Results: 68

Lack of transparency in Chinese contracts were the concern Harsha

Lack of transparency in Chinese contracts were the concern  Harsha

Our major concern was the lack of transparency with the way infrastructure projects were originally awarded to the Chinese, Deputy Minister Foreign Affairs Harsha Desilva said in an interview. Speaking to Finance Asia he added that where we could, we were able re-negotiate and restructure the contracts to bring the overall costs down. MORE...

February 16, 2016  08:34 am|

Port City can resume tomorrow if Chinese firm agrees to leasehold - Ravi

Port City can resume tomorrow if Chinese firm agrees to leasehold - Ravi

Finance Minister Ravi Karunanayake says that the Sri Lankan government is prepared give the go-ahead for the Colombo Port City project to resume even tomorrow, if the Chinese company agrees to begin the US$1.4 billion project on a 99-year lease. MORE.

December 12, 2015  10:17 pm|

Government says would consider visit by China navy ships

Government says would consider visit by China navy ships

Sri Lanka would consider allowing Chinese naval ships to visit again but no request has been forthcoming yet, the countrys defence Secretary said on Sunday. MORE...

October 18, 2015  05:23 pm|

China seeks to rebuild Silk Road trade links

China seeks to rebuild Silk Road trade links

China is increasingly engaging other countries for its One Belt, One Road initiative to rebuild the historic Silk Road which begins in Fuzhou, China and goes via Vietnam, Indonesia, Bangladesh, India, Sri Lanka, the Maldives and East Africa to build trade links with Europe, Asia and Africa. MORE...

September 20, 2015  03:24 pm|

Govt at risk of claims by Chinese port city project - document

Govt at risk of claims by Chinese port city project - document

Sri Lanka would be exposed to the risk of claims from the firm managing a suspended Chinese-backed real estate project if the government fails to obtain approvals needed by the project within 60 days, a government document showed on Thursday. MORE..

September 18, 2015  10:53 am|

China like to assist and cooperate with Sri Lanka: Xianliang

China like to assist and cooperate with Sri Lanka: Xianliang

Ambassador of the Peoples Republic of China to Sri Lanka Ambassador, Yi Xianliang, said that China would like to assist and cooperate with Sri Lanka in economic development including maritime economy of which there should be of great potentials. MORE...

September 13, 2015  11:04 am|

Couldnt win the war without Chinas help: SF

Couldnt win the war without Chinas help: SF

Sri Lanka will maintain the close relationship with China that provided strong support to help Sri Lanka end its 30-year civil war with the Tamil Tiger rebels in May 2009, a leading military officer has said. MORE...

September 6, 2015  05:34 pm|

India not capable of providing large investment and loans to SL?

India not capable of providing large investment and loans to SL?

Chinas state media today said Sri Lanka should retain friendship with cash-rich China as India is not capable of providing large investment and loans, in the first commentary following the defeat of pro-Beijing Mahinda Rajapaksa in the recent parliamentary elections. MORE...

August 24, 2015  11:40 pm|

China stands ready to work with new Government

China stands ready to work with new Government

China stands ready to work with Sri Lanka to consolidate the traditional friendship, strengthen mutually-beneficial cooperation, and elevate China-Sri Lanka strategic cooperation partnership to a new level, said Chinese Foreign Ministry Spokesperson Hua Chunying. MORE...

August 19, 2015  05:08 pm|

Chinese tourists advised to be cautious in Sri Lanka

Chinese tourists advised to be cautious in Sri Lanka

Chinese tourists traveling in Sri Lanka have been urged to remain cautious due to various accidents in the island nation. MORE..

August 16, 2015  11:16 am|

Sri Lanka softens stance on China-backed port project

Sri Lanka softens stance on China-backed port project

Sri Lanka is offering a compromise that could allow a major Chinese-backed real estate project to restart after months of delays, Finance Minister Ravi Karunanayake told Reuters on Monday. MORE...

August 11, 2015  08:39 am|

Chinese company rejects reports of funding Sri Lankan politicians

Chinese company rejects reports of funding Sri Lankan politicians

The China Harbour Engineering Co Ltd (CHEC) on Thursday rejected reports that it had offered financial assistance to any politician during Sri Lankas January presidential elections. MORE...

July 24, 2015  08:36 am|

No pressure from India on Port City project - govt

No pressure from India on Port City project - govt

The Sri Lankan government has denied reports that the Indian government is exerting pressure on it to stall the $1.4 billion Colombo Port City Project. MORE..

