The new national policy for its maritime and logistics sectors of the Sri Lankan government has reportedly recommended several measures to encourage ship financing such as removing single borrower credit limits.
The Agriculture Department of Sri Lanka has reportedly stated that it expected the country to produce 2.85 million tonnes of paddy (rough rice) in the current Maha major cultivation season,
The World Bank Vice President for the South Asia Region Hartwig Schafer has arrived in Sri Lanka on his first visit to the country to gain a better understanding of its development priorities and how the Bank can continue to support its critical reform agenda.
The government of Sri Lanka has reportedly decided to award the tender to set up two 300MW LNG plants in Kerawalapitiya.
The government of Sri Lanka has announced that Cleveland Bridge UK has won a 37.5 million Euro deal to build bridges in rural Sri Lanka.