Sri Lanka …

( read original story …)



Posted on November 8, 2023

U.S. counters China’s Belt and Road with announcement of $553m investment in Sri Lanka port

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 …
Posted on November 8, 2023

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.
Posted on November 8, 2023

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 …
Posted on November 8, 2023

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 …
Posted on November 8, 2023

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 …
Posted on November 7, 2023

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.
Posted on November 7, 2023

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
Posted on November 7, 2023

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 …

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