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Sri Lanka expects FDI to jump to $1.3 billion with India taking lead - Vimarsana News

Sri Lanka expects FDI to jump to $1.3 billion with India taking lead

COLOMBO (Reuters) - Sri Lanka is expecting foreign direct investment inflows to rise by a fifth to $1.3 billion this year, a government official said on Wednesday, with India likely to play a lead role despite the Sri Lankan economy facing its worst crisis in decades. | May. 24

China's Sinopec to enter Sri Lanka retail fuel market - Vimarsana News

China's Sinopec to enter Sri Lanka retail fuel market

Sinopec has signed a contract to enter Sri Lanka's retail fuel market, the president's office said on Monday, as the crisis-hit country attempts to reduce pressure on its meagre dollar reserves. ... | May 22, 2023

China should play formal role in Sri Lanka's debt restructuring - Vimarsana News

China should play formal role in Sri Lanka's debt restructuring

COLOMBO, May 16 (Reuters) - China should play a formal role in the common framework for creditor talks set up by India and the Paris Club that is aimed at facilitating Sri Lanka's debt restructuring, a U.S. off... | 04:00am

China should play formal role in Sri Lanka's debt restructuring - Vimarsana News

China should play formal role in Sri Lanka's debt restructuring

Sri Lanka defaulted on its foreign debt for the first time in its history last April as its economy faced its worst financial crisis in more than seven decades

Source: zawya.com
Sue-Lin Wong and David Rennie of The Economist Win Osborn Elliott Journalism Prize - Vimarsana News

Sue-Lin Wong and David Rennie of The Economist Win Osborn Elliott Journalism Prize

The two are being honored for their China coverage in 2022.