Category: Other
China approves USD1bn for 1st phase of Central Expressway construction
May 15, 2018 (LBO) – Chinese Government has approved 1 billion US dollars for the phase I of the Central Expressway construction and instructions have also been given to Chinese EXIM bank to process the loan, Prime Ministers Office said. Chinese Ambassador to Sri Lanka has met with Prime Minister Ranil Wickeremesinghe yesterday to break the […]
SL welcomes Panmunjom Declaration & looks forward to US-DPRK summit
Statement on the Inter-Korea Summit on 27 April 2018 Sri Lanka welcomes the Inter-Korea Summit between the leaders of the Republic of Korea and the Democratic People’s Republic of Korea on 27 April 2018 and the adoption of the Panmunjom Declaration for Peace, Prosperity and Unification of the Korean Peninsula. We look forward to the […]
Sri Lankan and U.S. doctors pioneer first robot-assisted surgery Onboard USNS Mercy
May 14, 2018 (LBO) – U.S. and Sri Lankan surgeons conducted the first ever robot-assisted surgery aboard the USNS Mercy on May 4. The joint team of multinational surgeons and medical professionals successfully completed a cholecystectomy, or gall bladder removal, on a Sri Lankan citizen using a Da Vinci XI Robot Surgical System. “This landmark surgery […]
Mastercard and SLTPB invite Indian travellers to discover the best of Sri Lanka
Discounts on Flights, Hotel Stays and Shoppingset to give Indians more reasons to visit Sri Lanka Mastercard and the Sri Lanka Tourism Promotions Bureau (SLTPB) are offering exciting opportunities for Indian travellers to avail the convenience of cashless payments and attractive discounts on dining,shopping and staying in Sri Lanka. This is part of their ongoing […]
Top Harvard Professor to speak at CCC’s Future of Business event
World renowned and leading academic in development economics, Professor Ricardo Hausmann will share his insights on innovation from a global perspective at the Ceylon Chamber’s ‘Future of Business, Innovation in Action Event’ this Thursday. Professor Hausmann is an acclaimed advisor to governments on improving competitiveness, and has helped countries diversify into more innovative and complex […]
15 finalists selected for Mother Daughter Fashion Designer Contest
The Chokolaate LiCC Mother Daughter Fashion Designer Contest organized by Sri Lanka’s premier teen magazine Chokolaate returns for the 9th consecutive year in partnership with LiCC Jeans on the 26th of May, 2018. The event this year will showcase designs created by fifteen talented designers. The finalists were chosen after the completion of the preliminary […]
‘s agricultural sector
May 10, 2018 (LBO) –The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka’s agriculture sector. The project “Support to the modernisation of the agriculture sector in Sri Lanka” will be implemented by Ecorys. A technical assistance team will assist the Government in making the agriculture sector more […]
Mahathir Mohamad, 92 will become worlds oldest PM
May 10, 2018 (LBO) – Former Malaysian leader Dr Mahathir Mohamad will become the world’s oldest prime minister after wining the recently held polls in the country, foreign media reports said. He defeated Najib Razak ending a long hold on power of the Barisan Nasional coalition, which has been in power in Malaysia since its birth […]
10 major bridges rehabilitated with concessionary loan from JICA
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Sri Lankan FDI flow into Singapore totaled USD150 Mn in 2014
Sri Lanka’s newest Free Trade partner in the world, itself a major economic hub, hinted its keen ambitions to leverage the Sri Lankan economic partnership as a springboard towards the rising South Asian market. “Many Singapore businesses see Sri Lanka as a gateway to South Asia” announced President of the Singapore Chinese Chamber of Commerce […]
Why Sri Lanka’s unsaturated real estate market works to its advantage
(PRESS RELEASE) Sri Lanka’s now-vibrant real estate market has developed greatly in recent years. Whilst the current growth trajectory has given way for many opportunities to continuously arise, the sector’s growthhas also seen alongside it the rise in property prices. Analysts project that the luxury homes segment could potentially be oversupplying the Sri Lankan market […]
Sri Lanka Fin Min addresses ADB annual sessions in Manila
Statement made by Hon. MangalaSamaraweera, Minister of Finance and Media of Sri Lanka at the Business Session of the Asian Development Bank’s 51st Annual Session in Manila 2018 Hon. Carlos G. Dominguwz, Chairman of the ADB Board of Governors, Hon. TakehikoNakao, Presidentof the ADB, Distinguished Governors, Ladies and Gentlemen, I thank you for giving me […]