Adani Ports withdraws US funding request for Sri Lanka project
Sri Lankan conglomerate John Keells Holdings owns 34% of the terminal and the remaining stake is held by the state-run Sri Lanka Ports Authority, according to Reuters. The port also has a terminal run by China Merchants Port Holdings Co Ltd.
Adani Group pulls out of US loan deal for port in Sri Lanka’s Colombo
Subsidiary Adani Ports and Special Economic Zone Ltd said in a Tuesday statement that it was pulling its request for a loan of $553 million from the United States International Development Finance Corporation (DFC) to build the deep-sea Colombo West International Terminal.
Sri Lanka, South Africa
The United Nations Resident Coordinator in Sri Lanka, Marc-André Franche, has expressed hope that the commitment expressed by ...
Sri Lanka will soon make an announcement on relaxing vehicle imports, subject to certain constraints, Minister Nalinda ...
Sri Lanka's new government Tuesday welcomed US sanctions against two senior figures from the former ruling Rajapaksa family over two notorious graft cases involving aircraft purchases.
Sri Lanka’s regulatory environment for the insurance sector is regarded as “developing with limited transparency,” according ...
Moody’s Ratings is reviewing Sri Lanka’s sovereign credit rating for an upgrade, as the nation is set to complete the ...
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has joined hands with the Sri Lanka Retailers’ Association (SLRA) to ...
Sri Lanka has received the grant of 11.28 million meters of fabric required to be provided for schoolchildren as uniform ...
Jerry White, vice presidential candidate of the SEP in the US, addressed the Colombo meeting through the internet, arousing ...
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