ADB gives USD270Mn for road and water projects in Jaffna

ADB gives USD270Mn for road and water projects in Jaffna

The Asian Development Bank (ADB) will give US 270 million dollars in financial assistance from for the implementation of the integrated road investment program and Jaffna Killinochchi water supply project A loan of USD 150 million was obtained for the investments required for the 4th tranche of the integrated road investment program…

India provides Rs. 6.9 bn to upgrade KKS Harbour

India provides Rs. 6.9 bn to upgrade KKS Harbour

India provides US $ 45.27 million (LKR 6.9 billion) to upgrade Kankesanthurai (KKS) Harbour and the agreement in this regard was signed on January 10 in New Delhi by Export-Import Bank of India Managing Director David Rasquinha and the Secretary to Treasury of Sri Lanka. The project would…

Japanese “Setogiri” arrives at the port of Trincomalee

Japanese “Setogiri” arrives at the port of Trincomalee

“Setogiri”, a Naval ship belongs to Japanese Maritime Self Defence Force, arrived at the port of Trincomalee yesterday (20th Dec.) on a good will visit.   Commanding officer of the 7th Flotilla of Japanese Maritime Self Defence Force Captain Susumu Moriyama accompanied by the commanding officer of the…

India and China flex muscles over Sri Lankan hub

India and China flex muscles over Sri Lankan hub

At the eerily quiet Mattala Airport, on the forested southern coast of Sri Lanka, a battle between Asian…

Climate change-fuelled drought pushes Sri Lanka farmers to cities

Climate change-fuelled drought pushes Sri Lanka farmers to cities

When Siri Hettige, a sociology professor at Colombo University, conducts surveys of young people across Sri Lanka, he…

Sri Lanka plans hi-tech search for ground water amid drought

Sri Lanka plans hi-tech search for ground water amid drought

Sri Lanka plans to acquire modern technology to search for ground water and new drilling equipment, amid the…

EU puts up Rs5.4bn for Sri Lanka’s poor provinces

EU puts up Rs5.4bn for Sri Lanka’s poor provinces

The European Union said it was pledging 5.4 billion rupees (29.7 million Euros) to improve living conditions in…

Sri Lanka’s long awaited LNG discovery to come into operation by 2021

Sri Lanka’s long awaited LNG discovery to come into operation by 2021

Sri Lanka plans to commercialize the natural gas discoveries in one of the gas blocks in the Mannar…

Japanese investment for Hotel Complex in the South

Japanese investment for Hotel Complex in the South

The Bensei Group of Japan will construct a hotel complex between Ahungalla and Bentota in the Galle district.…

India interested in developing Mattala Airport

India interested in developing Mattala Airport

The Government of India (GOI) has expressed interest in developing the Mattala Rajapaksa International Airport (MRIA). According to…

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