Pompeo said that the US would open an embassy in the Maldives for the first time, in an attempt to counterbalance Chinese presence there.
Pakistan registers over 10% growth in home remittances; outperforms regional countries
Pakistan by recording 10.1% growth in home remittances during the last ten years has outperformed other countries of the region including Philippines, Bangladesh, Sri Lanka and India which recorded a …
Standard Chartered Sri Lanka clinches ADB’s ‘Trade Finance Deal of the Year’ Award
Standard Chartered Sri Lanka has won the Asian Development Bank’s (ADB) prestigious Trade Finance Deal of the Year 2020 (Confirming Bank) Award at the Trade & Supply Chain Finance Program (TSCFP) …
First-ever virtual Sri Lanka Economic Summit, 2020 to be held next month
The Ceylon Chamber of Commerce will be organizing the 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 and will be conducting the summit virtually for the first time in its …
The Latest: Sri Lanka lifting pandemic curfew to aid economy
Sri Lankan authorities will end a pandemic curfew imposed in parts of the country, saying people themselves should take the responsibility to avoid being infected the new coronavirus.
Lanka Shakthi Technologies to achieve Govt. target of renewable energy by 2030
Pvt Ltd, one of Sri Lanka’s leading solar power EPC Companies to industries and homes, recently announced that the company is geared and ready to achieve the government’s energy target of 80% …
Lanka’s exports to Australia passes US$ 86 mn in 2019
Due to COVID-19 and its impact on the Australian economy, chances are remote for Sri Lanka in terms of engaging the conventional promotional strategies and activities to promote trade and investment , …
StanChart Sri Lanka clinches ADB’s prestigious Trade Finance Deal award
Standard Chartered Sri Lanka has won the Asian Development Bank’s (ADB) prestigious Trade Finance Deal of the Year 2020 (Confirming Bank) award, at the Trade and Supply Chain Finance Programme (TSCFP) …
120 Beached Whales Saved in Sri Lanka After Crews Brought Animals ‘One By One Back Into Deeper Waters’
“The people around here got together and saved most of them,” a local marine biologist said of the rescue efforts …
Sri Lanka reserves at USD 6.7bn by end Sept 2020
Gross official reserves decreased to US dollars 6.7 billion by end September 2020, compared to US dollars 7.6 billion recorded at end 2019, the Central Bank of Sri Lanka said. The Bank said in its lat …