NEWS WEEK

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

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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…

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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

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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…

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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…

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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,…

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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…

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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

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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…

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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…

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