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April 26, 2024
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 nation attempts to reduce...
April 25, 2024
SINGAPORE/COLOMBO/NEW DELHI, April 25 - C hinese state energy giant Sinopec is pushing for greater access to Sri Lankas market, where rival India is also seeking...
April 24, 2024
COLOMBO -Iran is ready to strengthen ties with Sri Lanka and other Asian countries, its president, Ebrahim Raisi, said on Wednesday, during a short visit to the island... -April 24, 2024 at 05:07 am EDT - MarketScreener
April 24, 2024
Iran's President Ebrahim Raisi arrived in Sri Lanka on Wednesday for a brief state visit aimed at strengthening ties, during which he will also open a $514-million hydropower project. The first visit by an Iranian president to Sri Lanka since an April 2008 trip by its then president, Mahmoud Ahmadinejad will see the two countries sign five pacts, or Memorandums of Understanding (MoUs). Iran agreed to build the hydro power project in 2010 but funds dried up after the release of $50 million...
April 22, 2024
By Mohamed Junayd MALE (Reuters) - Maldives voters handed President Mohamed Muizzu's party a landslide win at parlimentary elections, media said on Monday, an outcome set to shift the Indian Ocean archipelago closer to China and away from tradition...
April 22, 2024
Maldives voters handed President Mohamed Muizzus party a landslide win at parlimentary elections, media said on Monday, an outcome set to shift the Indian Ocean archipelago closer to China and... -April 22, 2024 at 01:50 am EDT - MarketScreener
April 22, 2024
COLOMBO (Reuters) - Sri Lanka's consumer price inflation rate dropped to 2.5% in March from 5.1% in February, official data showed on Monday, as the impact of a higher sales tax needed to meet targets set under a $2.9 billion IMF programme receded....
April 22, 2024
Sri Lankas consumer price inflation rate dropped to 2.5% in March from 5.1% in February, official data showed on Monday, as the impact of a higher sales tax needed to meet targets set under a... -April 22, 2024 at 05:40 am EDT - MarketScreener
April 21, 2024
Voters in the Maldives were flocking to the polls on Sunday in a parliamentary election that may determine whether the Indian Ocean island nation continues its shift toward China and away from its... -April 21, 2024 at 03:50 am EDT - MarketScreener
April 2, 2024
Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks squandering its demographic dividend, the World Bank said... -April 02, 2024 at 01:30 am EDT - MarketScreener