Two days after Sri Lanka decided to scrap a 2019 agreement with India and Japan for operating the East Coast Terminal (ECT), Japan says the decision was “unilateral and regrettable.” Japan’s …
Sri Lanka Tamils march to protest deaths, disappearances
Hundreds of ethnic Tamils have begun a four-day protest march from eastern to northern Sri Lanka to demand justice for civilians killed and forcibly disappeared during the country’s civil war, alleged …
Japan regrets Sri Lanka’s scrapping of port terminal deal
The Japanese embassy said Wednesday that it regrets a decision by the Sri Lankan government to scrap a deal to develop a port terminal with Japan and India after weeks of protests by trade unions and …
Explained: Why Sri Lanka pushed India out of Colombo terminal project, what’s being offered as compensation
After the Sri Lankan decision reneging on the 2019 agreement, the country’s cabinet has now approved a proposal to develop the west terminal of the Colombo port as a Public Private Partnership with …
U.S. commits USD 40M loan to support small businesses, empower Sri Lankan women
The U.S. Government committed a $40 million loan to Sri Lanka’s SDB bank to support small and medium enterprises (SMEs) and women entrepreneurs. The loan from the U.S. International Development …
Facing protests, Lanka scraps India port deal, offers another project
In a reconciliatory move, Sri Lanka has offered India another undertaking to develop the West Container Terminal (WCT) at the same facility on a Public Private Partnership model along with Japan.
No Indian role in developing ECT in Colombo, Sri Lanka decides
The Sri Lankan government would instead offer the West Container Terminal to India for possible investments, a senior government source told The Hindu.
Sri Lanka pulls out of deep-sea container terminal deal with Japan and India
COLOMBO: Sri Lanka said on Tuesday it had pulled out of an agreement with Japan and India to develop a deep-sea container terminal viewed as an …
Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka
Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue on their globe trot, Fairfirst Travel Insurance …
Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka
Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue on their globe trot, Fairfirst Travel Insurance …