The Petroleum Resources Development Secretariat (PRDS) of Sri Lanka has reportedly reopened tenders for the M2 off-shore block in the Mannar Basin for fossil fuel development and discovery in January.
The Colombo Stock Exchange (CSE) of Sri Lanka has reportedly signed an agreement with the South Pacific Stock Exchange (SPSE) based in Fiji to collaborate on market development.
The governments of Sri Lanka and Philippines have further strengthened bilateral relations between the two countries by signing five Memoranda of Understanding
The government of Sri Lanka and the Asian Development Bank (ADB) has signed three loan agreements totaling US$ 455 million for projects in higher education and transport as well as a technical assistance loan in the urban sector.
Sri Lanka’s Minister for Economic Reform Harsha de Silva has said that the officials from the Sri Lankan government has had talks with the US Millennium Challenge Corporation (MCC) to resume a grant that was halted during a political crisis that took place end of last year.