Colombo Port City is the largest foreign direct investment project in Sri Lanka’s history.– It will be “the main income generator for the future of Sri Lanka,” Prime Minister …
Owner of fire-stricken ship to pay $2.3M for Sri Lankan help
The owner of a large oil tanker that caught fire off Sri Lanka’s coast has agreed to pay $2.3 million to the island nation for its help in extinguishing the blaze, an official said Saturday. MT New …
India, Sri Lanka Agree to Work Closely on Pandemic-hit Economy
India and Sri Lanka’s leaders agreed to work closely on trade and investment to deal with the impact from the coronavirus pandemic. Prime Minister Narendra Modi held a virtual meeting with his …
India-Sri Lanka Summit: PM announces $15 million grant
Prime Minister Narendra Modi announced grant assistance of 15 million US dollars for promotion of Buddhist ties between India- Sri Lanka, said Amit Narang, Joint Secretary for Indian Ocean Region …
India-Sri Lanka Bilateral Talks: PM Modi Pitches For Devolution of Powers by Lankan Govt to Minority Tamils
India has been pressing Sri Lanka to implement the 13th amendment which was brought in after the Indo-Sri Lankan agreement of 1987 which envisaged devolution of powers to the Tamils. The two leaders …
Women in Sri Lanka Make up 56% of Voters, But Only 5% of Legislators
Money, pedigree, sexism and social norms keep Sri Lanka’s largest electorate – the country’s women – out of politics.
Mastercard (MA) to Spur Digital Transactions in Sri Lanka
Mastercard Incorporated MA recently extended its alliance with Central Bank of Sri Lanka (CBSL) in a bid to accelerate digital transactions across Sri Lanka. A case in point is Mastercard’s extension …
Mastercard (MA) to Spur Digital Transactions in Sri Lanka
Mastercard Incorporated MA recently extended its alliance with Central Bank of Sri Lanka (CBSL) in a bid to accelerate digital transactions across Sri Lanka. A case in point is Mastercard’s extension …
Sri Lanka seeks to balance India ties even as China presence grows
India’s Modi is set to meet his Sri Lankan counterpart in a virtual summit to reset ties, which have dipped amid China’s growing presence in the island.
Commercial Leasing & Finance expands branch network
Commercial Leasing & Finance PLC (CLC), one of the leading financial institutions in Sri Lanka has further expanded its branch network bringing their total reach to 68 locations. The new branches were …