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IMF reaches understanding at staff level to extend EFF for an additional year

IMF reaches understanding at staff level to extend EFF for an additional year

A staff team from the International Monetary Fund (IMF) has reached an understanding at the staff level with the Sri Lankan authorities on the fifth review and the request to…

ADB disburses first tranche of $ 75 mn MSME development lending

ADB disburses first tranche of $ 75 mn MSME development lending

The ADB has completed the disbursement of $ 25 million which is the first tranche of the additional $75 million micro, small and medium enterprises (MSMEs) financial intermediation loan project…

EU to offer Euro 8 mn towards building National Quality Infrastructure

EU to offer Euro 8 mn towards building National Quality Infrastructure

The EU will offer Euro 8 million as trade related assistance towards building National Quality Infrastructure (NQI), said Ambassador of EU Delegation to Sri Lanka and Maldives Tung-Lai Margue. He…

BNS Dhaleshwari arrives at port of Colombo

BNS Dhaleshwari arrives at port of Colombo

The Bangladesh Naval Ship (BNS) Dhaleshwari arrived at the port of Colombo on a goodwill visit yesterday and the ship was welcomed by the Sri Lanka Navy in accordance with…

Sri Lanka to give free visas to tourists for 06 months from April

Sri Lanka to give free visas to tourists for 06 months from April

Sri Lanka will grant free visas to tourists from key markets like the United Kingdom, Europe and Asian Buddhist countries like Thailand for six months from 1 April 2019 to…

Prima to increase investments in Sri Lanka

Prima to increase investments in Sri Lanka

Prima Ceylon (Pvt.) Ltd, Sri Lanka’s largest flour mill, is hoping to increase its investments after 40 years of operation, officials said. “Our current investment in Sri Lanka amounts to…

Sri Lanka in Geneva:: ‘Multilateralism could still deliver, despite challenges’

Sri Lanka in Geneva:: ‘Multilateralism could still deliver, despite challenges’

During a high-level panel discussion on ‘Human Rights Mainstreaming’ at the ongoing 40th session of the Human Rights Council in Geneva, Sri Lanka said it believed the “picture is not…

SL, UNDP to improve tourism sustainability standards

SL, UNDP to improve tourism sustainability standards

Sri Lanka Tourism Development Authority will be launching a sustainable tourism certificate scheme for the industry in partnership with the United Nations Development Programme in 2019, an official said.”Next year…

FM hails US Corporation

FM hails US Corporation

The assistance offered through USAID, US Peace Corp and the House DemocracyPartnership Programme are some the initiatives we are working together with.Recently, the US Government approved the ForeignMilitary Financing as…

EASA approves SriLankan Engineering to global standard

EASA approves SriLankan Engineering to global standard

The European Aviation Safety Agency (EASA) has approved SriLankan Engineering to carry out Base Maintenance operations on Airbus A330 aircraft as per EASA Part-145 regulations. SriLankan Engineering is the aircraft…