State Finance Minister Eran Wickramaratne assumes duty

The newly appointed State Minister of Finance Eran Wickramaratne assumed his duties at the Ministry of Finance Thursday Morning. Secretary to the Ministry of Finance Dr. R.H.S. Samarathunga, Deputy Secretary to Treasury, G.D.C. Ekanayaka and the Additional Secretary to the Ministry R. Semasinghe were Present.

Sri Lanka flood levels begin to reduce, more rain expected

Jun 01, 2017 (LBO) – Sri Lanka’s national disaster management officials have reported that water levels are beginning to recede along the major river basins, the Office of the UN Resident Coordinator said in a flood situation update. However, access to remote villages remains a significant challenge. With forecast of more rains in the coming […]

Sri Lanka to obtain USD200mn loan from Pakistan

Jun 01, 2017 (LBO) – Sri Lanka’s cabinet has approved obtaining of a loan worth 200 million dollars from Pakistan for the financing of priority development projects. The loan will be utilized for housing construction, development of livestock, importing equipment required for agriculture and dairy production, and development of the Industrial Technology Institute. Former Finance […]

Sri Lanka reinsures natural disasters with Renaissance Singapore

May 31, 2017 (LBO) – Sri Lanka has selected Renaissance Reinsurance Singapore as the lead reinsurer of the national natural disaster and emergency relief insurance scheme for the year 2017/18. This cover was introduced last year for natural disasters covering the whole country, and payment of claims have been expanded to include a range of […]

Govt opens accounts to facilitate cash donations for disaster victims

Finance Ministry Press Release: As inquiries are being received from the local and foreign donors to contribute in cash to the recent natural disaster relief activities, the government has opened special bank accounts to facilitate such cash donations. Those who are willing to make their donations in foreign currencies are kindly requested to remit their […]

Four Sri Lanka state ministers, three deputy ministers take oaths

May 31, 2017 (LBO) – Several state ministers and deputy ministers took oaths before Sri Lanka’s President Maithripala Sirisena on Wednesday. The appointments are: Eran Wickremaratne – State Minister of Finance Lakshman Yapa Abeywardena – State Minister of Public Enterprise Palitha Rangebandara – State Minister of Irrigation Wasantha Senanayake – State Minister of Foreign Affairs […]

Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management

Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management (PRESS RELEASE) – Initiative Eliminates Garbage Dumps in Agarapathana Region Together With Authorities and Local Community The Arunella Waste Management project spearheaded by Unilever Sri Lanka’s CeyteaFactory in Agarapathanarecently achieved the complete elimination of waste being dumped in and around the KothmalaOya in the surrounding towns of […]

Australia provides Rs57mn humanitarian assistance to Sri Lanka

Australia’s Foreign Minister the Hon Julie Bishop MP has announced that the Australian Government will provide urgent humanitarian assistance to Sri Lanka to assist those dealing with the devastating floods and landslides. Responding to a request from the Sri Lankan Government, Australia will provide LKR 57 million (A$500,000) to meet urgent needs, including the deployment […]

SriLankan expands network to Myanmar from June

SriLankan Airlines will expand its network to Yangon, capital of Myanmar, from 1st June 2017, with the commencement of a codeshare partnership with Myanmar Airways International (MAI), one of Myanmar’s best-known airlines. SriLankan will codeshare on flights operated by MAI between Bangkok and Yangon; and also Singapore and Yangon; while MAI will codeshare on flights […]

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