Apr 092018
 

Apr 09, Colombo: Despite a double-digit growth in exports, Sri Lanka’s trade deficit widened to exceed US$ 1 billion mark in January 2018 for the second consecutive month due to significant level of imports offsetting the increase in export earnings, according to the Central Bank data released in its …

Apr 092018
 

Apr 09, Colombo: Sri Lanka has become one of the first countries to openly support China’s Belt and Road Initiative, since it is highly compatible with Sri Lanka’s national development strategy and a golden opportunity to develop the island nation, Chinese Ambassador to Sri Lanka Cheng Xueyuan said.