More results...
Colombo: Sri Lanka’s creditor nations held their first meeting and discussed restructuring the island country’s debt but China, which is itself the largest creditor, raised doubts over the success of the process, Nikkei Asia reported.Earlier, on Tuesday, India, Japan and France co-chaired the meeting where participants agreed to reduce Sri Lanka’s debt at an early date but China was just an
New Delhi: Two photographs of Sri Lankan origin were unveiled at the office of the State Minister of External Affairs and Culture in Delhi on Saturday to mark the 75th anniversary of Indo-Lanka diplomatic relations.Two photographs of Sri Lankan origin were exhibited in the office of the State Minister of External Affairs and Culture of India at the National Gallery of Modern Art in New Delhi
Colombo: SINOPEC, China’s largest oil and petrochemical products supplier and the second largest oil and gas producer is interested in the export-oriented oil refinery in Sri Lanka, but the question remains why?According to the Sri Lankan publication, Mawrata News, the friendly relationship between the two countries has been used for China’s journey to become a world power at the risk of the
There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
Defence Minister Rajnath Singh Alerts Prime Minister Narendra Modi about China’s Sri Lanka Radar Plan in Dondra Bay that Threatens India’s Strategic AssetsThe radar base will focus on monitoring the activities of the Indian Navy, apart from attempting to evaluate India’s strategic assets in South India reported PGurus website.Defence Minster Rajnath Singh has alerted Prime Minster Narendra Modi
The 10th Edition of annual Indian Navy Sri Lanka Navy bilateral maritime exercise SLINEX-2023 is scheduled to be held at Colombo from 3rd of April. The exercise is being conducted in two phases of three days each, the Harbour Phase followed by Sea Phase. The Indian Navy will be represented by INS Kiltan and INS Savitri while Sri Lanka Navy will have SLNS Vijayabahu and SLNS Samudura. In addition,
Colombo: After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7 bn to Sri Lanka, the International Monetary Fund (IMF) approved a USD 2.286 billion bailout for Sri Lanka on March 20.The Sri Lankan government under President Ranil Wickremesinghe endorsed on Saturday that Sri Lanka is no longer deemed bankrupt by the world,
Rameshwaram: A Sri Lanka national based in the United Kingdom was apprehended at Rameshwaram in Tamil Nadu while he was trying to return to his homeland on a mystery vessel, the Indian Coast Guard said on Saturday.The man was handed over to the Lankan authorities while his boat was impounded, the Coast Guard informed further.According to further details shared by the Coast Guard, the UK-based
Also, an I.M.F. loan to Sri Lanka and the Japan-U.S. final in the World Baseball Classic.
The turmoil was caused by severe shortages of some foods, fuel, cooking gas and medicine, after Sri Lanka went bankrupt because it could not repay its foreign debt.