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Sri Lanka targets US$ 2.5 Bn Foreign Direct Investments (FDI) this year

The highest foreign direct investment in the history of Sri Lanka has been recorded during the year 2017, according to the Finance Ministry. The foreign direct investments received by the country during 2017 is around US$ 1.9 billion (Rs. 290 billion), a four-fold increase from 2016. The first tranche of US$ 300 million granted for the lease of the...

15 People including 12 Lankans injured in Swiss road accident

Fifteen people including 12 Sri Lankans were injured when a bus carrying a group of Sri Lankan tourists crashed with two trucks on a Swiss highway near Zurich on Wednesday, the Channel News Asia reports said. The tourist bus carrying 40 passengers collided with two trucks near the Winterthur-Wulflingen exit on a motorway not far from the northern city of...

Main concern is achieving a sustainable future for Sri Lanka – President

Sustainability is a term in the development terminology. Therefore, every Government focuses on it. Achieving a Sustainable future is as in many other countries, a main concern of the Government of Sri Lanka, said President Maithripala Sirisena intervening in the Commonwealth Heads of Government Meeting Session, yesterday (19th). Extending our support to the Clean Ocean Alliance, proposed by the United...

Prime Minister commissions 2nd Advanced Offshore Patrol Vessel of Sri Lanka Navy

The second Advanced Offshore Patrol Vessel (AOPV) of Sri Lanka Navy, built at the Indian shipbuilding facility - Goa Shipyard Ltd (GSL) received its graceful commissioning from the Prime Minister of Sri Lanka, Hon. Ranil Wickremesinghe at the Eastern Container Terminal of the port of Colombo yesterday (19 April 2018) at 5.30 p.m. Upon the arrival of the Prime Minister,...

Electronic Meters for three-wheelers will be mandatory from today

The legal requirement is implemented under the direction of Transport and Civil Aviation Minister Nimal Siripala de Silva to ensure a quality transport service to the public. He said that under this measure three-wheeler drivers are required to issue a receipt to their customers for the fee charged for each trip. National Council for Road Safety Dr. Sisira Kodagoda said...

Instead of 1st May -07th of May declared public & bank holiday

The public and bank holiday which had been assigned to May 1, 2018 has been cancelled while May 7 (Monday) has been declared a public and bank holiday instead.The Government Information Department, issuing a statement today, said that the public and bank holiday which was designated for May 1 (Tuesday) to mark International Workers’ Day was cancelled in view...

Court orders Airline to pay Rs. 2 m damage for a Baggage delay

The Commercial High Court issued an order to Kuwait Airways to pay Rs. 2,000,000 as compensation for a baggage delay. Colombo Commercial High Court Judge Mahinda Samayawardana issued this order granting compensation to two lawyers, Mahinda Jayawardana and his spouse, for the immense hardships they suffered during a trip to Egypt in 2010 due to the alleged negligence on...

Interpol issues ‘Red Notice’ for Arjuna Mahendran

Interpol has issued ‘Red Notice’ for former Central Bank Governor Arjuna Mahendran in connection with the investigations being carried out by the CID on the central bank treasury bond scam. He stated that the red notice will be in effect in all countries and not just in a particular region. On March 29, the Colombo Fort Magistrate’s Court re-issued an...

Increase in accidents reported during New Year days

Sri Lanka's main government hospital, Colombo National Hospital has admitted more accident victims this year compared to last year during the New Year celebrations, a hospital official said. During the past four days, over 600 people have received emergency treatment due to various accidents and around 50 people have died due to road accidents in Sri Lanka, according to...

DECISIONS TAKEN BY THE CABINET OF MINISTERS AT ITS MEETING HELD ON 10.04.2018

1. Improving Facilities in Identified Hospitals (Document No. 07) Proponent :- Prime Minister Ranil Wickremesinghe, in his capacity as the Minister of National Policies and Economic Affairs Description :- Although Cabinet of Ministers has already approved a project for improving the facilities in identified Hospitals, loan facilities could not be obtained from EXIM Bank of China as planned. Considering the importance...
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