Uditha Jayasinghe

2 weeks ago | marketscreener.com | Uditha Jayasinghe

COLOMBO (Reuters) -Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, the energy minister said on Friday, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis. The trio signed a deal to create the hub during a visit this month by India's Prime Minister Narendra Modi, the first global leader to visit the island since President Anura Kumara Dissanayake took office last September.

3 weeks ago | uk.marketscreener.com | Uditha Jayasinghe

COLOMBO (Reuters) - Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from hefty U.S. tariffs and high poverty rates. The island nation posted growth of 5% last year, rebounding from a far-reaching financial crisis sparked by a record dollar shortfall three years ago with support from a $2.9 billion International Monetary Fund (IMF) programme.

3 weeks ago | independent.ie | Uditha Jayasinghe

Maldives President Mohamed Muizzu ratified an amendment to the country's immigration law after it was passed by parliament on Tuesday, a statement from his office said. The amendment introduces a new provision to the Immigration Act, expressly prohibiting the entry of visitors with Israeli passports into the Maldives, it added.

4 weeks ago | businesslive.co.za | Uditha Jayasinghe

Colombo — The Maldives has banned Israeli passport holders from entering its territory, the president’s office said on Wednesday, accusing Israel of committing genocide against Palestinians in the Gaza war, an allegation Israel has repeatedly denied. Maldives President Mohamed Muizzu ratified an amendment to the country’s immigration law after it was passed by parliament on Tuesday, a statement from his office said.

1 month ago | zawya.com | Uditha Jayasinghe |Shivam Patel

COLOMBO/NEW DELHI: India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India's foreign ministry said on Saturday, as New Delhi's competition with China grows in the Indian Ocean island nation. The three nations signed the pact for the hub during Indian Prime Minister Narendra Modi's visit to Sri Lanka, the first by a global leader since Sri Lankan President Anura Kumara Dissanayake took office in September.