Day: January 12, 2019

Australian cannabis producer expands into Sri Lanka

Australian cannabis producer Creso Pharma has expanded into the Sri Lankan market by signing a binding letter of intent with distributor Ceyoka Health.

Increase in number of Sri Lankan housemaids in Gulf

The number of workers leaving Sri Lanka to take up jobs as housemaids in Gulf Cooperation Council (GCC) countries and the Far East has soared by more than 16 percent in the past year.

New programme for sports development

Minister of Sports Harin Fernando says a new programme will be executed in future for the development of sports.

Pakistan, Sri Lanka FTA discussed

The Consul General of Sri Lanka in Karachi G.L Gnanatheva visited the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) to meet Dr. Mirza Ikhtiar Baig, Senior Vice President, FPCCI and discussed the bilateral trade, investment and potential of the Free Trade Agreement between Pakistan and Sri Lanka.

Sri Lanka to use reserves to repay $1 billion loan

Sri Lanka has arranged $1 billion to repay a five-year sovereign bond maturing next week partly from its declining reserves, sources from both the central bank and finance ministry said on Friday.