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India to keep a watch on Sri Lanka’s behaviour after Gotabaya Rajapaksa’s win

India to keep a watch on Sri Lanka’s behaviour after Gotabaya Rajapaksa’s win

India will adopt a ”wait and watch” approach on Sri Lanka following the victory of Gotabaya Rajapaksa in the presidential election even as it is hopeful that the new dispensation…

SLTDA and DCC & CRM sign MOU to fasten investment approvals for tourism

SLTDA and DCC & CRM sign MOU to fasten investment approvals for tourism

Sri Lanka Tourism Development Authority (SLTDA) and the Department of Coast Conservation & Coastal Resources Management (DCC & CRM) marked a significant milestone when the two institutions signed a memorandum…

ADB gives USD150Mn for rural road development

ADB gives USD150Mn for rural road development

Over 3400 kilometers of rural roads and 340 kms of national highways will be developed under the Second Integrated Road Investment Program funded by the ADB, the Finance Ministry said.…

Lanka’s effort in carbon sequestration commended

Lanka’s effort in carbon sequestration commended

Commonwealth Secretary General Rt. Patricia Scotland visited a mangrove replanting site in Wadduwa, Koggala recently in appreciation of Sri Lanka’s contribution towards improving its mangroves in helping carbon sequestration. Sri…

Prez poll first results by midnight Saturday

Prez poll first results by midnight Saturday

The first result of the ‘Presidential Election 2019’ can be expected by midnight on Saturday, Election Commission Chairman Mahinda Deshapriya disclosed on Wednesday. The Chairman was addressing the last pre-poll…

Lanka-Australia trade tops AUD 1.5 bn mark

Lanka-Australia trade tops AUD 1.5 bn mark

As the Sri Lankan economy continues to grow, opportunities for greater trade and investment will also increase for Australia, said High Commissioner of Australia to Sri Lanka David Holly. Noting…

BACA president meets Sri Lankan ambassador

BACA president meets Sri Lankan ambassador

Bahrain Authority for Culture and Antiquities (BACA) President Shaikha Mai bint Mohammed Al-Khalifa receives Sri Lankan Ambassador Pradeepa Saram to Bahrain and discussed joint cooperation.   BCA President stressed the importance of…

Sri Lanka air quality returning to normal

Sri Lanka air quality returning to normal

 Sri Lanka’s air quality is soon returning to normal as the air quality index has reached moderate levels from above 100 recorded last week, the state owned National Building Research…

Sri Lanka economy to grow 3.5-pct in 2020: Central Bank

Sri Lanka economy to grow 3.5-pct in 2020: Central Bank

The Sri Lankan economy is projected to grow by around 3.5 percent in real terms in 2020, a new Central Bank report says. “The growth is expected to be broad-based…

Korea grants Rs 5.4 billion loan for upliftment of IT sector

Korea grants Rs 5.4 billion loan for upliftment of IT sector

The Korean government recently (Nov 5), agreed to provide a concessional loan of USD 30 million (Rs 5.4 billion) to uplift the IT sector in Sri Lanka. An agreement to this…

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