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Tag: ADB

Govt. gets aggressive on ports as pivot
Business Main Story

Govt. gets aggressive on ports as pivot

10/07/20183 min read

By Nisthar Cassim Hot on the heels of concluding the landmark revamp of Hambantota Port, the Government is unleashing a slew of initiatives to develop

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ADB grants Sri Lanka USD 9.5 million to support women-led SMEs
Business

ADB grants Sri Lanka USD 9.5 million to support women-led SMEs

09/07/20182 min read

The Asian Development Bank (ADB) has granted USD 9.5 million through the Women Entrepreneurs Finance Initiative (We – Fi) to support the ongoing Small and

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National Electricity Grid Control Center set up to control power generation island wide
LOCAL

National Electricity Grid Control Center set up to control power generation island wide

17/05/20182 min read

Sri Lankan President Maithripala Sirisena Wednesday declared open the new National Electricity Grid Control Center of Ceylon Electricity Board (CEB) in Sri Jayewardenepura, which is

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ADB approves US$ 100 million additional funding to enhance job skills in Sri Lanka
Business

ADB approves US$ 100 million additional funding to enhance job skills in Sri Lanka

14/05/20183 min read

The Asian Development Bank (ADB) and the Government of Sri Lanka on Friday signed a US$100 million loan agreement as additional financing for the government’s

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New loan scheme to motivate women entrepreneurs to start SMEs
Business

New loan scheme to motivate women entrepreneurs to start SMEs

14/05/20182 min read

Taking into consideration the importance of motivating women entrepreneurs, a proposal has been made to implement a loan scheme known as ‘Women Entrepreneurship Finance Initiative

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Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB
Business

Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB

13/04/20182 min read

The Asian Development Bank (ADB) says Sri Lanka’s economic growth over the next two years will depend on agriculture and the political climate and forecasts

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Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
Business

Asia will grow at 6-pct in 2018, Trade risk warnings: ADB

12/04/20181 min read

The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per cent, citing solid export demand,

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ADB proposes Sri Lanka economic corridors to address regional imbalances
Business

ADB proposes Sri Lanka economic corridors to address regional imbalances

09/04/20183 min read

Asian Development Bank (ADB) has proposed an economic corridor to help correct regional imbalances in Sri Lanka, linking Colombo on the west coast with Trincomalee

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Creating an environment conducive to SME growth is integral to achieve economic growth in Sri Lanka – ADB
Business

Creating an environment conducive to SME growth is integral to achieve economic growth in Sri Lanka – ADB

14/03/20181 min read

The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka achieving equitable economic growth, a

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Sri Lanka receives financial aid from many agencies to improve health sector
LOCAL

Sri Lanka receives financial aid from many agencies to improve health sector

13/03/20182 min read

Global lenders World Bank and Asian Development Bank and Japan International Cooperation Agency (JICA) have granted financial assistance to improve Sri Lanka’s health sector, according

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