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Tag: Sri Lanka

Posted on December 11, 2023

Sri Lanka’s Kithul Industry Is Ailing, But Authorities Have Other Plans

Kithul trees were found in abundance in Sri Lanka’s rainforests including Sinharaja but kithul … “People are engaged in the moonshine business and they do that inside the forest areas. Despite …
Posted on December 11, 2023

Sri Lanka’s Singer Finance rating cut to BBB (lka), outlook stable: Fitch

Fitch Ratings has downgraded the national long-term rating of Sri Lanka’s Singer Finance (Lanka) Plc to ‘BBB (lka)’ from ‘BBB+(lka)’.
Posted on December 10, 2023

The issue of illegal pet farms in Sri Lanka

The greatness of a nation and its moral progress can be judged by the way its animals are treated” Mahatma Gandhi ..
Posted on December 10, 2023

Timor-Leste is coming of age, and has learnt from Sri Lanka’s mistakes

Looking out from Wata Bo’o beach, I saw a calm blue sea, the water unruffled, disrupted only intermittently by the splash of a leaping silvery fish. This serene tropical outpost, a thousand miles east …

( read original story …)



Posted on December 10, 2023

Sri Lankan President Ranil Wickremesinghe Plans To Revoke Sports Minister’s Authority To Appoint Interim Committees

It was after Sri Lanka’s sports minister Roshan Ranasinghe decided to sack the governing body and appoint an interim committee headed by World Cup-winning former captain Arjuna Ranatunga
Posted on December 10, 2023

Travesty of Buddhism in present day Sri Lanka

The term ‘travesty’ is defined as a false, absurd, or distorted representation of something. In this case ‘the something’ is the Teaching of the Buddha and practices and customs done and followed at present times,
Posted on December 9, 2023

Nationwide power outage in Sri Lanka due to a system failure – government official

Sri Lanka is experiencing a countrywide power outage due to a system failure, a government official said on Saturday.
Posted on December 8, 2023

ADB approves $200 Million loan to stabilize Sri Lanka’s finance sector

Colombo (Daily Mirror) – In response to the economic and sovereign debt crises faced by Sri Lanka since April 2022, the Asian Development Bank (ADB) has approved a concessional loan of $200 million to …
Posted on December 8, 2023

Asian Development Bank approves a $200M loan to debt-stricken Sri Lanka

COLOMBO, Sri Lanka (AP) — The Asian Development Bank said Friday that it has approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector following …
Posted on December 8, 2023

ADB approves a $200 Mn loan for Sri Lanka

The Asian Development Bank (ADB) approved a $200 million concessional loan to the Government of Sri Lanka to help stabilize the country’s finance – Get the latest breaking news and top stories from …

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