newsin.asia
Sri Lanka, China $1.1 bln port deal to boost FOREX, attract more investments - NewsIn.Asia
Colombo, July 31 (newsin.asia) – China’s deal with Sri Lanka to acquire a 70 percent stake to develop the Hambantota Port in southern Sri Lanka for 1.12 billion US dollars will boost Sri Lanka’s foreign-exchange reserves and help bolster investor confidence, an international rating agency said Monday. Moody’s, in its latest report said earnings from the …