The government of Sri Lanka launched a project for a passenger ferry service between the port of Kankasanthurai, Sri Lanka and Pondicherry, India to provide a more affordable and convenient mode of transportation.
The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.
China now seems to pressure Sri Lanka into entering into a Free Trade Agreement (FTA) under the guise of helping to restructure debt repayments following the delayed assurance for the restructuring of its debt with some conditions.
By: Staff Writer
Colombo (LNW):Indonesia is set to enhance cooperation in the field of employment with Sri Lanka. Indonesian Manpower Minister Ida Fauziyah disclosed on...
The Central Bank of Sri Lanka (CBSL) has announced that it is considering criminal action against a group that ran a crypto investment scheme dubbed Sports Chain.