Day: May 14, 2018

China approves USD 1 billion loan for Central Expressway

Chinese Ambassador in Colombo Cheng Xueyuan has informed Prime Minister Ranil Wickremesinghe that the Chinese government has approved USD 1 billion as funding for the phase one of the Central Expressway project.

Rice imports fallen to 23.5 million US dollars in February

Rice imports fell 34.4 percent to 23.5 million US dollars in February 2018 from a year earlier, as harvest came in and domestic prices eased, official data showed. Sri Lanka’s rice imports surged from the second quarter of 2017 as the government cut import duties when a drought slashed the industry.

New state media heads appointed

Mass Media Minister Mangala Samaraweera today appointed four Chairmen to state media institutions with immediate effect.

Rulers, officials should refrain from corruption

If Sri Lanka‚Äôs economy is to develop to the level expected, measures should be taken to keep corruption out of State institutions, former Defence Secretary and the Chairman of the “Viyath Maga” Organisation Gotabaya Rajapaksa said yesterday.

Iran-Sri Lanka leaders meet

President Maithripala Sirisena who is on a two day state visit to Iran met with President Hassan Rouhani of Iran yesterday (13).