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Nearly 100,000 Chinese tourists visit Sri Lanka up to April

Nearly 100,000 Chinese tourists visit Sri Lanka up to April

The Chinese news agency Xinhua reported that nearly 100,000 Chinese tourists visited Sri Lanka till April this year, making China among the top three countries generating the most number of…

Tourist arrivals grow 16% in first quarter this year

Tourist arrivals grow 16% in first quarter this year

The tourist season for Sri Lanka’s east coast is fast approaching with Arugam Bay being the center of attraction for surfers. It’s a very popular surfing destination among European and…

Sri Lanka approves plans for three LNG power plants

Sri Lanka approves plans for three LNG power plants

The Sri Lankan government has approved plans to set up three liquefied natural gas (LNG) power plants with a total capacity of 1,400 megawatts in government-to-government deals with China, India…

EU provides Rs.810Mn to modernise Sri Lanka’s agricultural sector

EU provides Rs.810Mn to modernise Sri Lanka’s agricultural sector

The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka’s agriculture sector. The project “Support to the modernisation of the agriculture sector in…

Annual Global Pulses conference opens in Colombo

Annual Global Pulses conference opens in Colombo

The annual conference of Global Pulses Confederation (GPC), the not-for-profit peak body for the whole global pulses industry value chain, opened in Sri Lankan capital of Colombo yesterday with the…

Sri Lanka economy to rebound, delaying reforms pose risks: World Bank

Sri Lanka economy to rebound, delaying reforms pose risks: World Bank

The World Bank says Sri Lanka’s economy will rebound in 2018 with annual growth averaging 4.5 percent in the medium term, driven by private consumption and investment but warned against…

Sri Lanka’s coal power bounty has ended; costs shooting up

Sri Lanka’s coal power bounty has ended; costs shooting up

Sri Lanka’s power generation costs are rapidly outpacing selling prices and a bounty from a 900 MegaWatt coal plant had now run out, and there is no relief on the…

Malaysia foils smuggling of 131 Sri Lankan immigrants

Malaysia foils smuggling of 131 Sri Lankan immigrants

Malaysian police have intercepted a tanker with 131 Sri Lankans believed bound for Australia and New Zealand, smashing a large human smuggling ring that has been operating for a year.…

Special Japanese Envoy meets President Maithipala Sirisena

Special Japanese Envoy meets President Maithipala Sirisena

A delegation led by Dr. Hiroto Izumi, Special Envoy of Japanese Prime Minister Shinzo Abe called on President Maithipala Sirisena at his official residence yesterday. The delegation will study the…

FM holds discussion with ADB to expedite SL projects

FM holds discussion with ADB to expedite SL projects

Finance and Media Minister Mangala Samaraweera, who is attending the ADB 51st Annual Meeting in Manila, had discussions with an ADB Board Executive Director, In-Chang Song, at the ADB HQ…