USD 32.5 million loan approved for UL without application
The Board of Directors of SriLankan Airlines had approved a decision taken by a government committee to borrow USD 32.5 million
Read more
Business
World Bank commits $ 200 m to elevate Sri Lanka’s public health services
The World Bank has committed $ 200 million to upgrade the standards of performance of Sri Lanka’s public health system
Read more
Hambantota Port signs historic TSA with K-Line
The Hambantota International Port Group (HIPG) has entered into its very first Terminal Service Agreement (TSA) with K-Line Ltd. (KLPL),
Read more
Sri Lanka is building a $15 billion metropolis meant to rival cities like Hong Kong and Dubai
Sri Lanka is using a $1.4 billion Chinese investment to start building a new metropolis. The full project, scheduled for
Read more
Saudi Arabia pledges $300m in aid to Sri Lanka
The move comes as Saudi Arabia and Sri Lanka seek to improve bilateral ties. Sri Lanka has been actively seeking
Read morePenalty for cancelling Airbus deal accounts for 33% of UL losses
SriLankan Airlines has paid Rs. 18.8 billion as part of a penalty for the cancellation of the four Airbus A350-900
Read more
2D Seismic Survey for oil and gas exploration begins
The Chinese-based Seismic Vessel BGP Pioneer has arrived at Colombo Port to conduct a Modern Broadband 2D seismic survey for
Read more
Scrapping Airbus deal: Cabinet kept in the dark
The Cabinet of Ministers had not been informed of the decision to cancel four Airbus A350-900 leases in 2016, Secretary
Read more
Crypto-currency a serious threat to CBSL: Former Deputy Governor
The proliferation of crypto-currencies poses a serious threat to the Central Bank of Sri Lanka (CBSL), warned former CBSL Deputy
Read more
Near 40,000 Vacancies for ICT professionals
The Information and Communication Technology (ICT) and the ICT Enabled Services Industries have a shortfall of 40,000 skilled workers, Chairman
Read more