China has offered to invest USD 3.7 billion in Sri Lanka ... a balancing act as last year India and Sri Lanka inked a deal to jointly develop 85 Word War II-era oil storage tanks at the strategic ...

Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state ...

China’s record US$3.7 billion investment in a Sri Lankan oil refinery has sparked fresh security concerns in India, analysts say ... US$1.12 billion after Sri Lanka was unable to repay a ...

Sri Lanka’s rupee closed at 298.40/70 to the US dollar in the spot market Thursday, from Wednesday’s close of 298.50/75, ...

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec ... given a red-carpet welcome to India by Prime Minister Narendra Modi ...

In another escalation in the contentious Indo-Lanka fisheries conflict, India has lodged a 'strong protest' after a Sri Lanka ...

Sri Lanka is currently completely dependent on imported oil, which costs the cash-strapped ... he first travelled to Beijing's regional rival India. Specifics of the deals signed between Sri ...

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery ... state media. Sri Lanka had originally awarded the refinery project in 2019 to an Indian family-owned ...

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec ... to China comes after he was given a red-carpet welcome to India by Prime ...