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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…

India Has Its Way On Chinese Projects In North Sri Lanka – Analysis

India has got even with China by bagging the West Container Terminal and making Sri Lanka yield to its security concerns over Chinese power projects in the islands off Jaffna.…

Sri Lanka halts port deal with India and Japan

Sri Lanka on Tuesday scrapped a deal to develop a major port terminal with India and Japan amid weeks-long protests by trade unions and opposition parties while India called on…

Covid-19: Maldives signs deal with AstraZeneca for 700,000 vaccine doses

Maldives has entered an agreement with AstraZeneca Singapore Private Limited to procure 700,000 vaccination doses for the ongoing Covid-19 pandemic. This was revealed by the Health Emergency Operations Center (HEOC)’s…

MSC to launch a new direct service from India to West Africa with a call at Port of Colombo

The World’s second-largest shipping line, the Mediterranean Shipping Company(MSC) announced a new direct service, MSC India Africa Service (IAS) from India to West Africa with a call at Port of…

Sri Lanka seeks consultants for $100M India-funded solar project

The Sri Lanka Sustainable Energy Authority (SLSEA) is seeking consultants for the pre-feasibility study of installing solar rooftop systems in State buildings. The project is to be developed under a…

Elevated capex requirements may force Airtel Lanka to seek a M&A deal – Fitch

Bharti Airtel Lanka may still seek a merger and acquisition (M&A) deal due to competition and higher taxes amid elevated capex requirements, Fitch Rating said a latest report. “Telcos in…