The athletic events of the Asian Games in which Sri Lanka hopes to win medals will begin today at the Glora Khan Karno ground. Aruna Dharshana and Kalinga Kumara of Sri Lanka will take part in the 400 metres heats in the morning followed by the Long Jump event in which Janaka Prasad Wimalasiri is scheduled to take part. Hiruni Wijeratne will be seen in action in the 10,000 metres events in the evening.
Reuters: China wants to build houses and roads in Sri Lanka’s north, much of which is in a state of disrepair nearly a decade after the end of civil war, Chinese and Sri Lankan officials said, in a bid to expand it influence beyond the island’s south.
Sri Lankan Ambassador to China Karunasena Kodituwakku on Wednesday strongly pushed back recent media reports criticising Chinese investments in his country, saying that Sri Lanka was not forced to accept investments and loans from China and wants to continue cooperation with China under the Belt and Road (B&R) initiative. Chinese investments in Sri Lanka have come under increased criticism, mostly from Western media and officials, who have accused China of using a debt trap to gain control of strategic commercial routes, after a Chinese company’s acquisition of stakes in a strategic port.
REUTERS: Shares ended slightly weaker on Friday in light trade and posted their ninth session of decline in 10 as worries over new tax proposals weighed on sentiment.
Reuters: The rupee hit an all-time low of 160.96 per dollar on Friday, dragged down by importer dollar demand and less dollar inflows, dealers said.
Flood victims returning home in the Indian state of Kerala have been warned to prepare for a new menace: Snakes.