South Asia and Beyond

Chinese Foreign Minister Urges Sri Lanka To Resume FTA Talks

COLOMBO: During Chinese Foreign Minister Wang Yi’s visit, Sri Lanka and China signed four agreements; namely an agreement on Economic and Technical Co-operation, the Letter of Exchange on the project of 2,000 subsidised housing units for the low-income category in Colombo, the Handover Certificate of the Technical Cooperation Project for the Bandaranaike Memorial International Conference […]Read More

Basil Rajapaksa Discusses Economic Assistance With India

A meeting between Sri Lanka’s Minister of Finance Basil Rajapaksa and Indian Prime Minister Narendra Modi, which was scheduled to be held on Thursday has failed to materialise for what government sources indicated were scheduling issues, The Morning has learnt. However, the Minister of Finance did meet India’s National Security Adviser Ajit Doval in New […]Read More

Line Of Credit: Lankan Government Looking At $1.5 Billion From

COLOMBO: Sri Lankan Finance Minister Basil Rajapaksa is expected to visit India in early December, while reports from the government stated that the impending Indian tour could even take place this week. The Finance Minister had sought meetings with several senior members of the Indian Government including Indian Prime Minister Narendra Modi and the Ministers […]Read More

Basil Muscles His Way Through Government With New Programme

Basil Rohana Rajapaksa, the founder of Sri Lanka’s ruling party Podujana Peramuna (SLPP), has secured yet another political victory after being sworn into the finance portfolio and returning to Parliament. After weeks of campaigning by Basil loyalists in the SLPP that resulted in fractures within the party, the final decision on Basil’s return to Parliament […]Read More

Port City Tilts Balance Towards China As India Watches On

COLOMBO: The issue of the Colombo Port City Economic Commission is now done and dusted, with Speaker Mahinda Yapa Abeywardena signing and validating the Bill, which was passed by Parliament the previous week. Thereby, the Colombo Port City Economic Commission Act is now effective. However, the legislation has thrown up several key geopolitical issues, from […]Read More

Strengthen Ties Among Asian Countries To Overcome Covid: Gotabaya

Relationships and understanding among all countries in Asia and around the world should be strengthened to combat the challenges thrown up by the ongoing Covid-19 pandemic, Sri Lankan President Gotabaya Rajapaksa has said. Delivering the keynote speech at the “Future of Asia” International Conference, he stated that all nations should unite and work with confidence […]Read More

Trade Unions Oppose Adani, Want Shipping Company

The development of the West Container Terminal (WCT) of Colombo Port should be carried out with a shipping company, not with the Indian Adani Group of Companies, say trade unions attached to the Colombo Port. Adani may be suitable to the government for the development of the WCT but it is not suitable to the […]Read More

UN Resolution: Sri Lanka Opts To Go In For Vote

COLOMBO: As a decisive week approaches for Sri Lanka at the UN Human Rights Council (UNHRC), with the Core Group resolution on Sri Lanka to be taken up for vote, the Sri Lankan Government has decided to face the vote, even with the surety of being defeated, rather than opt for a last-minute consensual resolution. […]Read More