July 23, 2015  10:15 am|

India wanted Sri Lanka to stop Colombo Port City Gotabaya

India wanted Sri Lanka to stop Colombo Port City  Gotabaya

Former Defence Secretary Gotabaya Rajapaksa says that Indias National Security Advisor had requested the former Sri Lankan government to stop the Chinese-funded Colombo Port City project as it would pose a threat to that countrys security. MORE..

July 17, 2015  03:09 pm|

Kerala eyes more tourists from Sri Lanka

Kerala eyes more tourists from Sri Lanka

A luxury liner from Sri Lanka and chartered flights from China are expected in Kerala as part of efforts to woo more tourists from the two countries, the IANS reported. MORE...

July 9, 2015  05:24 pm|

Indian Ocean cannot be backyard of India - China

Indian Ocean cannot be backyard of India - China

China recognises Indias special role in stabilising the strategic Indian Ocean region but the perception that it is Indias backyard may result in clashes, Chinese military officials and experts have cautioned. MORE...

July 2, 2015  10:15 am|

Sri Lanka to dilute dependence on China - Mangala

Sri Lanka to dilute dependence on China - Mangala

Sri Lankas foreign minister says the country will review its China-dependent foreign policy and boost ties with other nations. MORE...

June 19, 2015  07:56 am|

Sri Lanka condoles with China on ship sinking

Sri Lanka condoles with China on ship sinking

The Sri Lankan Government today expressed condolences to the Government and the people of China on the tragic incident of the capsizing of a cruise ship in the Yangtze River in the Hubei Province, where many people are feared to have drowned, with hundreds still missing. MORE..

June 3, 2015  03:46 pm|

Sri Lankas tourism sector outperforms broader economy: report

Sri Lankas tourism sector outperforms broader economy: report

A steep rise in visitor numbers to Sri Lanka is driving growth in the countrys tourism industry, though a slowdown in the Chinese economy and problems in Russia could take the edge off the surge of arrivals later in the year. MORE..

May 19, 2015  11:56 pm|

Sri Lanka and China satisfied over Norochcholai Coal Power Plant - report

Sri Lanka and China satisfied over Norochcholai Coal Power Plant - report

Sri Lankan says it has saved more than 700 million U.S. dollars as a result of a Chinese sponsored coal power plant which has been in operation in the north western part of the country since 2011. MORE...

May 13, 2015  05:00 pm|

Sri Lanka ranks 132 on global happiness index

Sri Lanka ranks 132 on global happiness index

Sri Lanka has climbed 5 places in a global ranking of the happiest nations, coming in at the 132nd spot out of 158 countries on the index that took into account GDP per capita, life expectancy, social support and freedom to make life choices as indicators of happiness. MORE..

April 24, 2015  05:21 pm|

Chinese contractors reject Lotus Tower spying allegation

Chinese contractors reject Lotus Tower spying allegation

Chinese contractor of the Lotus Tower in Sri Lanka on Tuesday denied allegations that the tower was to be used as an electronic surveillance facility against India and added that such baseless rumours only insulted the Sri Lankan government. MORE...

April 22, 2015  08:03 am|

Sri Lanka neither pro-India nor pro-China: Ranil

Sri Lanka neither pro-India nor pro-China: Ranil

Prime Minister Ranil Wickramasinghe has said Sri Lanka is neither pro-India nor pro-China. MORE...

April 19, 2015  08:45 am|

CCCSL maintains Southern Railway project built on low costs

CCCSL maintains Southern Railway project built on low costs

The Chinese Chamber of Commerce in Sri Lanka (CCCSL) on Friday rejected the accusation by the new government that the Southern Railway project in the island nation was constructed on a higher cost than the Northern Railway project. MORE..

April 18, 2015  11:18 am|

No room for any family to control country again President

No room for any family to control country again  President

President Maithripala Sirisena says that with the proposed amendments to the Constitution, the government will not leave room in the future for any single family to control the country ever again. MORE..

April 16, 2015  02:52 pm|

Chinese naval ships to use Gwadar port after Colombo snub

Chinese naval ships to use Gwadar port after Colombo snub

Pakistans Gwadar port which has been taken over by a Chinese firm could guarantee maintenance and supply for Chinas naval ships in the Indian Ocean after the new Sri Lankan government declined permission for Chinese vessels to dock in the country. MORE..

