Via the Lowy Institute, a look at how India’s takeover of the Trincomalee Oil Tank Farm will help build energy interdependence with Sri Lanka India has recently moved to take effective control over the giant oil tank farm in Trincomalee, Sri Lanka. This marks is a key step in integrating Sri Lanka into India’s national […]
Read more »Via Nikkei Asia, a look at Sri Lanka’s efforts to cultivate a sustainable fashion industry to boost competitiveness: The small town of Arayampathy on Sri Lanka’s eastern coast was once part of the turf contested by government troops and Tamil separatists in the country’s three-decade civil war. Now, years after the guns fell silent, the […]
Read more »Via Energy Daily, a report on a recent Sri Lankan decision to award power contracts to India rather than China: Sri Lanka on Friday awarded the construction of three solar and wind hybrid power generation facilities to an Indian company after scrapping a tender won by a Chinese firm.New Delhi has long been concerned about […]
Read more »Courtesy of The Financial Times, a report on US plans to lend $553mn for the development of a container terminal in Sri Lanka operated by Indian tycoon Gautam Adani as Washington works to counter China’s influence in the country: The US will lend $553mn for the development of a container terminal in Sri Lanka operated […]
Read more »Via The Diplomat, a look at what Ghana, Zambia, and Sri Lanka can tell us about the global debt problem – and China’s role in both debt distress and debt relief: The issue of global debt distress is a matter of great concern, not just for the affected developing nations but also for developed countries […]
Read more »Courtesy of the Wall Street Journal, a report on the growing scale and importance of remittances to the developing world, which hit a record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power: More people than ever are migrating worldwide, with millions of people sending home record amounts of cash […]
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