700mn

In the south of the Indian subcontinent, Sri Lanka heaved a sigh of respite after the World Bank approved $700 million in budgetary and welfare support for the island nation. The biggest funding tranche for the crisis-hit nation comes…

Adani group on Thursday signed a more than $700-million agreement with the Sri Lanka Ports Authority (SLPA) and conglomerate John Keells Holdings, becoming the largest foreign investor in the island nation’s ports sector. The three parties…