COLOMBO -- Apparently moving to counter China's formidable presence across Sri Lanka, President Ranil Wickremesinghe's administration is increasingly engaging Indian companies for vital projects.
The southern seaport of Hambantota was handed to a Chinese state-owned company in 2017 on a 99-year lease for US$1.12 billion ...
With the IMF bailout in place, Sri Lanka has embarked on a path to stabilize its economy and regain growth momentum by 2024 after two years of economic downturn. As part of this endeavor, the Sri ...
COLOMBO, April 26 (Reuters) - Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island ...
Sri Lanka regained its preferential trade status under the European Union’s Generalized System of Preferences Plus, enabling many of its firms to export products, including its top export ...
"Discussions are ongoing (for) a joint venture in the military industry," Tennakoon said. His statement comes a little more than a month after India's High Commissioner to Sri Lanka Santosh Jha told a ...
COLOMBO: Fintech company PhonePe's Unified Payments Interface (UPI) has been launched in Sri Lanka. Central Bank of Sri Lanka Governor Nandalal Weerasinghe and India's High Commissioner to Sri ...
Iranian President Ebrahim Raisi, left, and Sri Lankan President Ranil Wickremesinghe shake hands at the inauguration of the Uma Oya Multipurpose Development Project in Uma Oya, about 180km (112miles) ...
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Sri Lanka's Tourism Minister, Harin Fernando, has pointed out the positive impact of calls for Indian travellers to boycott the Maldives on Sri Lanka's travel industry. Fernando expressed that the ...