American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
The 2022 edition was held back in December 6-23 last year. Jaffna Kings won their second straight title by defeating Colombo Stars by two wickets in the final. They have won all three editions of the league, including 2020 edition as Jaffna Stallions.
The upcoming concert promises to be a remarkable event, as musicians from the UK, Malaysia, Greece, Afghanistan, Russia, Denmark, Thailand, Uzbekistan, Singapore, Bhutan, and Sri Lanka will be coming together to perform. The concert aims to promote cultural exchange initiatives for global co
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
A Sri Lanka national based in the United Kingdom was apprehended at Rameshwaram in Tamil Nadu while he was trying to return to his homeland on a mystery vessel, the Indian Coast Guard said on Saturday.
When the fishermen in the two boats were catching fish near Delft island in Palkbay sea, the Sri Lankan Navy patrolling the area apprehended them claiming that they crossed the border and caught "their" fish.
Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis. The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead-up to the crisis, further aggravated by a series of external shocks, according to a release
"I thank the IMF for approving Sri Lanka's program under the Extended Fund Facility. We are committed to full transparency in our efforts to achieve sustainable levels of debt and our reform agenda. The IMF program is critical to achieving this vision," the Sri Lankan President tweeted on M
The officials said that: "India has been invited along with Australia, Cook Islands, Brazil, Vietnam, Indonesia and others for the G7 Summit in Japan. India has huge potential and demand in terms of infrastructure development"