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Sri Lanka and South Africa to recalibrate its trade and investment strategy
South African President Cyril Ramaphosa arrived in Sri Lanka for a short visit yesterday (16) after attending the G20 Summit. He met with President Ranil Wickremesinghe at the Katunayake Air Force base for discussions on bilateral issues.
Sri Lanka opts for US$ 1 Bn “debt-for-nature” swap deal
Sri Lanka is in talks for a “debt-for-nature” swap deal of up to US$1 billion in climate-focused finance, a kind of agreement discussed at the United Nations COP27 summit in Egypt, informed Finance Ministry sources revealed.
Sri Lanka to set up a new agro-technology university
The government is collaborating with the Californian university system to obtain assistance to modernize agriculture in Sri Lanka and to set up a new agro-technology university, said Sri Lankan President Ranil Wickremesinghe.
90 Sri Lankan house maids became victims of human trafficking in Oman
In the wake of over 90 Sri Lankan women smuggled to Oman by several employment agencies, the officer attached to the Sri Lankan Embassy in Oman who was alleged to have committed human trafficking in Oman has been interdicted and will be brought to Sri Lanka for investigations, official source said
ComBank engrosses with Sri Lankans in Singapore to promote business
The Commercial Bank of Ceylon’s continuing effort to stimulate remittances from Sri Lankans living and working overseas recently focused on Singapore, which has a significant Sri Lankan migrant population.