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Minister Semasinghe to seek more ADB assistance

Sri Lanka, May 3 -- Tbilisi: Disbursements and funding of the Asian Development Bank (ADB) is very important for Sri Lanka to bridge the finance gap, State Minister of Finance Shehan Semasinghe told D... Read More


State Minister of Finance Shehan Semasinghe to address business sessions

Sri Lanka, May 2 -- The 57th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) will be held in Georgia, from May 2-5, 2024. State Minister of Finance Shehan Semasinghe will... Read More


Developing Asia to grow at 5% - ADB President Asakawa

Sri Lanka, April 29 -- In the full ADB Insight episode, a curtain raiser to the 2024 ADB Annual Meeting held on Friday ADB President Masatsugu Asakawa, European Bank for Reconstruction and Development... Read More


ADB Board meets from May 2-5

Sri Lanka, April 28 -- The Asian Development Bank will hold the 57th Annual Meeting of the Board of Governors from May 2-5 in Tbilisi, Georgia. The meeting will be jointly organised with the Governme... Read More


PBSS to diversify into leisure, education with over Rs. 200 mn startup investment

Sri Lanka, April 26 -- The PBSS Group plans to diversify its operations by setting up its education wing PBSS Academy (Pvt) Ltd with a startup investment of over Rs 200 million, Dr. Madura Gamanyake, ... Read More


ADB Sri Lanka Country Partnership Strategy 2024-2028 launched

Sri Lanka, April 4 -- The Asian Development Bank (ADB) intends to bring Sri Lanka to a more competitive level through the ADB Sri Lanka Country Partnership, Takafumi Kadono, Country Director, Sri Lank... Read More


Hatton Plantations goes high tech, empowers women

Sri Lanka, April 2 -- Hatton Plantations is set to revolutionize its activities bringing in new digital technologies and empowering its workforce Hatton Plantations PLC, General Manager Waruna Fernand... Read More


Intrepid targets over 15,000 Australian tourists to SL by 2030

Sri Lanka, March 28 -- The Chairman and Co-Founder Intrepid, Darrell Wade of the world's largest adventure travel company and a leader in responsible tourism made a special visit to Sri Lanka to highl... Read More


SL must fully implement IMF package - US Ambassador

Sri Lanka, March 8 -- The recent IMF package offered to Sri Lanka is the 17th in Sri Lanka's history and must be the last and if Sri Lanka can stay true to the principles of transparency and competiti... Read More


Removal of SVAT sans alternative will cause cash flow constraints

Sri Lanka, March 8 -- Exporters would be faced with cash flow constraints due to delay in obtaining VAT refunds if the proposal to remove SVAT from April 2025 is implemented without a proper mechanism... Read More