April 15, 2015  11:29 pm|

Minister Wijedasa to attend AALCO session in China

Minister Wijedasa to attend AALCO session in China

Minister of Justice Dr. Wijedasa Rajapakse is to attend the opening of the 54th session of the Asian-African Legal Consultative Organization (AALCO) and deliver a key-note speech, which is scheduled to take place in Beijing, China, the Ministry said. MORE...

April 13, 2015  05:35 pm|

China, Sri Lanka hold drill to enhance anti-terror skills

China, Sri Lanka hold drill to enhance anti-terror skills

China and Sri Lanka have held a joint drill at a comprehensive military training base in southern China to enhance their capabilities, specially in combating terror. MORE..

April 11, 2015  02:26 pm|

Chinese navys Yemen evacuation draws praise

Chinese navys Yemen evacuation draws praise

Bombs, bullets, shells and death surrounded Sri Lankas Glen Edward when he was trapped in war-torn Yemen just days ago. MORE..

April 11, 2015  11:05 am|

Power must be distributed President

Power must be distributed  President

President Maithripala Sirisena says that he plans to announce details of a domestic probe into allegations of human rights violation during Sri Lankas long civil war by the end of June, just as the country heads into early general elections. MORE..

April 9, 2015  04:44 pm|

54 Sri Lankans evacuated from Yemen

54 Sri Lankans evacuated from Yemen

The Government of Sri Lanka today said that at present 54 Sri Lankans have been evacuated from Yemen. MORE..

April 8, 2015  05:11 pm|

China appreciates Sri Lankas stance on Dalai Lama invitation

China appreciates Sri Lankas stance on Dalai Lama invitation

China on Friday said it appreciated Sri Lankas stance on the Dalai Lama, as it seems unlikely their government would grant him a visa to visit. MORE..

April 4, 2015  12:18 am|

China denies Rajithas claims

China denies Rajithas claims

China today denied that a sum of Rs 30 billion has been reduced from the construction cost of the Colombo Outer Circular Expressway, as claimed by the spokesman of the Sri Lankan government. MORE..

April 3, 2015  05:36 pm|

Eight Sri Lankan safely evacuated from Yemen

 Eight Sri Lankan safely evacuated from Yemen

The Ministry of Foreign Affairs today announced that three Sri Lankans have already Yemen and that another five are currently on their way to Djibouti via sea. MORE..

April 3, 2015  02:59 pm|

China to help evacuate Sri Lankans in Yemen

China to help evacuate Sri Lankans in Yemen

China has agreed to assist in evacuating Sri Lankan nationals stranded in Yemen following a request made by the Government of Sri Lanka, Acting Chinese Ambassador Ren Faqiang said. MORE..

April 2, 2015  06:34 pm|

Sri Lanka to resume road development projects with China

Sri Lanka to resume road development projects with China

The Sri Lankan government has decided to recommence all the main and provincial road development projects in the island nation with China, a government official said on Sunday. MORE...

March 30, 2015  02:22 pm|

UPDATE: President addresses Boao Forum in China

UPDATE: President addresses Boao Forum in China

The theme of this years Boao Forum, Asias new future towards a community of common destiny, is relevant and dynamic, President Maithripala Sirisena said on Saturday (28). MORE...

March 28, 2015  05:32 pm|

Sri Lanka fires fresh salvo at Chinese firm

Sri Lanka fires fresh salvo at Chinese firm

The Chinese company involved in the controversial US$1.4 billion Colombo Port City project has failed to furnish the necessary documents within the two-week deadline set by the new government, which is also reviewing other Chinese projects including a high-profile telecommunications tower, Sri Lankas finance minister said. MORE..

March 28, 2015  01:32 am|

China offers Sri Lanka olive branch and warnings

China offers Sri Lanka olive branch and warnings

President Xi Jinping worked to mend relations with Sri Lanka on Thursday as Chinese state-run media warned the island nations new government against shutting off billions in investments from Beijing, AFP reports. MORE...

March 26, 2015  01:45 pm|

Sirisena meets Chinas President amid new look at ties

Sirisena meets Chinas President amid new look at ties

Sri Lankan president Maithripala Sirisena has held talks with Chinese leader Xi Jinping amid efforts to recalibrate his predecessors strongly pro-China policies. MORE..

March 26, 2015  10:28 am|

President Sirisena leaves for Beijing

President Sirisena leaves for Beijing

President Maithripala Sirisena today left for Beijing commencing a four-day state visit on the invitation of Chinese President Xi Jinping. MORE..

