Commander of the Army: Lieutenant General Mahesh Senanayake, in what could be regarded as a landmark milestone of the friendship that prevails between Sri Lanka and Pakistan, had the rare privilege of extending courtesies and having a cordial and fruit…
In order to present the richest Buddhist historical legacy to the Sri Lankan people, Pakistan has sent the most sacred relics of the Lord Buddha to Sri Lanka on April 28, 2018 for exposition in connection with the Annual Buddha Rashmi National Vesak Fe…
Apr 29, Colombo: In a major boost to Sri Lankan entrepreneur development efforts, the country’ sole and fully integrated cement giant, INSEE Cement, has stepped in to support one of the biggest industry-entrepreneurial development projects introduced in the country, according to Minister of Industry …
ECONOMNEXT – ABB India Limited has a won 1.434.11 million rupee deal to improve and build a grid substation for Sri Lanka’s state-run Ceylon Electricity Board. The substation will be built in Biyagama, near a large industrial zone in Sri Lanka, the state information office said. The cabinet of ministers …
Apr 29, Colombo: Sri Lanka’s Prime Minister Ranil Wickremesinghe says the unity Government is determined to make a harmonious society through the protection of democratic rights of people. Issuing a message to mark the Vesak, the Premier said Vesak is a “time for reflection and appreciation of our …
NEW DELHI — Sri Lanka, which has loaded up on Chinese-funded infrastructure, is sinking deeper into a debt trap as its currency weakens and economic growth decelerates to its slowest pace in 16 years. The Sri Lankan rupee has depreciated 3% against th…
Apr 29, Colombo: Sri Lanka’s Office on Missing Persons (OMP) will travel to different places of the island to hold discussions with families of the disappeared starting from next month, OMP Chairman Saliya Pieris PC, said. The OMP Commissioners would share their plans and obtain views of the public …
ECONOMYNEXT – Sri Lanka has sold 20.2 million US dollars of 5-year securities styled Sri Lanka Development Bonds at a fixed rate of 5.6563 percent and 20 million 4-year bonds at 5.5575 percent, the state debt office said. The tradable bonds are mostly …
ECONOMYNEXT – The Export-Import Bank of Korea (Korea Eximbank) is to help establish an automated taxation system in the Sri Lankan capital Colombo which generates considerably high amounts of tax revenue. The support from Korea Eximbank, which provides…
The Sri Lanka Club celebrated the Tamil New Year with a traditional ceremony, cultural games and sports activities. It was held at the Busaiteen Club, where different competitions were held including a fancy dress competition for children, a longest ha…