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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...
SINGAPORE/COLOMBO/NEW DELHI, April 25 - C hinese state energy giant Sinopec is pushing for greater access to Sri Lanka's market, where rival India is also seeking...
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
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, as U.S. sanctions imposed later that year on the Middle East nation made it hard to transfer money...
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...