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Three Indian cities among world’s 10 most polluted after Diwali
Two Indian cities joined New Delhi to be among the world’s worst 10 for pollution on Monday morning, with smoke heavy in the air a day after revellers let loose with firecrackers for Diwali - the annual Hindu festival of light.
The…
$150 million from World Bank to strengthen Sri Lanka’s financial sector
The World Bank’s Board of Executive Directors on Thursday (Nov. 09) approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector.
“Sri Lanka’s economic crisis highlights the need for strong safety…
Sri Lanka balances polls and crisis recovery in 2024 budget deliberations – report
Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’s second full-year budget on Monday, targeting a return to growth for the crisis-hit economy while keeping an eye on…
Sri Lanka, Argentina top list of most vulnerable economies – study
Sri Lanka and Argentina remain very vulnerable amid a worsening in global financial conditions while China has suffered a sharp deterioration in financial resilience since pre-COVID times, a think-tank study found on Wednesday.
The…
US DFC commits half billion dollars to port infrastructure in Colombo
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 deepawater shipping container terminal in the Port of Colombo, Sri Lanka, that…
Indrika Ratwatte appointed UN Deputy Special Representative, Resident Coordinator for Afghanistan
United Nations Secretary-General António Guterres announced on Tuesday (Nov. 07), the appointment of Indrika Ratwatte of Sri Lanka as his new Deputy Special Representative for Afghanistan with the United Nations Assistance Mission in…
U.S. International Development Finance Corporation CEO to visit Sri Lanka
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan will visit Colombo from November 7-8, 2023, the U.S. Embassy in Colombo said.
He will be in Sri Lanka to participate in a launch…
Nepal earthquake kills at least 128, toll could rise – officials say
At least 128 people were killed and dozens were injured in Nepal when a strong earthquake struck the western area of Jajarkot, officials said on Saturday, as houses in the area collapsed and buildings as far as New Delhi in neighbouring…
President holds bilateral talks with Indian Finance Minister, exchange bilateral documents
President Ranil Wickremesinghe has met with visiting Indian Finance Minister Nirmala Sitharaman and the Indian delegation.
The Head of State met Indian Finance Minister Nirmala Sitharaman, High Commissioner of India to Sri Lanka Gopal…
Sri Lanka – India vow to boost trade, investment as ETCA negotiations resume after 5 years
In a significant development that marks a milestone in Sri Lanka’s economic and technological journey, the 12th Round of Economic and Technology Cooperation Agreement (ETCA) negotiations between Sri Lanka and India took place from the 30th…