The World Bank Country Director for Maldives, Nepal and Sri Lanka, Mr. Faris Hadad-Zervos, accompanied by the World Bank Country Manager for Sri Lanka, Ms. Chiyo Kanda, paid a courtesy call on Governor of the Central Bank of Sri Lanka, Deshamanya Professor W. D. Lakshman, today. They discussed various matters of mutual interest. Governor Lakshman…
LONDON, Oct 23 (Reuters) – Sri Lanka’s government bonds fell heavily on Friday after the United States urged the country’s government to make “difficult but necessary choices” regarding its ties with China. Worries that this year’s COVID-19 crisis could see the country struggle to pay its debts have already seen its bonds slump almost 40%…
WASHINGTON (Reuters) – The United States will urge Sri Lanka to make “difficult but necessary choices” on its economic relations when Secretary of State Mike Pompeo visits there next week, a senior U.S. official said on Thursday, apparently refering to China’s deepening influence over Colombo. Pompeo will also visit India, Maldives and Indonesia on an…
The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Poland, Hony. Consul for Sri Lanka in Poland and the Chamber of Commerce in Warsaw, organized E- Trade Week Sri Lanka – Central Eastern Europe programme. This programme commenced with a webinar on “Trade opportunities between Sri Lanka and the…
A programme to promote Sri Lankan Agri products and Processed Food in the Indian market was launched in Mumbai a week ago to implement President Gotabaya Rajapaksa’s Export Economic Policy. Accordingly, a webinar on “India – Sri Lanka Current Business Environment and Opportunities for Joint Collaborations for Agri and Processed Food Sector”, organized by the…
The total exports, both merchandise and service maintained at US$ 9,693 million during January to September 2020, as against US$ 11,784 million recorded for a similar period in the last year – US$ 17.74 million decline – with a reduced gap, signaling that Sri Lanka is for a stronger recovery amidst unprecedented global economic downturn,…
The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by the ICICI Bank Limited, India, has granted approval to close down business operations of ICICI Bank Limited in Sri Lanka and cancel the license issued to it in terms of the provisions of the Banking Act, No. 30 of…
Hemas Hospital Thalawathugoda in a statement to media said that a patient who visited the Emergency Treatment Unit (ETU) of the Hospital on 19 October was transferred to Sri Jayewardenepura General Hospital (SJGH) on the advice of the Consultant Nephrologist. This patient was later tested COVID-19 positive on 20 October at SJGH. Due to the…
George Steuart Teas laid the foundation stone for a modern, state of the art Tea processing and packaging facility in Thalwatta, Kelaniya. This complex will be built on a 6 acre land extent and the building area will cover over 150,000 sq/feet. The facility will carry out tea and packing material storing, processing, blending, bagging…
The Minister also said that government will extend all support to make Lanka Premier League an annual property like Indian Premier League LPL essential for future of Sri Lankan cricket, says Sports Minister “The Lanka Premier League (LPL) is a tournament that will position Sri Lanka on the global sports map and has already attracted…
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