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Sri Lanka has cancelled a power purchase agreement with Indian billionaire Gautam Adani’s conglomerate after allegations of corruption in a US probe last year, international media reported citing unnamed government officials. While the Anura Kumara Dissanayake-led government has revoked the deal signed by the previous administration, the project itself is not cancelled, according to an […]
Sri Lanka’s leftist government asked former presidents, including the once-powerful Rajapaksa brothers, on Tuesday to immediately vacate luxury government bungalows as part of a new austerity drive. The government has decided to convert the stately homes into upmarket boutique hotels or museums, Information Minister Nalinda Jayatissa told reporters in Colombo. He said the state would […]
The decisive victory of President Anura Kumara Dissanayake’s National People’s Power (NPP) alliance in the November 14 parliamentary election is expected to usher in a new era of clean government and socioeconomic empowerment for the Sri Lankan people. However, much depends on whether the two Asian powers, India and China, and a global power, the […]