Bloomberg Sri Lanka will “redouble” efforts to strike a free trade deal with China and conclude and expanded trade pact with India as part of the island nation’s strategy of becoming an Indian Ocean hub for investors and multinationals, the country’s top diplomat says. Colombo inked a comprehensive free trade deal with Singapore in January and now has the bandwidth ...

Bloomberg India has awarded road contracts at a “breakneck pace” in 2018, raising the prospect that orders will reach a record this financial year, according to IIFL Wealth Management Ltd., the nation’s largest money manager for the rich by assets. Orders from the National Highway Authority of India (NHAI) may cross $15.3 billion in the 12 months through March, climbing ...

Bloomberg As Uber Technologies Inc. looked to conquer ride-sharing around the world, Grab was focussed on serving the 620 million people that share its home in Southeast Asia. Helped by the deep pockets of SoftBank Group Corp., Grab emerged the winner when Uber agreed to swap its business in the region for a 27.5 percent stake. The deal is a ...