Day: December 1, 2017

Korea hikes bilateral concessional loans to Sri Lanka to US$ 500 million

Korea has increased bilateral concessional loans for Sri Lanka, from US$ 300 million to US$ 500 million, as the two countries celebrate 40 years of diplomatic relations.

Tropical storm kills at least seven in Sri Lanka

A tropical storm has killed at least seven people and left five fishermen missing in Sri Lanka, bringing down trees across main roads and on houses, officials said on Thursday, warning of landslides and flooding in severely hit areas.