It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink of an economic abyss that …
Pakistan Following Sri Lanka’s Path To Chinese Debt Trap: Report
Pakistan’s already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian …
Pakistan Following Sri Lanka’s Path To Chinese Debt Trap: Report
Pakistan’s already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian …
Why wouldn’t a business media house report on a controversy involving Modi and the Adani group?
India’s Adani’s group, its proximity to prime minister Narendra Modi, and its influence over the Sri Lanka government has been at the centre of a political controversy unfolding in Sri Lanka over the …
PAK could meet Sri Lanka’s fate…; Pakistan finance minister sounds the alarm [details]
Pakistan’s finance minister Miftah Ismail demands tough decisions like abolishing subsidies on petroleum products to avoid ending up in a similar position as that of Sri Lanka.
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 …
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 …