Sri Lanka - Asian News from UK

IMF, Lanka Edge Closer with Staff-Level Agreement

The island nation will have access to about $330 million in financing once the review is approved…reports Asian Lite News An official confirmed on Friday that Sri Lanka has achieved a staff-level

October 20, 2023

-Top News·Asia News·Sri Lanka

Lanka Taps Into Fisheries

The Minister said that this strategic endeavour aims to attract investments related to the fisheries sector…reports Asian Lite News Sri Lankan State Minister of Fisheries, Piyal Nishantha, has announced the development of

October 19, 2023

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Sri Lankan President Arrives in Beijing For BRI Forum

Sri Lanka’s total external debt exceeds USD 50 billion, with a significant portion, roughly ten per cent, owed to China…reports Asian Lite News Sri Lankan President Ranil Wickremesinghe on Monday arrived in

October 17, 2023

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Wickremesinghe Due in China for BRI Meet

The third Belt and Road Forum for International Cooperation which is scheduled to be held of October 17 and 18…reports Asian Lite News On the heels of China’s announcement on the debt

October 16, 2023

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China Emerges as Lanka’s Largest Bilateral Creditor

In his recent statements President Wickremesinghe has described China in a positive light but complained against the West and the US…reports Asian Lite News On the heels of China’s announcement on the

October 16, 2023

-Top News·China·Sri Lanka

High-Speed Ferry Reconnects India and Sri Lanka

India’s Minister for Ports, Shipping and Water Ways, Sarbananda Sonowal and Tamil Nadu Minister for Public Works and Ports, E.V. Velu flagged off the ferry service from Nagapattinam port today. A high

October 14, 2023

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China Agrees to Debt Restructuring with Sri Lanka

The agreement with the largest single creditor is to help clear one of the biggest barriers the debt-stricken island nation…writes Susitha Fernando China has at last agreed on a much-awaited debt restricting

October 13, 2023

-Top News·Sri Lanka

EAM Leads India’s Delegation to Sri Lanka

During the visit to Sri Lanka, EAM Jaishankar called on Sri Lankan President Ranil Wickremesinghe at the President’s Secretariat…reports Asian Lite News External Affairs Minister (EAM) S Jaishankar led the Indian delegation

October 13, 2023

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Lanka Navigates Economic Troubles amid China’s Growing Influence

USD 232 million to the China Development Bank, and USD 232 million to the Export-Import Bank of China, according to Daily Mirror, a daily English-language newspaper published in Sri Lanka…reports Asian Lite

October 12, 2023

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UK and Lanka strengthen ties

The UK supports Sri Lanka in its environmental initiatives, building on its remarkable track record as the first G7 country to legislate for Net Zero carbon emissions…reports Asian Lite News Celebrating 75

October 12, 2023

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