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India aims to meet vaccine orders placed by Sri Lanka in August

Depending on the scale of production of vaccines, India is aiming to meet vaccine orders placed by Sri Lanka and other South Asian neighbors by July-end or August, The Print…

Asian renewable investments expected to double to $1.3T by 2030

Reuters: Asia Pacific investments in renewable energy generation by 2030 may double to $1.3 trillion from the previous decade, dwarfing fossil fuel power expenditures that are expected to drop by…

Sri Lanka’s FX reserves hit a new low of $ 4.02 billion in May

Sri Lanka’s gross official foreign exchange reserves tumbled to $ 4.02 billion at end of May from $4.5 billion a month ago as the country faces $3.5 billion external debt…

Delhi-Colombo-Beijing triangle undergoes another shift

By Professor Harsh V Pant Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new…

U.S. Senate advances bipartisan legislation to counter China’s growing influence

(CNN): The Upper Chamber of United States Congress, Senate last Thursday advanced bipartisan legislation that would counter China’s growing influence by investing over $200 billion in American technology, science, and…

Costly Chinese COVID Vaccine Sparks Row in Sri Lanka

Disclosure of procurement price of China’s Sinopharm vaccine in Sri Lanka has sparked a row after reports emerged that Colombo had to shell out a higher per-dose price than its…

Advocata Proposes Changes to Colombo Port City Commsion Bill to Maximize Economic Benefits for Sri Lankans

Colombo-based Pro-market Think-Tank, Advocata Institute proposed five key areas for the consideration of Sri Lanka’s Members of Parliament (MPs) in order to maximize the economic benefits of China-backed Colombo Port…

Indian and Chinese multinational corporations and financial institutions could influence the proposed ban on agrochemicals imports into Sri Lanka

A Sri Lankan-based leftist agrarian movement warned the government of possible influences by Indian and Chinese multinational corporations and financial institutions to do away with the recent decision to ban…

Supreme Court to further consider petitions challenging Colombo Port City Economic Commission Bill tomorrow

The Supreme Court today postponed further consideration of the petitions filed challenging the ‘controversial’ Colombo Port City Economic Commission Bill until 10 am tomorrow (20th). The Bill aims to provide…

The United States Blacklists Seven Chinese Supercomputing Entities

The Department of Commerce’s Bureau of Industry and Security (BIS) has added seven Chinese supercomputing entities to the Entity List for conducting activities that are contrary to the national security…