SriLankan Airlines urges passengers to arrive at BIA three hours early

Why Europe will have to face the true cost of being in debt to China

By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also facing allegations of worker exploitation and environmental damage. It is one of those CCTV moments where a disaster is about to happen. A dock worker at the vast Greek port of Piraeus, near A

23 May, 2022

Sri Lanka registers strong protest with Canada on motion

Sri Lanka has formally registered its strong protest and deep concern over the adoption of a motion in the Canadian Parliament on the alleged genocide of Tamils in Sri Lanka. In a meeting with the Acting High Commissioner?of Canada in Sri Lanka Amanda?Strohan at the Foreign Ministry, Minister of Foreign Affairs Prof. G.L. Peiris categorically rejected the blatantly false content of the motion, and highlighted that its erroneous substance is fundamentally inconsistent with and contradicts the po

22 May, 2022

Kenya?s debt obligations towards China more than double in one year

Nairobi [Kenya], May 20 (ANI): Kenya?s debt obligations towards China have shot up by a staggering 135.15 per cent in the last one year on the back of Chinese-funded infrastructure projects in the African country. Expenditure data published this week by the Treasury shows the amount repaid to Chinese lenders has surged by 135.15 per cent compared with KES (Kenyan Shilling) 31.25 billion in the year ended June 2021, Business Daily Africa reported. The repayments to Chinese lenders accounted for

23 May, 2022