The government of Sri Lanka plans to obtain financial assistance from world lenders to strengthen the state institutions dealing with state fiscal management. The World Bank and the European Union have agreed to provide a loan of US 60 million and a grant of US$10 million respectively for capacity building...
  Friday, 06 April 2018 - 11:13 Fertilizer subsidy effective from midnight, tonight 23,671Views Minister of Agriculture Duminda Dissanayake says that fertilizer subsidy scheme will be effective from midnight today (Apr. 06). Accordingly, paddy fertilizer 50kg bag is priced at Rs. 500 from midnight today and other fertilizers are priced at Rs. 1500.    
  Friday, 06 April 2018 - 21:25 50,000 houses for low-income earners in Colombo Prime Minister Ranil Wickremesinghe says 50,000 housing units will be built for the benefit of low-income earners in Colombo. He said the shanties will be removed in the occupants will be given those new housing units. The PM said this...
Minister of agriculture Duminda Dissanayake has promised to provide fertiliser to farmers who cultivate paddy as well as other crops at a concessionary rate with effect from midnight tonight. Accordingly, Paddy Farmers will be able to purchase the fertliser at a cost of Rs 500 while farmers who grow other...
The prehistoric mariners rowed their canoe into a secluded channel and then onto the island's sandy beach, just above the high-tide mark. One person got out of the boat and stood for a moment, facing northwest. Others, including another barefoot adult and child, followed the leader and walked toward...
US President Donald Trump has instructed officials to consider a further $100bn (£71.3bn) of tariffs against China, in an escalation of a tense trade stand-off. These would be in addition to the $50bn worth of US tariffs already proposed on hundreds of Chinese imports. The proposal comes after China retaliated to...
 The Government of Sri Lanka approved loans to develop both the Kankesanthurai (KKS) Harbour and the northern section of the Colombo Port. For the reconstruction of the KKS harbour, a credit line agreement between the Export-Import Bank of India and the Sri Lankan Government was signed. Accordingly, a $ 45.17 million...
© Reuters. Sri Lanka stocks higher at close of trade; CSE All-Share up 0.47% Investing.com – Sri Lanka stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher. At the close in Colombo, the rose 0.47%. The best performers of the session on the...
National Carrier, SriLankan Airlines has incurred a loss of $ 100 million during the financial year ended in 31st of March 2018. This was disclosed during a media conference convened by the newly appointed Director Board in Colombo today (Apr. 05). Here, Chairman Ranjith Fernando said that the Director Board has...
Nine years after the end of the war, Sri Lanka is still working to address residual traces of conflict that linger in varying forms across the island, and concentrated in the Northern and Eastern provinces. These range from the intangible, in terms of persistent human rights issues that have gone...
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