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Sri Lanka can recover from attacks if normality restored quickly: CB Governor

Sri Lanka can recover from attacks if normality restored quickly: CB Governor

Sri Lanka can contain damage from last month’s suicide bombings and ensure a quicker economic recovery if it improves security and prevents further unrest, although the budget deficit will widen,…

India will support Lanka’s fight against terrorism

India will support Lanka’s fight against terrorism

Indian High Commissioner in Colombo Taranjit Singh Sandhu yesterday said that India will stand shoulder to shoulder with Sri Lanka in its fight against terrorism. He said that India will…

IMF approves extension & USD164mn disbursement; grants waivers to Sri Lanka for performance criteria

IMF approves extension & USD164mn disbursement; grants waivers to Sri Lanka for performance criteria

The Executive Board of the International Monetary Fund has completed the fifth review of Sri Lanka’s economic performance under the program supported by an extended arrangement under the Extended Fund…

USD 70mn loan facility from IDA to strengthen services of Local Govt Authorities

USD 70mn loan facility from IDA to strengthen services of Local Govt Authorities

The International Development Association (IDA) of the World Bank has provided a loan facility of USD 70 million to strengthen the service provided by 134 Local Authorities in the Northern,…

Govt. enter into 3 agreements with China on national security & development

Govt. enter into 3 agreements with China on national security & development

Sri Lanka and China will enter into three significant agreements during the current official visit of President Maithripala Sirisena to China. These agreements are regarding the mega investments done by…

Chinese President assures support to wipe out terrorism from Sri Lanka

Chinese President assures support to wipe out terrorism from Sri Lanka

President of China Xi Jinping has assured President Maithripala Sirisena that China is ready to render its support to Sri Lanka to eradicate terrorism and to ensure the country’s security.During…

India to provide counter-terrorism, warfare assistance, says Sri Lankan army chief

India to provide counter-terrorism, warfare assistance, says Sri Lankan army chief

The army chief of Sri Lanka said that India would be providing Sri Lanka with counter-terrorism technology and capability to fight the growing menace of Islamic terrorism in the country.…

UN unveils plan to detect travelling foreign fighters with new software

UN unveils plan to detect travelling foreign fighters with new software

The United Nations Office of Counter-Terrorism on Tuesday unveiled a computer-based system designed to detect the travel of would-be terrorist attackers and returning foreign fighters, with Sri Lanka and Iraq…

Ircon wins rail contract in Sri Lanka

Ircon wins rail contract in Sri Lanka

IRCON International Ltd has bagged an international railway contract worth $91.27 million ( around ₹635 crore) from Sri Lanka Railways under the Ministry of Transport and Civil Aviation, Government of Sri…

Sri Lanka to give tax waivers, support measures for tourist industry: report

Sri Lanka to give tax waivers, support measures for tourist industry: report

Sri Lanka is planning a package of measures to help the tourist industry bounce back quickly and contain the terror threat, Finance Minister Mangala Samaraweera has said following attacks by…

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