March 25, 2015  02:10 pm|

Sirisena heads to China to smooth ruffled ties

Sirisena heads to China to smooth ruffled ties

Sri Lankas new president heads to Beijing this week for talks with Chinas leadership, seeking to smooth ruffled feathers after scuttling Chinese-funded projects and seeking stronger ties with regional rival India. MORE...

March 24, 2015  10:19 am|

Bid to invite Dalai Lama stirs up controversy

Bid to invite Dalai Lama stirs up controversy

The reported bid by a leading Sri Lankan Buddhist monk to invite the Dalai Lama to the island nation, has received flak from official as well as non-official quarters in Colombo. MORE..

March 21, 2015  12:02 pm|

India interfering in Sri Lankas internal affairs, says Chinese thinktank

India interfering in Sri Lankas internal affairs, says Chinese thinktank

A Chinese government backed thinktank has accused India of interfering in the internal affairs of Sri Lanka when Prime Minister Narendra Modi recently visited the Tamil dominated Jafna area. It has also said India was trying to counter Beijings influence by encouraging Sri Lanka, Myanmar and Bangladesh to avoid the Chinas Silk Road program. MORE.

March 21, 2015  01:06 am|

Will Chinese investors quit if Port City comes to a standstill?

Will Chinese investors quit if Port City comes to a standstill?

The temporary suspension of the Port City project in Colombo has put lot of Chinese investors in uncertainty regarding the Sri Lankan investment policy. MORE..

March 20, 2015  11:10 am|

Government grants approval to construct breakwater of Colombo Port City

Government grants approval to construct breakwater of Colombo Port City

Sri Lankas cabinet on Wednesday approved the construction of a breakwater for a Chinese funded port city project which had been suspended by the government earlier this month. MORE...

March 19, 2015  03:19 pm|

China urges Sri Lanka to protect interests of investors

China urges Sri Lanka to protect interests of investors

China on Tuesday urged Sri Lanka to protect the interests of Chinese investors and promote bilateral economic ties following the suspension of a China-funded port project in Colombo. MORE...

March 17, 2015  04:27 pm|

Sri Lanka-China tensions rise over suspended port project

Sri Lanka-China tensions rise over suspended port project

The Sri Lankan governments decision to review, and in effect suspend, the $US1.4 billion, Chinese-backed Colombo Port City (CPC) project has strained relations between Beijing and Colombo. MORE...

March 16, 2015  12:48 pm|

Modi visit wont hurt Sri Lanka-China ties: Chinese commentary

Modi visit wont hurt Sri Lanka-China ties: Chinese commentary

China-Sri Lanka relations will not be affected by Indian Prime Minister Narendra Modi`s visit but only grow stronger, a commentary in the Chinese media said. MORE...

March 15, 2015  07:40 am|

Modi to discuss growing influence of China with Sri Lanka

Modi to discuss growing influence of China with Sri Lanka

Indian defence expert Qamar Agha on Wednesday said that Prime Minister Narendra Modi will take up the matter of growing Chinese influence in the region with the Sri Lankan government during his upcoming visit to the island nation. MORE..

March 11, 2015  02:45 pm|

Dont look at Sri Lanka through Tamil prism - Champika

Dont look at Sri Lanka through Tamil prism - Champika

India should see Sri Lanka as a whole and stop focussing just on the islands Tamil-majority Northern Province, Sri Lankan Cabinet Minister Patali Champika Ranawaka said in an interview to The Hindu on Monday. MORE...

March 10, 2015  07:29 am|

Sri Lanka is not anti-China but mainland firms wont get carte blanche: Ravi

Sri Lanka is not anti-China but mainland firms wont get carte blanche: Ravi

Sri Lankas new leadership is not targeting China and only wants its help to fight corrupt deals orchestrated by the last government, the island nations finance minister said, even as he ratcheted up rhetoric against Chinese companies he said were once given carte blanche in his country. MORE...

March 9, 2015  03:03 pm|

China asks Sri Lanka to protect interests of investors

China asks Sri Lanka to protect interests of investors

China has urged Sri Lanka to respect bilateral agreements and business contracts, and protect the interests of its investors following the suspension of a multi- billion-U.S. dollar project, the Chinese Embassy said on Saturday. MORE...

March 8, 2015  10:15 am|

Chinese firm confirms suspension of Colombo Port City project

Chinese firm confirms suspension of Colombo Port City project

China Communications Construction Company Limited (CCCC), the ultimate investor in the Colombo Port City Project, says that it will fully cooperate with the Government of Sri Lanka and continue to adhere to the procedures and conditions stipulated in the agreement entered into with the government. MORE..

