Sri Lanka Cricket believes it is free of the stadium debts that had plagued it since the 2011 World Cup, and has announced profits of over USD 13.5 …
May 222018
May 102018
EU Ambassador to Sri Lanka and the Maldives Tung-Lai Margue said the program had been designed with the needs of the small farmers in mind.
May 022018
May 03, 2018 (LBO) – The International Finance Corporation, a member of the World Bank Group,is investing US 27 million dollars in Melwa Hotels and Resorts Private Limited towards the development of 3 hotels across Sri Lanka. The investment will increase Sri Lanka’s capacity in the tourism sector, …
Apr 192018
COLOMBO, April 19 (Xinhua) — The Sri Lankan government will target a revenue of 4.4 billion U.S. dollars through its tourism sector this year, Tourism Minister John Amaratunga said Thursday. Sri Lankan Tourism earned a revenue of 3.9 billion dollars i…
Apr 172018
Apr 18, London: An innovative way for small states to obtain easier access to international trade finance has been launched at the Commonwealth Heads of Government Meeting in London. In order to help Small States get access to global markets, India, Sr…
Apr 132018
“Since 2004, Sri Lanka has been earning a minimum of USD 2.5 million per annum from peacekeeping missions overseas. The troops deployed for such assignments benefit financially and through these undertakings, the country amasses foreign remittances tha…
Apr 092018
Apr 10, 2018 (LBO) – Sri Lanka’s government is looking at attracting up to US 2.5 billion dollars in Foreign Direct Investments (FDI) in 2018, and to double it to US 5 billion by 2020, a statement said. In 2017 the the highest FDI inflows came from China, followed by Hong Kong, India and Singapore, the …
Jan 142018
Subsequent to the agreement signed between the Sri Lanka Ports Authority and China Merchant Port Holdings Co. Ltd., US $ 292.1 million had been credited to the US Dollar account of the Government of Sri Lanka maintained at the Central Bank of Sri Lanka…
Oct 252017
India on Wednesday provided equipment and vehicles worth USD 585,000 to a university in Sri Lanka’s Tamil-dominated north as part of its …
Sep 282017
COLOMBO, Sept. 28 (Xinhua) — Sri Lanka has earned over 2 billion U.S. dollars from tourism this year with steady growth in numbers, the country’s …