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Readmission to GSP+ reaping benefits- EU Ambassador

Readmission to GSP+ reaping benefits- EU Ambassador

The country’s readmission to the General System of Preferences plus (GSP +) scheme in 2017 has been highly beneficial to Lankan exporters and also in strengthening the export earnings since…

China donates explosive detectors worth 750 million

China donates explosive detectors worth 750 million

The government of People’s Republic of China has donated several equipment including drugs and explosive detector worth Rs. 750 million to Sri Lanka. The Chinese Ambassador in Sri Lanka Cheng…

Sri Lankan tourist traffic recovers after Easter attacks

Sri Lankan tourist traffic recovers after Easter attacks

Immediately after the Easter bombings of churches and hotels, inbound traffic was down to 25-30 percent of previous levels, according to  Sanjeewa Wijeratne, executive director of Sri Lanka’s Airport and Aviation…

Opposition to FTAs due to lack of knowledge – PM

Opposition to FTAs due to lack of knowledge – PM

Those who feel that Free Trade Agreements (FTA’s) are destroying our country and destabilizing the economy are definitely thinking and walking through a wrong path, Prime Minister Ranil Wickremesinghe said.…

Swiss Singapore Overseas wins Sri Lanka coal deal

Swiss Singapore Overseas wins Sri Lanka coal deal

Swiss Singapore Overseas (Pte) Ltd, a commodity trader, has won a deal to supply 300,000 metric tonnes of coal to Sri Lanka. The cabinet of ministers had cleared the award…

USD50mn from Saudi Fund for new Medical Faculty in Sabaragamuwa University

USD50mn from Saudi Fund for new Medical Faculty in Sabaragamuwa University

 Saudi Fund for Development (SFD) has agreed to provide a concessional loan amounting to Saudi Riyal 187.5 Million (USD 50 mn) to establish a Medical Faculty in the University of…

Vehicle registrations marginally down in August 2019

Vehicle registrations marginally down in August 2019

Sri Lanka’s total motor car registrations recorded 2,385 units in August down from 2,584 units in July and significantly down from 7,003 units 12 months ago, a new report shows.…

William Penn announces its launch in Sri Lanka

William Penn announces its launch in Sri Lanka

Penndome Sri Lanka, announces its brand launch in Sri Lanka of the William Penn brand. The brand offers a wide portfolio of products in premium writing instruments & stationery including…

Japan grants Rs1.6bn to boost airport security

Japan grants Rs1.6bn to boost airport security

Japan has given a 1 billion yen grant (1.6 billion rupees) to buy equipment to boost airport security and police work in the wake of Easter Sunday attacks. “The public…

Light Rail set to be SL’s first women-friendly public transport system

Light Rail set to be SL’s first women-friendly public transport system

The Japan International Cooperation Agency (JICA) will provide technical assistance to strengthen the Gender Action Plan (GAP) for Colombo Light Rail, towards making it the first woman-friendly public transport system…

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