”Sri Lanka attaches great importance to mega-projects cooperation with China, especially the projects of Hambantota Port and Industrial Park, Colombo Financial City. The Sri Lankan Government hopes to work with the Chinese side to accelerate the implem…
Apr 23, 2018 (LBO) – Sri Lanka’s official reserves have dropped to 7,309.11 million US dollars in March from 7,914.33 million dollars in February, official Central Bank data showed. Foreign currency reserves were 6,343.17 million dollars and reserves in gold were 894.73 million dollars in March.
China has warned Sri Lanka over attempts to sour the relationship between both countries. The Chinese Ambassador to Sri Lanka, Cheng Xueyuan said that there are baseless claims being made that the Hambantota Port might be used for military purposes. “C…
ECONOMYNEXT – Sri Lanka’s rough rice production in the main Maha cultivation season has been upped to 2.4 million metric tonnes, rebounding 62 percent from the drought stricken season last year, though output will be 14 percent below normal. The forecast by Sri Lanka’s Department of Agriculture …
Although teaching English as a second language to all school children has been a key social policy of successive governments of Sri Lanka since the early 1950s, the Census of Population and Housing data indicates that English literacy is just 22 percent among Sri Lanka’s population above 15 years …
Being the biggest of its kind to ever have been initiated in Sri Lanka, it is also the only one of its kind to offer books at very affordable prices, with discounts between 60 percent to 80 percent. The sale runs for 24-hours a day, non-stop for close …
“Subject to Cabinet approval of an automatic fuel pricing mechanism—consistent with the EFF-supported programme, the Board is expected to consider Sri Lanka’s request for the completion of the fourth review in June 2018”, Goretti said last Friday, after reaching a staff-level agreement following the …
A few days after Kandy district in central Sri Lanka experienced a spate of violent incidents targeting Muslims, resulting in deaths, injury and destruction of property, the country’s elections commissioner made a startling observation. “The claim that a majority of Sinhalese were against the recent attacks …
For months, the paper has tracked riots and lynchings around the world tied to Facebook. The report says violence in Sri Lanka has hit the nation particularly hard because Facebook rumors often lead to violent outcomes. A man was fatally beaten in a tr…
The Education Ministry has instructed principals to carry out programmes to promote religious reconciliation among the children during a Vesak week that begins on April 26th. fShare · Tweet. Sports News. SL limps again Essex. Sri Lanka has finis…