Sri Lanka receives another 1,000 tons of rice from China for drought victims
Sri Lanka on Monday has received the second consignment of 1,000 tons of rice from China, to be distributed to…
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Govt. hands over Hambantota Port reins to China Merchant Group
By Ashwin Hemmathagama – Our Lobby Correspondent The ceremonial handover of the Magampura Mahinda Rajapaksa Port took place on Saturday…
Sri Lanka to sign share ownership agreement with China on Hambantota Port on December 9
The government of Sri Lanka has received the approval of the cabinet of Ministers to sign the agreement of share…
Sri Lanka to establish a 400 MW Natural Gas Power Plant in Hambantota
Considering the importance of introducing Liquefied Natural Gas (LNG) as a source of energy to Sri Lanka, the Government has…
SL gaining from improving global economy: CB Chief
Revival of major economies results in good export earnings for SL in past five months Insists firms stand to gain from China’s massive capital…
Sri Lanka President inaugurates construction of largest kidney hospital in Asia with Chinese aid
Maithripala Sirisena Wednesday laid the foundation stone for the National Nephrology Specialized Hospital in Polonnaruwa. The largest kidney hospital in…
H’tota Port tax cuts before Cabinet
Gazette outlining tax concessions to be presented to Cabinet today Parliamentary debate on tax concessions for H’tota Port expected Friday…
Govt. brews Rs. 12 b in loans to boost tea
Talks with two Japanese banks on obtaining low-interest loans to modernise tea factories, uplift tea smallholders Rs. 12 billion in…
Sri Lanka Speaker lauds China’s ‘One Belt One Road’ initiative
Sri Lanka’s Speaker of Parliament Karu Jayasuriya commending China’s ‘One Belt One Road’ initiative said the modern day development project…
Sri Lanka has potential to be regional hub with more FDIs – ADB
Sri Lanka has the potential to grow into a regional hub with more Foreign Direct Investments (FDIs) from other countries…