Indian Railways to export modern locomotives to Sri Lanka

Indian Railways to export modern locomotives to Sri Lanka

Mumbai, April 17 - Indian Railways will supply modern locomotives and train sets worth Rs 680 crore to Sri Lanka, in the largest export order for the public transporter. Rail India Technical and Economic Service (RITES), a railways PSU, has secured its largest export order from Sri Lanka Railways for the supply of 10 broad gauge diesel locomotives and six...

Sri Lanka’s call for integrated approach to international infrastructure development

Sri Lanka PM to visit Vietnam, to strengthen trade, industrial relations

Colombo, April 15 - Sri Lanka's Prime Minister Ranil Wickramasighe will visit Vietnam for talks with Premier Nguyen Xuan Phuc in a bid to strengthen trade, economic and industrial relations. Prime Minister Wickramasinghe and Mrs Maithree Wickramasinghe will visit Vietnam from April 16 to 19, a statement from his office said. Fisheries Minister Mahinda Amaraweera, Telecom Minister Harin Fernando, National...

Sri Lanka’s call for integrated approach to international infrastructure development

Sri Lanka’s call for integrated approach to international infrastructure development

By P.K.Balachandran Colombo, April 13 (www.newsexpress.lk): The Sri Lankan Prime Minister, Ranil Wickremesinghe, has called for an integrated approach to building infrastructure in South and South East Asia in the light of the fact that regional and global powers are flaunting competing schemes for infrastructural development in the Indo-Pacific region. Delivering the keynote address at the Business Forum organized by...

Challenges in re-integrating the Bay of Bengal region

Challenges in re-integrating the Bay of Bengal region

By P.K.Balachandran Colombo, April 13 (www.newsexpress.lk): The Bay of Bengal region, comprising Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand is marked by commonalities. The linguistic, religious and cultural similarities which run through the peoples of these countries provide a solid foundation for cooperation. In fact, in ancient times, this area was also closely knit by trade with vessels...

Sri Lanka seeks Japanese maritime leadership and investments from India to counter-balance China

Sri Lanka seeks Japanese maritime leadership and investments from India to counter-balance China

By P.K.Balachandran/www.bdnews24.com Colombo, April 12: Given its uneasy relations with China on account of the controversial deal over the US$ 1.4 billion Hambantota port, Sri Lanka is trying to checkmate the Asian giant by cultivating Japan and India. Prime Minister Ranil Wickremesinghe on Tuesday urged Japan to take the lead in ensuring maritime security and economic development in the Indo-Pacific...

There’s a historical basis for re-connecting the divided Bay of Bengal region

There’s a historical basis for re-connecting the divided Bay of Bengal region

Dhaka, April 11 (www.bdnews24.com): The Bay of Bengal region, comprising Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand, was once connected closely through trade, religious and cultural ties. But these were torn asunder by sweeping political changes in the region and beyond with the advent of European dominance. However despite persistent conflicts between the countries of the region, all...

Signing of Sino-Lankan agreement on Hambantota port put off indefinitely

Signing of Sino-Lankan agreement on Hambantota port put off indefinitely

Colombo, April 2 (newsin.asia): The signing of a Sino-Sri Lankan agreement on the Hambantota port, which was take place between April 7 and 8, has been put off indefinitely apparently because of the continuing controversies in Sri Lanka over the draft agreement, informed sources said. Nevertheless, an 80-member high level business delegation headed by Yu Zhengsheng, Chairman of the Chinese...

Sri Lanka to build two luxury hotels at Katunayake Airport

Sri Lanka to build two luxury hotels at Katunayake Airport

Colombo, March 30 - Sri Lanka’s cabinet is expected to approve a proposal to lease out two blocks of land at the Katunayake International Airport to build two star-class hotels. At the cabinet meeting held 10th May 2016, it was decided to call for proposals to select suitable investors for the construction and maintaining of two luxury hotels with a minimum...

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