Sri Lanka’s edible fish exporters are experiencing a boom following the resumption of shipments to Europe, and Emirates SkyCargo is playing a key role in helping them capitalise on this resurgence. The freight division of the award-winning airline reports that it is currently transporting about 100 tons of edible fish a week from Colombo to…
Sri Lanka has been granted a $50 million (£37m) loan to help fund rooftop solar power projects. The funding will support 50MW of capacity and the Asian Development Bank (ADB) will also help develop a market infrastructure and a pipeline of subprojects. According to the ADB, Sri Lanka’s electrification rate stood at 99.3% last year…
The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to $900 million for a program that will upgrade Sri Lanka’s road network to connect vast rural populations to jobs and services. “Improving Sri Lanka’s poor rural transport infrastructure is key to achieving the government’s development goals, which include generating 1 million…
Reuters – Sri Lankan shares rose for a third straight session on Monday to end at their highest close in seven weeks led by banks and diversified shares, while continued foreign buying in the market underpinned positive sentiment. The Colombo stock index ended 0.51 percent up at 6,470.96, its highest close since Aug. 14. The…
The Pathfinder Foundation (PF) and the Xinhua News Agency signed an Agreement to jointly publish ‘China Watch’ a. This is another pioneering initiative of the PF and its China – Sri Lanka Cooperation Studies Centre (CSLCSC). Xinhua, the official news agency in China is the largest, authoritative and most influential media establishment in China. Within…
Emirates and flydubai partnership announces first codeshare routes With the start of the partnership, Emirates will codeshare on 29 routes operated by flydubai Passengers can book from 03 October with travel commencing on 29 October Reach more destinations easily, frequently and quickly Following the commencement of their partnership, Emirates and flydubai today announced that Emirates…
UN’s specialized agency for industrial development working to usher Inclusive and sustainable industrialization framework will unveil its way forward on industry framework of Sustainable Development Goals (SDGs) on Sri Lanka today 2 October afternoon for the first time. The visiting New Delhi based UNIDO Regional Representative Dr Rene Van Berkel will be addressing the Lankan…
The Ceylon Chamber of Commerce will close accepting applications from organizations, who wants to compete in the ‘Best Corporate Citizen Sustainability Awards 2017,’ on the 4th October, 2017. The annual event, which is conducted for the 14th consecutive year has seen heavy interests of a large number of local corporate firms, which have already come forward to take…
The UK has given 15 million pounds to Sri Lanka in support of the program to minimize the use of tobacco. According to the Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratna, the WHO has started programs to control the use of tobacco. President Sirisena and he were given awards for the…
Reuters – Sri Lankan shares edged higher for a second straight session and closed at a more than one-week high on Friday as investors bought beverage and manufacturing shares while continued foreign buying in the market underpinned positive sentiment, brokers said. The Colombo stock index ended 0.07 percent up at 6,438.24, its highest close since…
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