The new deals ‘signal a deepening of China’s influence in Sri Lanka’ and revive concerns of a debt trap, analysts say.
The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have renewed the Bilateral Currency Swap Agreement signed in 2021, for a period of another three years, under the terms and c
China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,
Hosts Malaysia were shot down for just 23 in their maiden Under-19 Women's T20 World Cup appearance by Sri Lanka, who registered a massive win of 139 runs in the first of the two games on Sunday, in Kuala Lumpur.
The Isle of Man has made a BBC list of 25 places to travel for 2025 which promote sustainable travel. The island joins more exotic places like Dominica, Japan, Greenland and Sri Lanka as must-visit places. The list was compiled using input from BBC Travel journalists and some of the world’s leading sustainable travel authorities.
Event set to focus on maximizing Tourism potential The Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce will host a session focused on “Maximising Tourism Potential,”, exploring strategies to position Sri Lanka as a leading global destination,
Australia received a positive update on Monday, giving the squad a much-needed fitness boost amidst a number of injury issues.
China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.
Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September.
China has pledged a historic USD 3.7 billion investment in Sri Lanka for a state-of-the-art oil refinery. This is part of enhanced Belt and Road Initiative cooperation between the nations, following agreements signed during Sri Lankan President Anura Kumara Dissanayake's state visit to China.
Steve Smith was named as Australia's Test captain for the Sri Lanka tour after Pat Cummins was unavailable due to left ankle soreness and the birth of his second child.
A deflationary environment in Sri Lanka is expected to continue in early 2025, according to the central bank governor, highlighting a change in scenario for the South Asian nation that had struggled with high prices during an unprecedented economic crisis.