COLOMBO, May 14 (Reuters) – The Chinese government has approved a $1 billion loan to Sri Lanka to build a highway and its export-import bank …
May 142018
May 142018
COLOMBO: China has approved a US$1 billion loan to revive a long-delayed expressway in central Sri Lanka, the island’s government said on …
May 142018
China has approved a $1 billion loan to revive a long-delayed expressway in central Sri Lanka, the island’s government said Monday. Construction of …
May 142018
ECONOMYNEXT – China’s envoy to Sri Lanka has informed Prime Minister Ranil Wickremesinghe that a long delayed 1.1 billion US dollar loan to …
May 122018
ECONOMYNEXT – An expressway to central Sri Lanka’s based on a 1.1 billion US dollar loan promised by the Exim Bank of China has been delayed …
May 092018
Ambassador Cheng reiterated that China attaches great importance to its relations with Sri Lanka, and stands ready to implement the important consensus reached by the leaders of the two countries, so as to actively push forward the practical cooperatio…
May 092018
Sri Lanka has told China that unfounded claims are being made on some of the projects funded by China in Sri Lanka, with ulterior motives. Speaker …
May 082018
When the Sri Lankans found themselves in the middle of a China debt trap last year, they handed over management of a key port to the Chinese under …
May 052018
Sri Lanka’s exports surpassed US $1 billion for the fifth time propped up by apparel which topped $5 billion and considerable growth of 42 per cent in seafood, the Central Bank (CB) said in its 2017 report. However a year-end increase in imports hiked the trade deficit to over $1 billion for the first time …
May 012018
The Central bank’s annual report for 2017 states that India has once again become the main source of imports for Sri Lanka and accounted for 21.6% of the total import expenditure. China which topped the charts in 2016 with a 20.8%, fell into second place in 2017 recording an 18.9% share of total …