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Thai experts arrive In Sri Lanka to create artificial rain

Thai experts arrive In Sri Lanka to create artificial rain

 A team of Thai experts have arrived in Sri Lanka to look at the possibility of creating artificial rain in severe drought-affected areas of the island country, Xinhua news agency…

Sri Lankan rupee ends firmer on bank dollar sales

Sri Lankan rupee ends firmer on bank dollar sales

 The Sri Lankan rupee ended slightly firmer on Wednesday as exporter dollar sales outweighed importer demand for the greenback on hopes that political stability would resume after coalition partners agreed…

Sri Lankan among two executives held for raping employee in Andhra Pradesh

Sri Lankan among two executives held for raping employee in Andhra Pradesh

Sri Lankan national was among two senior executives of a private company arrested for allegedly raping a woman employee of the firm, an official said. The accused were identified as…

Sampanthan slams Rajapaksa for Tamil Eelam remarks

Sampanthan slams Rajapaksa for Tamil Eelam remarks

Leader of Opposition and senior Tamil politician R. Sampanthan on Monday said he was “alarmed” at former President Mahinda Rajapaksa’s recent pre-poll campaign in which he told the Sinhalese electorate…

FTA with S’pore makes SL attractive digital hub – Minister

FTA with S’pore makes SL attractive digital hub – Minister

Sri Lanka’s IT industry has been one of the most remarkable success stories in the country’s economy, said Minister of Development Strategies and International Trade, Malik Samarawickrama. He was speaking…

ADB gives USD 75mn for lending to Sri Lanka’s small businesses

ADB gives USD 75mn for lending to Sri Lanka’s small businesses

Sri Lanka has decided to obtain an additional financing through a loan of US 75 million dollars from the Asian Development Bank to scale up the ongoing Small and Medium…

Korea Eximbank approves USD14mn for garbage collection compactors

Korea Eximbank approves USD14mn for garbage collection compactors

Export-Import Bank of Korea has approved 14 million US dollars for supply of garbage collection compactors to Sri Lanka. Korean Embassy in Sri Lanka said this project will provide 190…

Sri Lankans allowed to invest US$200,000 outside country

Sri Lankans allowed to invest US$200,000 outside country

Sri Lanka’s new forex law has allowed an individual to invest 200,000 dollars outside the country, in their lifetime, a partnership 300,000 dollars, but an unlisted company could invest 500,000…

Australia provides AUD 31 M to Sri Lanka

Australia provides AUD 31 M to Sri Lanka

Australia and Sri Lanka signed a Subsidiary Arrangement for grant assistance to work together on strengthening governance in Sri Lanka through a four-year programme valued at up to AUD31 million…

Sri Lanka – Iran sign mutual cooperation deal

Sri Lanka – Iran sign mutual cooperation deal

 Iran and Sri Lanka have inked a deal for further cooperation between the two nation in the  areas of trade and economy. The agreements were signed following a two-day visit…

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