in favour of a business-to-business agreement. China Development Bank offered loans to cover 75 per cent of the project’s cost with a 40-year repayment term, and completion was promised in time for …
Are Indonesia, Malaysia and Sri Lanka really caught in a China ‘debt trap’?
in favour of a business-to-business agreement. China Development Bank offered loans to cover 75 per cent of the project’s cost with a 40-year repayment term, and completion was promised in time for …
India Helped Sri Lanka Way More Than China During Economic Crisis, Says PM Ranil Wickremesinghe
Sri Lankan Prime Minister Ranil Wickremesinghe said that China has not ditched Sri Lanka, but Beijing has been silent in the last few months.
Are Indonesia, Malaysia and Sri Lanka really ‘victims’ of China’s belt and road ‘debt trap diplomacy’?
Indonesia owes Chinese lenders more than US$22 billion for financing projects like the 150-kilometre Jakarta-Bandung High Speed Train Analysts argue that recipient countries are not hapless victims, …
China Shifting Focus to Southeast Asia, Sri Lanka President Says
China appears to be shifting its strategic focus toward Southeast Asia and Africa, Sri Lanka’s President Gotabaya Rajapaksa said, noting that South Asian countries in financial trouble aren’t getting …
3rd Women ODI: Sri Lanka beat Pakistan by 93 runs
International of three match series, Sri Lanka Women defeated Pakistan Women by 93 runs in Karachi on Sunday. Batting first, Sri Lanka set a victory target of 261 runs for the loss of seven wickets.
Sri Lanka Insurance shines at Brand Finance’s Most Valuable and Most Loved Brand Index
The national insurer, Sri Lanka Insurance (SLIC), yet again affirms its superiority in the insurance industry here being the Most Loved Brand in the Life Insurance and General Insurance categories and …
What the Crisis in Sri Lanka Means for the World
Many middle-income and developing countries are now suffering from a combination of internal political dysfunction and external economic shocks generated mainly by COVID-19 and the war in Ukraine. Sri …
Mominul steps down as Bangladesh test captain after run drought
An out-of-form Mominul Haque has stepped down as Bangladesh test captain in the wake of their home series loss against Sri Lanka, according to media reports.
Sri Lanka Seeks Another $500 Million Credit From India For Fuel: Report
Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit line of $500 million for fuel imports.