In five years, not only is Mr. Rajapaksa back in power as he vowed, as the country’s Premier, but his new party has bulldozed Sri Lanka’s political terrain almost entirely, decimating the country’s …
Xinhua Headlines: 6 years on, Colombo Port City set to boost Sri Lanka’s economic growth
Colombo Port City is the largest foreign direct investment project in Sri Lanka’s history.– It will be “the main income generator for the future of Sri Lanka,” Prime Minister …
Owner of fire-stricken ship to pay $2.3M for Sri Lankan help
The owner of a large oil tanker that caught fire off Sri Lanka’s coast has agreed to pay $2.3 million to the island nation for its help in extinguishing the blaze, an official said Saturday. MT New …
India, Sri Lanka Agree to Work Closely on Pandemic-hit Economy
India and Sri Lanka’s leaders agreed to work closely on trade and investment to deal with the impact from the coronavirus pandemic. Prime Minister Narendra Modi held a virtual meeting with his …
India-Sri Lanka Summit: PM announces $15 million grant
Prime Minister Narendra Modi announced grant assistance of 15 million US dollars for promotion of Buddhist ties between India- Sri Lanka, said Amit Narang, Joint Secretary for Indian Ocean Region …
India-Sri Lanka Bilateral Talks: PM Modi Pitches For Devolution of Powers by Lankan Govt to Minority Tamils
India has been pressing Sri Lanka to implement the 13th amendment which was brought in after the Indo-Sri Lankan agreement of 1987 which envisaged devolution of powers to the Tamils. The two leaders …
Women in Sri Lanka Make up 56% of Voters, But Only 5% of Legislators
Money, pedigree, sexism and social norms keep Sri Lanka’s largest electorate – the country’s women – out of politics.
Mastercard (MA) to Spur Digital Transactions in Sri Lanka
Mastercard Incorporated MA recently extended its alliance with Central Bank of Sri Lanka (CBSL) in a bid to accelerate digital transactions across Sri Lanka. A case in point is Mastercard’s extension …
Mastercard (MA) to Spur Digital Transactions in Sri Lanka
Mastercard Incorporated MA recently extended its alliance with Central Bank of Sri Lanka (CBSL) in a bid to accelerate digital transactions across Sri Lanka. A case in point is Mastercard’s extension …
Sri Lanka seeks to balance India ties even as China presence grows
India’s Modi is set to meet his Sri Lankan counterpart in a virtual summit to reset ties, which have dipped amid China’s growing presence in the island.