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Climate change to erode Sri Lanka living standards, slow growth: World Bank

Climate change to erode Sri Lanka living standards, slow growth: World Bank

Climate change could decrease Sri Lankan living standards around 4.9 to 7 percent by 2050 and wipe out up to 50 billion dollars in gross domestic product (GDP), a new…

India, Sri Lanka urged to be more open; new trade deal expected in December

India, Sri Lanka urged to be more open; new trade deal expected in December

India and Sri Lanka are likely to sign a new trade deal by December and both countries should be more open in order to improve competitiveness and attract foreign direct…

Indian grant for 5,000 tonne cold storage in Sri Lanka

Indian grant for 5,000 tonne cold storage in Sri Lanka

India Monday signed an agreement with Sri Lanka to grant 300 million rupees to build a 5,000-metric ton temperature controlled warehouse to reduce post-harvest losses and price swings in agriculture.…

Cygnett to enter Dhaka, Colombo

Cygnett to enter Dhaka, Colombo

Gurugram-based Cygnett Hotels & Resorts is planning to set up hotels in Bangladesh and Sri Lanka soon, said a top official. “Having established our presence in northern and western parts…

China-built Sri Lanka ‘Port City’ aims to lure Indian investors

China-built Sri Lanka ‘Port City’ aims to lure Indian investors

A ‘Port City’ reclamation project funded by China next to Sri Lanka’s Colombo port to build a financial centre aims to attract investors from the region, especially Indians and expatriates…

Vision Care & Luxottica showcase their new eyewear collection

Vision Care & Luxottica showcase their new eyewear collection

  Vision Care Optical Services (Pvt) Ltd showcased  their new eyewear collection at their newly opened showroom at 505 Union Place in Colombo  on Friday. M0dels walked the ramp showcasing many designs…

World Bank commits US$ 200 million to elevate Sri Lanka’s public health services

World Bank commits US$ 200 million to elevate Sri Lanka’s public health services

The World Bank has committed US$ 200 million to upgrade the standards of performance of Sri Lanka’s public health system under the Second Health Sector Development Project for Sri Lanka.…

Qatar Chamber discusses trade ties with Sri Lankan delegation

Qatar Chamber discusses trade ties with Sri Lankan delegation

Qatar Chamber held a meeting with a trade delegation from Sri Lanka led by Governor of the Central Bank of Sri Lanka, Indrajit Coomaraswamy. The two sides discussed enhancing cooperation…

South Korea ready to share business, IT know-how with SL

South Korea ready to share business, IT know-how with SL

South Korea is ready to share its know-how on industrial, business and Information Technology since it has made great strides in these fields today, South Korean Foreign Minister Kang Kyung…

Deepa Mehta to adapt ‘Funny Boy’ on screen

Deepa Mehta to adapt ‘Funny Boy’ on screen

Filmmaker Deepa Mehta’s next film is an adaptation of Sri Lankan-Canadian novelist Shyam Selvadurai’s “Funny Boy”. First published in 1994, the book chronicles six poignant stories of a boy coming…

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