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Colombo Port records world’s second highest growth in 1Q

Colombo Port records world’s second highest growth in 1Q

The Port of Colombo recorded a 16.2% growth for the 1st quarter 2018 over same quarter last year In container handling according to Alphaliner Monthly 2018. Among container Ports worldwide,…

US Congress on Armed Services meets President Sirisena

US Congress on Armed Services meets President Sirisena

Representatives from the US Congress on Armed Services met President Maithripala Sirisena at his official residence earlier today. The representatives consisted of Chairman of the Committee McClellen Thornberry and other…

Rajitha appointed WHO Vice President

Rajitha appointed WHO Vice President

Health Minister Dr. Rajitha Senaratne has been appointed Vice President of the World Health Organization (WHO), Health Ministry Spokesman said. The appointment had been made for one year. Minister Senaratne…

Listed Sri Lanka hospitals have strong growth prospects: Fitch

Listed Sri Lanka hospitals have strong growth prospects: Fitch

Sri Lanka’s listed hospitals will continue to grow strongly given growing demand for private health care, although regulatory price controls will constrain profitability, Fitch Ratings said in a new report.…

SL Embassy in Beijing participates in International Film and TV Exhibition

SL Embassy in Beijing participates in International Film and TV Exhibition

The Embassy of Sri Lanka in Beijing participated in the 15th International Film and TV Programme Exhibition, which was held from 17 to 19 May 2018 in Beijing under the…

President Trump nominates Alaina B. Teplitz as Ambassador to Sri Lanka

President Trump nominates Alaina B. Teplitz as Ambassador to Sri Lanka

Washington,DC: The United States President Donald Trump Thursday nominated career foreign service officer Alaina B Teplitz as the US Ambassador to Sri Lanka. The White House has sent the nomination…

Interest rates on Chinese loans to Lanka ‘very low’: envoy

Interest rates on Chinese loans to Lanka ‘very low’: envoy

Chinese Ambassador Cheng Xueyuan yesterday said there is no truth in alleged Chinese militarization of the Hambantota Port. He dismissed speculations pointing out that the company running the Hambantota port…

Austrian banks grant Rs2.7bn interest free loans for university & health sectors

Austrian banks grant Rs2.7bn interest free loans for university & health sectors

Two Austrian banks have provided over 2.7 billion rupees worth interest free loans for health sector development and to improve university medical facilities, the Finance Ministry said. The Erste Bank…

IFC to finance Fairway Sri Lanka’s waste-to-energy firm

IFC to finance Fairway Sri Lanka’s waste-to-energy firm

Washington based International Finance Corporation said it is planning to help finance a 67 million US dollar waste-to-energy project by Sri Lanka’s Fairway Holdings group. IFC will provide a 7…

ADB gives US$453mn for Sri Lanka’s Mahaweli water security investment

ADB gives US$453mn for Sri Lanka’s Mahaweli water security investment

The Asian Development Bank (ADB) is giving Sri Lanka a loan of US$453 million to fund the second phase of a project providing irrigation and drinking water from the island’s…

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