ECONOMYNEXT – Sri Lanka has raised the price of domestic liquefied gas by 17 percent to 1,676 rupees for a 12.5 kilogram cylinder, as costs rose petroleum prices rising and a sharp depreciation of the currency over the last two years. State-run Litro Gas said Sri Lanka’s Consumer Affairs Authority had …
Apr 27, Lysekil, Sweden: Seabased, a Swedish wave energy company, announced that it is partnering with Infocom Connect to provide renewable energy for commercial projects in Sri Lanka. The first project, a 1-to-5 MW installment, will power a fish farm….
Disclosable Version of the ISR – Sri Lanka Strategic Cities Development Project – P130548 – Sequence No : 08 (English)
Apr 27, Colombo: the Attorney General’s Department has advised the Ministry of Sports to hold the elections for Sri Lanka’s Cricket board under a new Election Committee appointed at a general meeting according to the Sports Act. Attorney General’s Department has conveyed this advice today after the …
The United States (US) has issued a security alert for Sri Lanka over May Day rallies set to be staged in the country. The security alert notes that between 1-7 May, the U.S. Embassy in Colombo expects various groups and political parties will hold par…
ECONOMYNEXT – Sri Lanka may borrow more than one billion US dollars from a syndicated loan after a better than expected response from investment banks, Central Bank Governor Indrajit Coomaraswamy said. He said bids from investment managers for the loan…
“Building a better and secure future for all is a shared call that we can shirk only at our own peril”, stated Ambassador A.L.A.Azeez, Sri Lanka’s Permanent Representative to the UN in Geneva, addressing the Second Preparatory Committee Meeting of State Parties to the Nuclear Non-Proliferation Treaty …
The FINANCIAL — The World Bank Board of Executive Directors on April 26 approved a $100 million credit to support Sri Lanka’s efforts to strengthen and modernize its education system. The General Education Modernization Project (GEM) will modernize and diversify the curriculum of general …
One of Sri Lanka’s largest banks, Nations Trust Bank, recently announced its Open API Banking Platform. The API is compliant with Europe’s PSD2, and the company hopes that it will facilitate more open mindedness and collaboration in Sri Lanka’s banking industry. The company finds that a “fortress” …
The Black Caps will begin their 2019 Cricket World Cup campaign against Sri Lanka in Cardiff. For the 2019 World Cup, which has decreased in size from 14 teams to 10, the International Cricket Council has reverted to a round-robin format it last used a…