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USD 125 million from IDA for the Climate Smart Irrigated Agriculture Project

USD 125 million from IDA for the Climate Smart Irrigated Agriculture Project

The International Development Association (IDA) of the World bank has provided financial assistance of USD 125 Million to implement a climate resilient agricultural projects covering eleven dry zone districts in the country…

ADB plans annually $800 million in loans to Sri Lanka next four years

ADB plans annually $800 million in loans to Sri Lanka next four years

The Asian Development Bank (ADB) as a leading multilateral development partner of Sri Lanka, plans to commit an average of $800 million annually in sovereign loans to the island nation…

Pope denounces ‘cruel violence’ of Sri Lanka Easter attack

Pope denounces ‘cruel violence’ of Sri Lanka Easter attack

Pope Francis denounced the “cruel violence” of the Easter Sunday slaughter of Christians and foreigners in Sri Lanka as he celebrated the most joyful moment on the Christian liturgical calendar…

US navy begins annual military exercise at Hambantota

US navy begins annual military exercise at Hambantota

The U.S. Navy kicked off its 25th annual military exercise, Cooperation Afloat Readiness and Training Exercise (CARAT), in Sri Lanka’s Hambantota port on Friday. Commander, Task Force 73, a U.S.…

Sri Lankan Parliament Speaker lauds Amir’s speech

Sri Lankan Parliament Speaker lauds Amir’s speech

Speaker of the Sri Lankan Parliament, Karu Jayasuriya, has lauded the speech by Amir H H Sheikh Tamim bin Hamad Al Thani at the opening of the 140th Assembly of…

Canadians to help Sri Lanka build 100-MW floating solar park

Canadians to help Sri Lanka build 100-MW floating solar park

The governments of Sri Lanka and Canada have signed a cooperation agreement for the construction of a 100-MW floating solar park in Sri Lanka’s Maduru Oya Reservoir. The pact between…

Sri Lanka’s first 100MW floating solar power plant before November

Sri Lanka’s first 100MW floating solar power plant before November

Sri Lanka’s Power Ministry and the Canadian Commercial Corporation, the Crown Corporation of the government of Canada on Tuesday signed a memorandum of cooperation for the joint development of a…

Central Bank launches roadmap for sustainable finance in Sri Lanka

Central Bank launches roadmap for sustainable finance in Sri Lanka

Central Bank of Sri Lanka launched a Roadmap for Sustainable Finance in Sri Lanka on 10 April 2019 at the Sustainable Banking Network Global Meeting of the International Finance Corporation…

Biodiversity Sri Lanka helps small business comply with conservation measures

Biodiversity Sri Lanka helps small business comply with conservation measures

Biodiversity Sri Lanka has begun working with small and medium enterprises (SMEs) to strengthen knowledge and compliance of environmental and biodiversity conservation measures. “’Green transformation’ is a significant business opportunity…

Sri Lanka among countries with rising interest burdens: IMF

Sri Lanka among countries with rising interest burdens: IMF

Sri Lanka is among countries having high levels of commercial debt with rising interest burdens that are vulnerable to rollover risks, according to the International Monetary Fund. It was among…

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