(Xinhua) — The Asian Development Bank (ADB) and the Sri Lankan government signed a 165 million U.S. dollars loan agreement Wednesday to provide immediate financing support for small and medium-sized …
Sri Lanka- First DoubleTree by Hilton Resort opens in Weerawila
Hilton announced the opening of DoubleTree by Hilton Weerawila Rajawarna Resort, a new three-story, 78-room modern resort in Weerawila, Sri Lanka.
Located amongst …
Can LPL help once-dynamic Sri Lanka regain T20 mojo?
It seems almost ludicrous now, but between 2009 and 2014 no T20 team was more dynamic than Sri Lanka. Their win/loss record during those five years (34 wins, 19 losses) was comfortably the best in the …
Hungry elephants look for food in Sri Lanka landfill
World Hungry elephants look for food in Sri Lanka landfill. Posted . Sri Lanka’s government is digging a moat around one of its landfill sites to keep out elephant herds and reduc …
ADB allocates US$ 220 mn funding for healthcare projects in Sri Lanka
The Asian Development Bank (ADB) has allocated US$ 220 million worth of funds to build Sri Lanka’s health system capacity and resilience under the recently unveiled country operations business plan …
Obama’s book notes UN failure in Sri Lanka
Former US President Barack Obama has referred to Sri Lanka in his just released book which has already sold millions of copies. The reference on Sri Lanka, though very short, is likely to stir …
People’s Merchant Finance lays strong foundation for future
People’s Merchant Finance PLC (PMF) has been navigating the challenges of Sri Lanka’s banking, finance, and leasing industries for the past 35 years. Increasing challenges due to operating environment …
Sri Lanka- Government admits to shortcomings in fight against Covid
The Government has admitted there are shortcomings in its efforts to contain the coronavirus outbreak in Sri Lanka.
‘The second wave of the coronavirus is dif …
ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs
The Asian Development Bank (ADB) has approved a USD 165 million loan to Sri Lanka to provide immediate financing support for small and medium-enterprises (SMEs), which have been severely affected by …
Sri Lanka, China to focus on ‘poverty alleviation’
Sri Lanka and China will expedite ongoing development cooperation projects, and increase trade and investment, with “a special focus” on poverty alleviation and livelihoods generation, Sri Lanka’s For …