Global Fund to provide 20 million Euro…
The Global Fund will provide 20 million Euros to Sri Lanka for 2020 - 2022 period with the assistance of the German Government, Health Ministry…
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SME loan recovery suspension: CB to issue directives
The Central Bank of Sri Lanka is to issue directives to the banking sector on the concessionary loan package proposed by the government to uplift…
Hamilton canal to redevelop
Sri Lanka Tourism with the assistance of several other ministers will redevelop Hamilton canal, (Dutch Canal) a 14.5 km (9 mi) canal connecting…
24 hour Water cut in Negombo…
The National Water Supply and Drainage Board stated several areas in Negombo and surrounding areas will experience water cut for 24-hours on January…
Power cars for Aruwakkalu waste processing…
Four Chinese power sets for the Aruwakkalu Sanitary Landfill Project were delivered at Colombo Harbour yesterday.
They were unloaded and kept…
Master plan for Hambantota Port on the horizon…
A master plan for developing industries around Sri Lanka's southern Hambantota Port is on the horizon, says Ravindra Jayawickrema, CEO of Hambantota…
Plans to re-open Kantale sugar factory
The Government has drawn attention towards re-opening the Kantale sugar factory which has remained closed for over 25 years. It is believed that more…
Beyond 2020 country expects 6.5pct growth and inflation 4 – 6%
Sri Lanka is expecting 4.0 to 4.5 percent economic growth in 2020 and inflation below 4.0 percent and a higher 6.5 percent growth in the medium term…
Eight new power sets to improve train service
Train service will be further improved with the arrival of eight new train sets next year as Sri Lanka is set to receive six new power sets from…
Auctioning of properties of SME loan defaulters suspended
The Government has suspended the auctioning of property belonging to Small and Medium-scale entrepreneurs for defaulting on bank loans amounting to…