Govt. gets aggressive on ports as pivot
By Nisthar Cassim Hot on the heels of concluding the landmark revamp of Hambantota Port, the Government is unleashing a…
Tag: ADB
ADB grants Sri Lanka USD 9.5 million to support women-led SMEs
The Asian Development Bank (ADB) has granted USD 9.5 million through the Women Entrepreneurs Finance Initiative (We – Fi) to…
National Electricity Grid Control Center set up to control power generation island wide
Sri Lankan President Maithripala Sirisena Wednesday declared open the new National Electricity Grid Control Center of Ceylon Electricity Board (CEB)…
ADB approves US$ 100 million additional funding to enhance job skills in Sri Lanka
The Asian Development Bank (ADB) and the Government of Sri Lanka on Friday signed a US$100 million loan agreement as…
New loan scheme to motivate women entrepreneurs to start SMEs
Taking into consideration the importance of motivating women entrepreneurs, a proposal has been made to implement a loan scheme known…
Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB
The Asian Development Bank (ADB) says Sri Lanka’s economic growth over the next two years will depend on agriculture and…
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per…
ADB proposes Sri Lanka economic corridors to address regional imbalances
Asian Development Bank (ADB) has proposed an economic corridor to help correct regional imbalances in Sri Lanka, linking Colombo on…
Creating an environment conducive to SME growth is integral to achieve economic growth in Sri Lanka – ADB
The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka…
Sri Lanka receives financial aid from many agencies to improve health sector
Global lenders World Bank and Asian Development Bank and Japan International Cooperation Agency (JICA) have granted financial assistance to improve…