(Bloomberg) — Sri Lanka has tumbled from best to worst in Asia’s dollar bond market, underscoring how fast the pandemic can chill sentiment toward weaker emerging-market assets. The island nation’s …
More loans could possibly leave Sri Lanka in the hands of China, warns top political economist
Following the recent visit of the Chinese delegation led by Yang Jiechi, a member of the Communist Party of China’s Politburo, Sri Lanka received a concessionary loan of US$500 million. Will this …
China’s snub to US Pompeo: ‘You ain’t welcome in Lanka’
Until and unless Sri Lanka formally solicited China’s opinion on the outcome of the talks, it was not the business of third party China to comment on it publicly beforehand, and cast aspersions on …
The Latest: Sri Lanka arrests dozens as cases climb
For the first time, Sri Lanka police have arrested dozens of people for not wearing masks and failing to maintain social distancing, under the new laws …
State Minister Cabraal dispels fears about Sri Lanka’s debt service capacity
State Minister of Money and Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal has said nobody should harbour fears of Sri Lanka’s ability to service its debt. Fears being expressed in …
Vision of US For Sri Lanka Very Different From ‘Predator’ China, Says Pompeo
Addressing a joint press conference with his Sri Lankan counterpart Dinesh Gunawardena after bilateral talks, the top US diplomat said that the US and Sri Lanka shared a democratic vision.
US counters China in Sri Lanka and Maldives by driving a wedge
The ideological choice that Washington is asking Sri Lanka and the Maldives to make comes with both countries beholden to China and its financial muscle. Multibillion-dollar loans arranged by …
Sri Lanka to support Afghanistan in sports and youth exchange programs
(MENAFN – Pajhwok Afghan News) KABUL wok): Sri Lanka and Afghanistan talked on … and Investment (ACCI), which he said should help business communities on both sides to explore and take advantage …
Pompeo slams ‘predator’ China as US seeks Asian influence
US Secretary of State Mike Pompeo called China’s Communist government a “predator” Wednesday as he sought to tempt Sri Lanka away from Beijing’s influence and later bolstered the US diplomatic …
US one of Sri Lanka’s major development partners – Dinesh
The United States (US) is one of Sri Lanka’s major development partners with over US$ 2 billion worth of development assistance in wide-ranging areas including: Agriculture, Environment, Natural …