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    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…

    The crisis in the Maldives, explained

    The crisis in the Maldives, explained

    ( By Dr.Nayma Qayum.She is an assistant professor and chair of the Asian Studies department at Manhattanville College.) If you’ve heard of Maldives, a South Asian country southwest of Sri Lanka in…

    China’s dominance at Hambantota Port worry many

    China’s dominance at Hambantota Port worry many

    As Sri Lanka celebrated 70 years of independence on February 4 from the UK, its people fear that the country faces a new form of colonialism, which is China. In an op-ed written…

    Sri Lanka Malabe – Fort LRT project to commence by Dec 2018

    Sri Lanka Malabe – Fort LRT project to commence by Dec 2018

    Sri Lanka’s Ministry of Megapolis and Western Province Development says that preliminary work on the Light Rail Transport (LRT) project between Malabe and Fort will commence by end of the…

    Sri Lanka Tourist arrivals up 12.6-pct in Jan 2018

    Sri Lanka Tourist arrivals up 12.6-pct in Jan 2018

    Tourist arrivals to Sri Lanka rose 12.6 percent from a year earlier to 246,972 in January 2018 with Indian visitors taking the lead, official data shows. Arrivals from India were…

    Wolbachia to be introduced to control dengue

    An agreement was signed between Sri Lanka and Australia to introduce Wolbachia bacteria to Sri Lanka to control dengue, Health Ministry spokesman said. Health Ministry Secretary Janaka Sugathadasa signed the…

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