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    EU provides Rs.810Mn to modernise Sri Lanka’s agricultural sector

    EU provides Rs.810Mn to modernise Sri Lanka’s agricultural sector

    The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka’s agriculture sector. The project “Support to the modernisation of the agriculture sector in…

    May 11, 2018No CommentRead More

    Annual Global Pulses conference opens in Colombo

    Annual Global Pulses conference opens in Colombo

    The annual conference of Global Pulses Confederation (GPC), the not-for-profit peak body for the whole global pulses industry value chain, opened in Sri Lankan capital of Colombo yesterday with the…

    May 10, 2018No CommentRead More

    Sri Lanka economy to rebound, delaying reforms pose risks: World Bank

    Sri Lanka economy to rebound, delaying reforms pose risks: World Bank

    The World Bank says Sri Lanka’s economy will rebound in 2018 with annual growth averaging 4.5 percent in the medium term, driven by private consumption and investment but warned against…

    May 9, 2018No CommentRead More

    Sri Lanka’s coal power bounty has ended; costs shooting up

    Sri Lanka’s coal power bounty has ended; costs shooting up

    Sri Lanka’s power generation costs are rapidly outpacing selling prices and a bounty from a 900 MegaWatt coal plant had now run out, and there is no relief on the…

    May 8, 2018No CommentRead More

    Malaysia foils smuggling of 131 Sri Lankan immigrants

    Malaysia foils smuggling of 131 Sri Lankan immigrants

    Malaysian police have intercepted a tanker with 131 Sri Lankans believed bound for Australia and New Zealand, smashing a large human smuggling ring that has been operating for a year.…

    May 7, 2018No CommentRead More

    Special Japanese Envoy meets President Maithipala Sirisena

    Special Japanese Envoy meets President Maithipala Sirisena

    A delegation led by Dr. Hiroto Izumi, Special Envoy of Japanese Prime Minister Shinzo Abe called on President Maithipala Sirisena at his official residence yesterday. The delegation will study the…

    May 6, 2018No CommentRead More

    FM holds discussion with ADB to expedite SL projects

    FM holds discussion with ADB to expedite SL projects

    Finance and Media Minister Mangala Samaraweera, who is attending the ADB 51st Annual Meeting in Manila, had discussions with an ADB Board Executive Director, In-Chang Song, at the ADB HQ…

    May 5, 2018No CommentRead More

    Japan firm eyes electric three wheeler plant in Sri Lanka

    Japan firm eyes electric three wheeler plant in Sri Lanka

    Tokyo-based Future Science Research Inc, has expressed interest in starting an electric three wheeler factory in Sri Lanka catering to the domestic market, the ministry of industries said. FRSI Chairman…

    May 4, 2018No CommentRead More

    Mangala leads lankan delegation to adb manila confab

    Mangala leads lankan delegation to adb manila confab

    Finance and Mass Media Minister Mangala Samaraweera will lead the Sri Lankan delegation at the 51st Asian Development Bank (ADB) Board of Governors’ Annual Meeting 2018 at the ADB Headquarters…

    May 3, 2018No CommentRead More

    Sri Lanka’s central bank profits double to Rs48bn

    Sri Lanka’s central bank profits double to Rs48bn

    Sri Lanka’s central bank posted profits of 48.3 billion rupees in the year to December 2017, up 118 percent from a year earlier, amid high inflation and currency depreciation, despite…

    May 2, 2018No CommentRead More

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