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Tag: Sri Lanka

Posted on October 13, 2020

Debt trap: China’s loans to Sri Lanka are not out of benevolence

China is using its position at global bodies and money to dictate global terms. Sri Lanka has been looking for a financial lifeline to avoid defaults. But instead of approaching the IMF, the …

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Posted on October 13, 2020

COVID-19 outbreak exposes Sri Lankan government claims that pandemic is under control

The previous, relatively low number of COVID-19 infections in Sri Lanka is mainly the result of the government’s refusal to carry out systematic testing.

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Posted on October 12, 2020

England in Sri Lanka: Mickey Arthur ‘positive’ Joe Root’s side will travel

Sri Lanka coach Mickey Arthur says there is a “strong drive to get the game going” in the country after the coronavirus lockdown.

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Posted on October 12, 2020

Sri Lanka in talks to secure $500 mn in Chinese loans

On the heels of a top Chinese delegation’s visit to Sri Lanka, Colombo is negotiating a $500 million loan with Beijing, as it gears up to repay a daunting $4.5 billion of its outstanding debt next …

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Posted on October 12, 2020

China awards Sri Lanka with Rs 16.5 bn grant

China announced on Sunday (October 11) that it was providing a RMB Yuan 600 million (LKR 16.5 billion/USD 90 million) grant to Sri Lanka in an Agreement on Economic and Technical Cooperation. Calling …

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Posted on October 12, 2020

Increase awareness of ‘Made in Sri Lanka’ products in int’l markets

Sri Lankan fresh fruits & vegetable exporters should increase awareness for products ‘Made in Sri Lanka’ in international markets to increase business opportunities said Chief Delegate of the …

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Posted on October 12, 2020

Increase awareness of ‘Made in Sri Lanka’ products in int’l markets

Sri Lankan fresh fruits & vegetable exporters should increase awareness for products ‘Made in Sri Lanka’ in international markets to increase business opportunities said Chief Delegate of the …

( read original story …)



Posted on October 11, 2020

China grants $90M to Sri Lanka after visit by top official

China announced Sunday that it was providing a $90 million grant to Sri Lanka, two days after the island nation’s president sought help from a visiting Chinese …

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Posted on October 9, 2020

Sri Lanka’s Rajapaksa draws country closer to China after summit

China and Sri Lanka plan to restart discussions on a free trade agreement, Sri Lankan President Gotabaya Rajapaksa said on Friday, following a high-level meeting between the two countries. Seen as …

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Posted on October 9, 2020

Sri Lanka, Bhutan leads South Asia in COVID-19 testing – World Bank

A World Bank publication noted that Sri Lanka and Bhutan were leading the South Asian region in testing of the COVID-19 virus. They noted that both regions had the lowest rates per capita of the virus …

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