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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…

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…

Sri Lanka Among 30 Nations Joining A Global Initiative to Tackle Marine Litter

A major international project that will help reduce marine plastic litter from maritime transport and fishing sectors is up for a successful start, after getting 30 countries including Sri Lanka on board.…

Adani Ports to get 51% equity stake in WCT at Colombo Port

With a 51 percent equity stake, India’s Adani Ports and Special Economic Zones Ltd. (APSEZ) is partnering with John Keells Holdings PLC (JKH) and with the Sri Lanka Ports Authority…

Sri Lanka brings back offer of developing deep-sea port to India and Japan

Sri Lanka is once again offering a strategically located deep-sea port to India and Japan as the island seeks to balance traditional ties against China’s rising regional influence. The government…

India propels Telegram to become most downloaded non-gaming app in Jan: Sensor Tower

Telegram was the most downloaded non-gaming app worldwide for January 2021 with more than 63 million installs, 3.8 times its downloads in January 2020. The countries with the largest number…