Sri Lanka’s first Ironman triathlon to generate US $ 3mn in tourism earnings … The first Ironman event in South Asia would be held from February 22-25 in Sri Lanka, with the Ironman 70.3 Colombo international triathlon and exhibition set to generate US$ 3 million in tourism earnings for the country and …
Dhananath Fernando wins US$ 10,000 for Sri Lanka in Think Tank Shark Tank in Asia … Dhananath made a strong case on the high cost of construction in Sri Lanka and highlighted that more than 10 million Sri Lankans will be benefited if the border taxes…
"In 2015, Sri Lankan voters chose a new government that pledged transparency, reconciliation, and accountability. We look forward to even greater progress on these areas in the coming year, along with increased peace, prosperity, and further growt…
Feb 04, Colombo: Congratulating Sri Lanka on the 70th anniversary of the island nation’s independence, the United States said it looks forward to see greater progress on Sri Lankan government’s commitments for transparency, reconciliation, and accountability and enhanced bilateral relations. “In 2015 …
COLOMBO (REUTERS) – Sri Lanka’s president said on Friday (Jan 26) that more than US$58 billion (S$75.84 billion), or 90 per cent, of foreign loans borrowed by the previous government was unaccounted for in Finance Ministry records. However, ministry officials of the last government said President …
Though foreign loans are repaid in instalments (they are effectively converted to rupee debt since Sri Lanka does not have a budget surplus), rupee debt is simply rolled over with interest forever. In addition there was 524 billion rupees of government…
The US government is to award $1.2 million to Sri Lanka over three years towards countering human trafficking. “The United States has a strong commitment to working with international partners to tackle the root causes of modern slavery and protect vic…
COLOMBO: Sri Lanka on Monday destroyed US$108 million worth of cocaine in public, seized by authorities in the port of Colombo which is increasingly becoming a transit hub favoured by drug smugglers in Asia. The authorities destroyed 928 kg (more than …
Conveying his Pongal wishes as Tamils around the world celebrated Thai Pongal today, the US ambassador to Sri Lanka, Atul Keshap said he had reiterated the call for Sri Lanka to implement the cosponsored UN Human Rights Council resolution during a meeting with the northern province’s chief …
Jan 10, Colombo: Sri Lanka and India today signed an agreement to provide Indian loan assistance of US$ 45.27 million (Rs. 6.9 billion) to upgrade the Kankasanthurai Harbor in Jaffna in the North. Secretary, Ministry of Finance and Mass media Dr. R H S…