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India and China help SL to tackle the crisis without much US aid.
As Sri Lanka grapples with economic and political turmoil with some help from India and China, the lack of US presence stands out, but analysts say this may be due to Washington’s strategic convergence with New Delhi, even if it could do more to support Colombo.
Colombo Port City SEZ takes the lead in attracting FDIs
CHEC Port City Colombo in collaboration with the Colombo Port City Economic Commission (CPCEC ) successfully introduced the Special Economic Zone to 50 plus potential investors and members at a specially curated Breakfast meeting held at the Business Forum Event
JICA Loan Operations in Sri Lanka put on hold
Japan has halted 12 projects under Japan International Cooperation Agency (JICA) in Sri Lanka until the International Monetary Fund (IMF) provides a roadmap to the crisis-hit island, a top minister said.
HRW requests SL to resume Stolen Asset Recovery initiative
Human Rights Watch is requesting Sri Lanka to resume participation in the Stolen Asset Recovery (StAR) initiative, a World Bank and United Nations partnership to support international
Sri Lankans go for foreign jobs to help families survive inflation
Sri Lankans in large numbers fed up with the country’s economic crisis are increasingly desperate to go abroad for jobs