About 3,200 small-scale fishing families have been seriously affected by the creation of sea leech farms in Kowtharimunai in Pooneryin by the Chinese company, losing their livelihoods during an ongoing economic crisis in the country.
In Kiranchi village, Kilinochchi, the traditional fishermen's protest against sea cucumber farms has crossed 100 days. In the northern peninsula, the farming method of caging a specific area in the sea and harvesting sea cucumbers is an unfamiliar experience, according to CSST.
According to TRC, China has stepped up its Buddhist outreach to Sri Lanka, which remains a major Buddhist nation and is also targeted by Beijing under its Debt-Trap Diplomacy.
Both Sri Lanka and Pakistan are caught in China's debt track but while China has offered a bailout package to Pakistan, it has refused to defer loan repayments of Sri Lanka, True Ceylon News reported.
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its
The Financial and Commercial Crimes Bureau of the CID has arrested three persons for committing massive cryptocurrency fraud amounting to around LKR 14 billion (USD 37,891,504), reported Sunday Island Online.
Colombo [Sri Lanka], October 19 (ANI): The Chinese government, under the leadership of President Xi Jinping, is targetting news consumers globally using massive campaigns to influence media outlets, according to media watchdogs.
Colombo [Sri Lanka], October 13 (ANI): The diplomatic ties between Sri Lanka and China were strained after a Chinese company mislead Colombo authorities by taking the money and not supplying the fertilizer to the island country, a media report said.
Colombo [Sri Lanka], September 16 (ANI): The Lotus Tower of Colombo which is funded by China and constructed under its Belt and Road Initiative (BRI) was declared open to the public on Thursday.