Occupying a strategic spot in a sea lane connecting the Indian and Pacific oceans, Sri Lanka is an important piece of the puzzle in China’s Belt and Road Initiative, a grand project to create a sweeping economic zone encompassing Asia and Europe. China has for this reason launched a diplomatic …
Mar 02, Singapore: Sri Lanka’s Prime Minister Ranil Wickremesinghe met with Singapore’s Minister of Trade and Industry, S. Eswaran at the Four Seasons Hotel in Singapore today (02) for discussions on strengthening the bilateral trade and investments. During the discussion both the Sri Lankan …
It’s more than three years since President Maithripala Sirisena came to power in Sri Lanka. He took over from a government which was accused of human rights abuses during the war against Tamil separatists. Sirisena had promised a less authoritarian style of leadership. But Al Jazeera has seen …
COLOMBO, March 1 (Reuters) – Sri Lanka’s stock , bond and foreign exchange markets are closed on Thursday for a Buddhist holiday. Markets will resume trading on Friday. For Sri Lanka market news, click . (Reporting by Colombo newsroom). Disclaimer: The views expressed in this article are those of …
Litigation is the primary way out of disputes between commercial parties, but the process in Sri Lanka is known to be costly and long-drawn. Arbitration is becoming the preferred way for cross-border disputes. ILLUSTRATION: CREATIVE COMMONS. OVER the l…
ECONOMYNEXT – Chief executives and equivalent leaders of Sri Lankan companies have expressed optimism about the business climate in the next 12 months with most saying they plan big capital investments, a new survey has found. Almost three-quarters of …
The idea of good governance in Sri Lanka seems to be – to make lot of good promises and thereafter to ignore all of them. This is not only an internal policy, but this seems also to be our international policy particularly with regard to the United Nat…
Sri Lanka’s limited-overs captain Angelo Mathews has been ruled out of next month’s tri-nation Twenty20 tournament after failing to recover from a hamstring injury, the country’s cricket board said on Monday. The hosts will be led by Dinesh Chandimal in the series starting on 6 March at Colombo’s R …
COLOMBO, Feb 27 (Reuters) – Sri Lankan shares closed almost unchanged on Tuesday amid selling by foreign investors and some concerns about political stability, dealers said. … Shares of AIA Insurance Lanka Plc ended 8.6 percent weaker, while Nestle L…
A 22-year-old Egyptian driver had been arrested on charges of killing a 54-year-old Sri Lankan maid following a love affair, the Egypt Independent reported on Monday. The suspect, Mahmud R, had admitted during interrogations by Giza prosecutors the details of the story which ended with the maid’s …