May 25, Colombo: Sri Lanka’s largest state owned retail chain Lanka Sathosa has secured committed support from the United States recording its first …
ECONOMYNEXT – President Donald Trump has nominated Alaina B. Teplitz, a career diplomat as ambassador to Sri Lanka and the Maldives.
ECONOMYNEXT – Sri Lanka’s mobile and fixed access networks have been given approval to invest over 200 million dollars in network expansion …
May 23, Colombo: Officials of the United States and Sri Lanka have held discussions on the island nation’s natural disaster preparedness as the …
ECONOMYNEXT – Ceylon Agro-Industries Ltd, a unit of Singapore based Prima group is setting up a 28 million US dollars plant to expand their …
From left: Sri Widowati, ADB Country Director of the Sri Lanka Resident Mission and R.H.S. Samarathunga, Secretary to the Treasury, Ministry of …
General Electric (GE) Transportation has been selected to provide 12 diesel locomotives valued at US$ 48 million to the Sri Lanka Railways, a senior …
May 19, Colombo: The Sri Lankan government has received a USD 453 million loan from the Asian Development Bank (ADB) to implement Mahaweli …
COLOMBO: China has approved a US$1 billion loan to revive a long-delayed expressway in central Sri Lanka, the island’s government said on …
ECONOMYNEXT – China’s envoy to Sri Lanka has informed Prime Minister Ranil Wickremesinghe that a long delayed 1.1 billion US dollar loan to …