Via Energy Daily, an article on a Chinese state-owned firm’s plans to build major Sri Lanka port complex: A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub. Sri Lanka is looking to kickstart its economic recovery after defaulting on […]
Read more »Courtesy of STRATFOR’s Worldview, an interesting analysis of south Asia’s most vulnerable economies, namely Bangladesh, Sri Lanka and the Maldives: In the coming months and years, Bangladesh, Sri Lanka and the Maldives will need to implement macroeconomic adjustment programs to maintain market confidence and retain access to external financing at a reasonable cost, which will […]
Read more »Via The Diplomat, a report on how – with recent visits to Colombo by top officials from India and the U.S. – Sri Lanka’s power sector is becoming a theater of big power rivalry: Two top foreign officials visited Sri Lanka within a fortnight spanning late January and early February. The optics of these tightly […]
Read more »Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]
Read more »Via the Financial Times, a report on come unusual commercial activities led by Sri Lanka’s bloated military: The Laya is much like any other three-star resort on Sri Lanka’s glistening coast. About an hour south of Colombo, it is a popular spot for weddings and city dwellers hoping the sprawling beachfront garden, cricket pitch and […]
Read more »Via The Diplomat, an article on how the Sri Lankan government could take advantage of the crisis to do things that it could never attempt before, from addressing regressive subsidies to restructuring state-owned enterprises: Winston Churchill’s famous dictum, “Never let a good crisis go to waste,” could not be more apt for Sri Lanka in […]
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