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Sri Lanka to obtain USD330Mn World Bank loan for climate mitigation

Sri Lanka to obtain USD330Mn World Bank loan for climate mitigation

Sri Lanka’s cabinet of ministers has approved the implementation of phase 1 of a multi-phase program for mitigation of climate disadvantages. The proposal was presented by Mangala Samaraweera, Minister of Finance…

Spanish investor to build cabana hotel near Sri Lanka’s Yala nature reserve

Spanish investor to build cabana hotel near Sri Lanka’s Yala nature reserve

A Spanish investor is to build a hotel with 43 luxury cabanas close to the Yala nature reserve on Sri Lanka’s southeast coast, the Board of Investment said. The BOI…

Japanese investor reiterates his confidence in Sri Lanka

Japanese investor reiterates his confidence in Sri Lanka

A leading Japanese investor – President of Tosslec Co. Ltd, Kyoto, Japan Jitsuo Mikasa – reaffirmed that his company would continue to invest in Sri Lanka without any break or…

Japanese PM’s Special Advisor to visit SL

Japanese PM’s Special Advisor to visit SL

Japanese Prime Minister’s Special Advisor, Dr Hiroto Izumi is due to visit Sri Lanka. He is expected to meet Prime Minister Ranil Wickremesinghe between June 20 – 22 for talks…

Japan will extend unstinted support to SL

Japan will extend unstinted support to SL

Japan’s visiting State Foreign Affairs Minister Toshiko Abe assured yesterday thatJapan will extend its unstinted support and cooperation towards Sri Lanka in overcoming the threat posed by global terrorism, .…

Sri Lanka to collaborate with UN mechanisms

Sri Lanka to collaborate with UN mechanisms

Tangible measures to collaborate with UN mechanisms in keeping with international norms and practices took center stage at discussions during the recent visit to Sri Lanka by UN Assistant Secretary…

US State Secretary to visit SL

US State Secretary to visit SL

United States’ Secretary of State Michael R.Pompeo is due to visit Sri Lanka in his forthcoming swing through Asia later this month. Pompeo is scheduled to visit India, Sri Lanka,…

Billionaire Binod Chaudhary predicts new “wave of growth” in Sri Lanka

Billionaire Binod Chaudhary predicts new “wave of growth” in Sri Lanka

Nepali billionaire and business tycoon Dr Binod Chaudhary, who is a major investor in Sri Lankan leisure sector, believes Sri Lanka is about to experience a new “wave of growth”…

Indian Premier concludes Sri Lanka visit; pledges to strengthen relations

Indian Premier concludes Sri Lanka visit; pledges to strengthen relations

Indian Prime Minister Narendra Modi, who visited Sri Lanka today on an invitation extended by President Maithripala Sirisena, held discussions at the President’s House in Colombo. Prime Minister Modi was…

U.S. Department of State Assistant Secretary for Political-Military Affairs Highlights 970 Million Rupees for Mine Clearance

U.S. Department of State Assistant Secretary for Political-Military Affairs Highlights 970 Million Rupees for Mine Clearance

The U.S. Department of State’s Assistant Secretary for Political-Military Affairs R. Clarke Cooper visited Sri Lanka from June 2 through 5 to discuss security cooperation and assess the progress of…

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