Tag: China
China, US Rates Pressures Build for APAC Banks in 2016
Dec 16, 2015 (LBO) – Banking sectors within the Asia-Pacific (APAC) region are likely to face a more challenging year ahead as financial systems adjust to slowing growth in China and the prospect of higher US interest rates, says Fitch Ratings in the agency’s 2016 Outlook Report for the region.Earnings and capital buffers built up in […]
China, India and Hong Kong top investors in Sri Lankan real estate: Lamudi
China, India and Hong Kong are the top three countries currently investing in the Sri Lankan real estate market, according to new research from online real estate platform, Lamudi Sri Lanka.Lamudi Sri Lanka ranked the leading countries investing in Sri Lanka based on foreign direct investment (FDI), number of upcoming projects and buildings currently underway.With […]
Sri Lanka’s pepper to discover Chinese market
June 17, 2015 (LBO) – Sri Lanka’s pepper or the king of spices to enter into Chinese market, with a view to diversify markets-and to cash in on the emerging Far-East, Export Development Board said. “Compared to many other black peppers around the world, Lankan pepper has higher “piperine” content taken for dietary applications” Yousuf […]
China, Sri Lanka pledge to strengthen military cooperation
Jun 10, 2015 (LBO) – China and Sri Lanka said they would strengthen military cooperation following Chinese Defense Minister Chang Wanquan meeting with Navy Commander Jayantha Perera in Beijing, China.“China is willing to make full use of the dialogue, expand cooperation and exchanges in various fields and levels, and maintain the smooth development of military-to-military ties,” […]
Tourist arrivals in Sri Lanka up 26-pct in May 2015
Jun 06, 2015 (LBO) – Tourist arrivals in Sri Lanka increased 26 percent from a year earlier to 113,529 in May 2015, with growth in seen in the Chinese and Indian arrivals, data from the state tourist promotion agency showed.Chinese tourists were up 71 percent to 12,173 while Indian arrivals were up 38.2 percent to […]
China, India sign 24 agreements and MOUs
May 18, 2015 (LBO) – China and India signed 24 agreements and MOUs aimed at boosting cooperation in areas including railways, aerospace, mineral exploitation, marine science and vocational education, foreign media reported.The agreements were signed during the recently concluded Indian Prime Minister Narendra Modi’s visit to China.“The two neighbors agreed to strengthen cooperation in marine […]