The new deals ‘signal a deepening of China’s influence in Sri Lanka’ and revive concerns of a debt trap, analysts say.
Smith under cloud for Sri Lanka
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,
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
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.
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,
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.
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.
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.
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 has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. "During President Anura Kumara Dissanayake’s four-day state visit to China,
Sri Lanka’s decision to enter into media agreements with China raises the concern that it is seeking to emulate this authoritarian model of media control. The announcement that five out of six agreements Sri Lanka is set to sign with China involve Chinese media institutions has sparked widespread concern about the country’s media landscape.