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Tag: Sri Lanka

Posted on January 23, 2025

World Bank VP visits Sri Lanka; announces $ 200 m financing

World Bank Vice President for South Asia Martin Raiser concluded a two-day visit to Sri Lanka yesterday, reaffirming support for education, rural development, and renewable energy. ..
Posted on January 22, 2025

World Bank to finance key projects in Sri Lanka totaling $200mn

World Bank vice president for South Asia, Martin Raiser, who concluded a visit to Sri Lanka on Wednesday, has said the global lender plans to finance three key projects over the next three months …
Posted on January 22, 2025

Former leaders are ordered to vacate government homes in Sri Lanka.

COLOMBO: As part of a new austerity campaign, Sri Lanka’s left-leaning administration on Tuesday demanded previous presidents, including the once-dominant Rajapaksa brothers, to immediately leave …

( read original story …)



Posted on January 22, 2025

Sri Lanka orders ex-leaders to move out of mansions

Gotabaya Rajapaksa was forced to step down in 2022 as Sri Lanka faced its worst economic meltdown, with foreign reserves plummeting and the nation running out of dollars to finance imports of …
Posted on January 22, 2025

Amid Sri Lanka’s austerity drive, Rajapaksa brothers must vacate deluxe government mansions

The move aims to reduce government spending and convert the mansions into hotels or museums, with former leaders receiving a modest rent allowance instead Sri Lanka’s leftist government asked former …
Posted on January 21, 2025

BOI revitalisation a key New Year’s resolution for Sri Lanka in 2025: US Ambassador

US Ambassador to Sri Lanka Julie Chung recently called on authorities to make the revitalisation of the Board of Investment (BOI) a key New Year’s resolution for Sri Lanka in 2025. ..
Posted on January 21, 2025

UK tea importers visit Sri Lankan producers, exploring trade opportunities

A delegation of experts and specialists from the UK tea industry is in Sri Lanka this week to strengthen connections with the country’s specialty tea producers and explore business opportunities. ..
Posted on January 21, 2025

BOI revitalisation a key New Year’s resolution for Sri Lanka in 2025: US Ambassador

US Ambassador to Sri Lanka Julie Chung recently called on authorities to make the revitalisation of the Board of Investment (BOI) a key New Year’s resolution for Sri Lanka in 2025. ..
Posted on January 21, 2025

UK buyers to explore Lanka’s artisanal teas and ethical practices firsthand

UK tea buyers’ delegation here this week to strengthen connections with Lankan specialty tea producers A delegation of experts and specialists from the UK tea industry is in Sri Lanka this week to …
Posted on January 21, 2025

World Bank assures financial and technical assistance for Sri Lanka’s key govt projects

Vice President for South Asia at the World Bank Martin Raiser stated that the organization is committed to providing financial and technical assistance for Sri Lanka’s key government projects …

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