EARNINGS FROM RECYCLED WASTE
Megapolis and Western Development Minister Patali Champika Ranawaka stated that the government earned Rs. 300 million by recycling garbage over the last six months by producing compost fertiliser from the garbage in Colombo
ICRC LAUDS POSTWAR SRI LANKA
The International Committee of the Red Cross (ICRC) commended Sri Lanka’s postwar peace building and reconciliation efforts in a meeting between Permanent Representative of Sri Lanka to the UN in Geneva Ambassador A. L. A. Azeez and President
HEALTH SYSTEM TO BE UPGRADED
Minister of Health, Nutrition and Indigenous Medicine, and cabinet spokesman Dr. Rajitha Senaratne recently reaffirmed the Government of Sri Lanka’s commitment to preserving universal health coverage
TEA EXPORT EARNINGS UP IN 2018
An Asia Siyaka tea market report reveals that Sri Lanka earned US$ 478 million in the first four month of 2018 – a seven percent increase from 458.2 million dollars in 2017
SECOND TRANCHE OF ADB LOAN
A US$ 210 million loan agreement was signed between the Asian Development Bank (ADB) and the Government of Sri Lanka to assist Sri Lanka
IRAN TO BUILD NEW OIL REFINERY
Minister of Health, Nutrition and Indigenous Medicine and cabinet spokesman Dr. Rajitha Senaratne revealed that Iran has agreed
SRI LANKA AND RWANDA SIGN MOU
An MOU on defence issues was signed recently during a bilateral meeting between Sri Lankan and Rwandan defence officials.
TRADE CONCERNS TO BE ADDRESSED
Prime Minister Ranil Wickremesinghe assured representatives of the Institution of Engineers Sri Lanka and the Sri Lanka
CHINA TO INVEST IN AGRICULTURE
Minister of Agriculture Mahinda Amaraweera revealed that Chinese investors were interested in expanding investments in Sri Lanka’s agriculture sector. He made this statement following
ADB AGREEMENT TO DEVELOP SKILLS
The Asian Development Bank (ABD) and Government of Sri Lanka signed a US$ 100 million loan agreement to provide additional finance towards the government’s efforts to develop skills to meet labour demands
LOAN SCHEMES FOR ENTREPRENEURS
Minister of Finance and Mass Media Mangala Samaraweera stated that it is time to revive the “entrepreneurial potential of Sri Lankans” and that the government is in the process of
CENTRAL BANK TO MAINTAIN STANCE
With the release of the Central Bank of Sri Lanka’s (CBSL) monetary policy review, the Monetary Board of CBSL stated that based on current developments and the outlook for key macroeconomic variables
TOURISM TARGETS CHINESE VISITORS
Sri Lanka Tourism has partnered with Chinese tour operator Yingke Travel and Sri Lankan tour operator Green Leaves Leisure to promote Sri Lanka as a destination for Chinese travellers
GOVERNMENT DEBT DECLINED: CBSL
The 2017 annual report of the Central Bank of Sri Lanka (CBSL) reveals that the central government’s debt as a percentage of GDP declined to 77.6 percent by the end of 2017 from 78.8 percent in the previous year
CONCERN OVER RUBBER PRODUCTION
Minister of Plantation Industries Navin Dissanayake stated that the rubber industry provided benefits to society in the form of economic and social development created by value chain activities, as well as countless products
ADB ANNUAL LOANS SET TO INCREASE
The Asian Development Bank’s (ADB) annual lending to Sri Lanka is expected to increase to 800 million dollars this year as a result of growth in capital for the organisation, according to ADB Director
NONPROLIFERATION ENCOURAGED
Sri Lanka’s Permanent Representative to the UN in Geneva Ambassador A. L. A. Azeez highlighted the importance of the Nuclear Non-Proliferation Treaty (NPT) as it calls for a balanced and nondiscriminatory approach to building international peace and security through nuclear nonproliferation and disarmament.
SRI LANKA-VIETNAM COOPERATION
Vietnam and Sri Lanka reached an agreement to promote cooperation between the two countries particularly among lawmaking bodies to share information and experience in parliamentary activities, lawmaking and supervision
SOUTH ASIA TARGETS SANITATION
At the conclusion of the 7th South Asian Conference on Sanitation (SACOSAN), the heads of delegations from Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka declared their commitment to improving sanitation in the region
INFLATION DECLINES IN APRIL: DCS
The Department of Census and Statistics (DCS) reported that inflation in Sri Lanka – as measured by the change in the Colombo Consumers’ Price Index (CCPI) – declined to 3.8 percent in April from 4.2 in the previous month
