Despite Trump-Modi bonhomie, Indo-US economic relations remain in the doldrums

Despite Trump-Modi bonhomie, Indo-US economic relations remain in the doldrums

Colombo, June 27: Despite words signifying undying friendship and bear hugs, which marked President Donald Trump’s interaction with Indian Prime Minister Narendra Modi in Washington on Monday, economic relations between the United States and India seem destined to remain in the doldrums indefinitely, writes P.K.Balachandran in www.lankabusinessline.com While there was a strong understanding on cooperation to tackle terrorism and on...

Pilots‘ Guild Okays Suspension of License of Drunken Sri Lankan Airlines Pilot on international flight

Sri Lanka to hold talks with Emirates over partnering with Sri Lankan Airlines

Colombo, June 19 (newsin.asia) - Several international airlines including Emirates have expressed interest in partnering with Sri Lanka's national airline carrier, Sri Lankan Airlines for its development under the Private Public Partnership model, an official here said on Monday. State Finance Minister Eran Wickramaratne told reporters here that informal talks had taken place with those having interest in investing in Sri...

ADB provides $2 million grant for relief efforts in Sri Lanka

ADB provides $2 million grant for relief efforts in Sri Lanka

Colombo, June 9 (newsin.asia) - The Asian Development Bank (ADB), on Friday said it had approved a $2 million grant to finance relief efforts in Sri Lanka following the recent floods and landslides that claimed the lives of over 200 people and damaged the homes and livelihoods of hundreds of thousands more. “Considering the scope of the damage in Sri Lanka and...

Beyond parochialism and pettiness: Setting a regional agenda for actual cooperation

Beyond parochialism and pettiness: Setting a regional agenda for actual cooperation

By P.K.Balachandran/Daily Express Colombo, June 8: South Asia has a plethora of regional cooperation institutions, but their performance has been dismal. Parochialism, petty nationalism and mutual suspicions have been the bane of these institutions, though they have been around for decades and have been holding meetings frequently to ritualistically express sentiments of brotherhood and signing agreements. SAARC came into being...

BIMSTEC’s success hinges on eschewing parochialism, says Secy Gen. Nakandala

BIMSTEC’s success hinges on eschewing parochialism, says Secy Gen. Nakandala

Dhaka June 7 (newsin.asia): Sumith Nakandala, Secretary General of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), has called upon member states to eschew parochialism and pettiness and develop pluralistic values to help BIMSTEC realize its full potential as an engine of economic development in the Bay of Bengal region. “ Political commitment alone will not...

Unlimited number of Sri Lankan flights can now operate from six Indian airports

Sri Lankan Airlines to continue flights to Qatar

Colombo, June 6 (NIA) - Sri Lanka's national airline carrier, Sri Lankan Airlines, on Tuesday said it will continue to operate its flights to Qatar after several Gulf States and the Maldives cut off all ties with the Arab state. Sri Lankan Airlines however said it will continue to monitor the situation in the Middle East closely. UAE airlines are...

Ranil tightens grip over economic and foreign portfolios

Ranil tightens grip over economic and foreign portfolios

By P.K.Balachandran Colombo, June 2 (Daily Express): Sri Lankan Prime Minister Ranil Wickremesinghe has tightened his grip over the country’s economic and foreign policies through the two ministerial portfolio shuffles carried out by President Maithripala Sirisena recently. In Wednesday’s shuffle of junior ministers’ portfolios, banker and Wickremesinghe loyalist Eran Wickramaratne was made State Minister of Finance to assist the new...

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