DFC Commits Half Billion Dollars to Port Infrastructure in Colombo, Sri Lanka

The U.S. International Development Finance Corporation (DFC) today announced it has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo, Sri Lanka, that will provide critical infrastructure for the South Asian region. The new terminal reflects DFC’s commitment to financing high-quality infrastructure […]

Sri Lanka, Bangladesh agreed to IMF to provide debt relief for Somalia

Feb 17, 2020 (LBO) – Sri Lanka and Bangladesh have reportedly agreed to provide debt relief for Somalia under the Heavily Indebted Poor Countries (HIPC) Initiative of the International Monetary fund (IMF). The Central Bank of Sri Lanka and the Ministry of Foreign Relations have expressed their concurrence to provide Sri Lanka’s contribution. buy chloroquine […]

Sri Lanka, a cautionary tale about over-reliance on China: OBG

Mar 02, 2018 (LBO) – Sri Lanka, perhaps, provides the most cautionary tale from their Asia-Pacific markets about over-reliance on China-backed infrastructure development, a research firm said. In a blog post about Asia-Pacific’s road to economic prosperity, Asia Regional Editor of Oxford Business Group, Patrick Cooke said Chinese acquisitions from other countries make emerging nations […]

ONYX Hospitality Group to launch Amari hotel in Colombo, Sri Lanka

Nov 20, 2017 (LBO) – Thailand’s ONYX Hospitality Group, a hotel management company will launch a brand-new Amari hotel in the Sri Lankan capital city of Colombo. online pharmacy buy strattera with best prices today in the USA online pharmacy buy abilify with best prices today in the USA buy lexapro online https://yourolddog.com/wp-content/uploads/2020/08/png/lexapro.html no prescription […]

Sri Lanka, S Korea to sign economic cooperation deal next month

Oct 20, 2017 (LBO) – Sri Lanka will sign an economic cooperation agreement with South Korea during the state visit of President Maithripala Sirisena, which is scheduled for next month, the government said. buy filitra online https://marjukarin.ee/wp-includes/SimplePie/Content/Type/php/filitra.html no prescription The economic cooperation agreement will cover the fields of investment partnership, trade relations, tourism promotion, and […]

PUCSL seeks public views on electric vehicle charging stations

Sept 13, 2017 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, said it is seeking public views on issues related to electric vehicle charging stations (EVCS) in order to identify and draft the required regulatory tools. The Government empowered PUCSL to establish a register of charging stations under CEB […]

Ministers cannot grant tax concessions under new Inland Revenue Act: Finance Minister

Sept 04, 2017 (LBO) – Discretionary powers vested in Sri Lankan ministers to grant tax concessions has been expunged under the new Inland Revenue Act, the finance minister said. Instead, eight new concessionary loan schemes will be launched in September for beneficiaries including entrepreneurs, small and medium scale industrialists, farmers and journalists, Minister of Finance […]

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