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Adani meets President in New Delhi

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. .. ....

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Is India Squandering its Social Capital in Sri Lanka?

Only a few months ago, Sri Lankans were grateful to India for its help during the economic crisis. Now the mood is changing. ....

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Sri Lanka JKH borrows USD75 mln from Canada to fund India's Adani Group JV port terminal

John Keells Holdings (JKH), one of Sri Lanka s top conglomerates will borrow 75 million US dollars (27.1 billion rupees) from a Canadian financial institution through privately placed debentures to fund dollar based investments such as West Container Terminal in Colombo, the firm said in a disclosure to the stock market. ....

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Q3 performance at JKH Group sees turnaround in Leisure business

Summarised below are the key operational and financial highlights of our performance during the quarter under review:

• Group EBITDA recorded a significant increase of 126 per cent to Rs.9.53 billion during the quarter under review against the comparative period [2020/21 Q3: Rs.4.21 billion]. ....

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Post-war foreign relations: A diplomatic quagmire for Lanka

By Shamindra Ferdinando Chinese Ambassador to Colombo Qi Zhenhong seems quite confident of Sri Lanka’s capacity to overcome the current economic turmoil the ruling Sri Lanka Podujana Peramuna (SLPP) is experiencing. The top Chinese envoy, at an informal meeting with a selected group of print media journalists on Sunday (09), soon after the departure of […] ....

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