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Sri Lanka picks up US$ 80 mn to develop North and East
Sri Lanka picked up US$ 80 mn from the Asian Development Bank (ADB) as part of a second tranche to develop rehabilitation needs of nearly two million people affected in the North and East.Sri Lanka picked up US$ 80 mn from the Asian Development Bank (ADB) as part of a second tranche to develop rehabilitation […]
Aid Drip
The International Finance Corp.(IFC) is spearheading a US$ 10 mn technical assistant project to uplift Sri Lanka’s small and medium sector.The International Finance Corp. (IFC) is spearheading a US$ 10 mn technical assistant project to uplift Sri Lanka’s small and medium sector. The Washington based IFC has chipped in US$ 2 mn to start off […]
Clean Bin
The Urban Development Authority (UDA) says some 50 acres of water front property in Colombo will be released for commercial use by 2006 under the second phase of the Beira Lake restoration project.The Urban Development Authority (UDA) says some 50 acres of water front property in Colombo will be released for commercial use by 2006 […]
Sri Lanka in new statute crisis over jailing of MP
Sri Lanka was plunged Wednesday into a constitutional crisis over the jailing of a key opposition MP, prompting calls for parliament to assert its power over the judiciary.Sri Lanka was plunged Wednesday into a constitutional crisis over the jailing of a key opposition MP, prompting calls for parliament to assert its power over the judiciary. […]
Sri Lanka is counting on its migrant workers to remit extra funds for the festive season together with dollar inflows to ease its cash crunch this Christmas
Sri Lanka is counting on its migrant workers to remit extra funds for the festive season together with dollar inflows to ease its cash crunch this Christmas.Sri Lanka is counting on its migrant workers to remit extra funds for the festive season together with dollar inflows to ease its cash crunch this Christmas. The island […]
Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said
Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Central Bank’s policy rate is 9.00 per cent, but some banks […]
‘s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said
Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Central Bank’s policy rate is 9.00 per cent, but some banks […]
New Syllabus
Over thousand secondary schools will get a facelift through a US$ 35 mn Asian Development Bank loan, the Manila based bank said Monday. Over thousand secondary schools will get a facelift through a US$ 35 mn Asian Development Bank loan, the Manila based bank said Monday. The project upgrades 1,100 1AB and 1C schools, make […]
District Office
The Matale District Secretariat will take its business online in a pilot project, which hopes to automate its routine work.The Matale District Secretariat will take its business online in a pilot project, which hopes to automate its routine work. The Matele District Secretariat is one of 320 government agents providing a range of citizen services […]
Reading Easy
A local company broke the language barrier, developing a Sinhalese text recognition solution that interprets printed documents as text.A local company broke the language barrier, developing a Sinhalese text recognition solution that interprets printed documents as text. Developers, Sanje Lanka say the Sinhala Optical Character Recognition (OCR) system allows users to move away from saving […]
IMF May Resume Loan
The International Monetary Fund could resume discussions with the Sri Lankan government on stalled concessional loans soon, but the lender will want to see the government’s revised plan on reducing poverty first, a senior official said.The International Monetary Fund could resume discussions with the Sri Lankan government on stalled concessional loans soon, but the lender […]
Sri Lanka parliament in uproar after jailing of opposition MP
Sri Lanka’s Supreme Court Tuesday jailed former agriculture minister and leading opposition figure S.B. Dissanayake for contempt, sparking angry protests in the national parliament Sri Lanka’s Supreme Court Tuesday jailed former agriculture minister and leading opposition figure S.B. Dissanayake for contempt, sparking angry protests in the national parliament Dissanayake, who is also a legislator from […]