March 7, 2015  11:50 pm|

Modi to offer assistance to Sri Lanka to counter China influence

Modi to offer assistance to Sri Lanka to counter China influence

Prime Minister Narendra Modi will offer island nations in the Indian Ocean a broad range of military and civilian assistance next week in a bid to wrest back some of the influence China has gained by spending billions of dollars in the region. MORE...

March 5, 2015  10:45 am|

Colombo Port City project suspended

Colombo Port City project suspended

The cabinet has decided to suspend the Colombo Port City project temporarily, Cabinet Spokesman Rajith Senaratne said. MORE...

March 5, 2015  08:51 am|

China says Sri Lanka loans made based on consensus

China says Sri Lanka loans made based on consensus

Chinas loans to Sri Lanka were made based on consensus through talks between the two countries and at Sri Lankas request, the Chinese Foreign Ministry said on Monday, after Sri Lankas foreign minister expressed concern about the loans. MORE...

March 2, 2015  04:02 pm|

Mangala concludes China tour

Mangala concludes China tour

Foreign Minister Mangala Samaraweera concluded a successful two-day official visit to China today, during which he paid a courtesy call on the Chinese Premier Li Keqiang and also held extensive bilateral discussions with his Chinese counterpart Wang Yi. MORE...

March 1, 2015  10:47 am|

China formally backs trilateral partnership with India, Sri Lanka

China formally backs trilateral partnership with India, Sri Lanka

China on Friday formally backed a trilateral partnership with India and Sri Lanka to establish a Maritime Silk Road (MSR) and promote the rise of Eurasia. MORE..

February 28, 2015  10:37 am|

Sri Lanka says China to be consulted on any project re-think

Sri Lanka says China to be consulted on any project re-think

Sri Lanka will not make any decision on Chinese projects it is reviewing until it consults China, Sri Lankas foreign minister said on Friday, pledging that his new government would welcome Chinese investors. MORE..

February 27, 2015  05:53 pm|

Mangala starts China tour

Mangala starts China tour

Foreign minister Mangala Samaraweera left for a two day visit to China in a bid to strengthen relations, an official said here on Wednesday. MORE...

February 26, 2015  08:04 am|

Sri Lanka says China port city broke rules

Sri Lanka says China port city broke rules

Sri Lankas prime minister said on Wednesday a $1.5 billion luxury real estate deal with China was signed without cabinet approval and without following procedures, and launched a new investigation to uncover any corruption. MORE...

February 19, 2015  08:21 am|

China official says Colombo Port City project going ahead

China official says Colombo Port City project going ahead

The China-funded port city project in Colombo was going ahead, a top Chinese official from the company executing it said Wednesday, days after the new Sri Lankan government claimed the deal was still being assessed. MORE..

February 12, 2015  10:23 am|

Sri Lanka to strengthen special friendship with China

Sri Lanka to strengthen special friendship with China

Describing the bilateral relations between China and Sri Lanka as a special friendship, Prime Minister Ranil Wickremesinghe expressed his desire to closely engage with the Chinese Government. MORE..

February 7, 2015  02:33 pm|

China welcomes decision to go ahead with Port City Project

China welcomes decision to go ahead with Port City Project

China today welcomed new Sri Lankan governments decision to go ahead with the controversial USD 1.5 billion Colombo Port City project funded by it, calling the country an important partner in implementing its mega Maritime Silk Road project in South Asia. MORE..

February 6, 2015  11:24 pm|

Sri Lanka to go ahead with China-backed Port City Project

Sri Lanka to go ahead with China-backed Port City Project

The Cabinet has decided to continue with the Chinese-assisted Colombo Port City Project, cabinet spokesman Dr. Rajitha Senaratna said today. MORE..

February 5, 2015  04:41 pm|

President reaffirms commitment to ties with China

President reaffirms commitment to ties with China

In a message to mark the Chinese New Year, President Sirisena noted the importance of Chinese President Xi Jinpings visit to Sri Lanka last September and affirmed that ties between Sri Lanka and China will continue at a strong level during his tenure. MORE..

February 5, 2015  10:48 am|

China, Sri Lanka traditionally friendly neighbours: Xi

China, Sri Lanka traditionally friendly neighbours: Xi

Chinese President Xi Jinping on Wednesday sent a congratulatory message to his Sri Lanka counterpart Maithripala Sirisena to mark the 67th anniversary of the founding of the Democratic Socialist Republic of Sri Lanka. MORE..

February 4, 2015  10:04 am|

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