BUSINESS

Tourism Ministry launches ‘Travel Card as a prelude to promotion campaign

The Ministry of Tourism has launched a ‘Travel Card’ in an initiative to further promote Sri Lanka’s tourism industry as a prelude to the much-awaited tourism promotion campaign focusing on nine key markets in May this year.

IMF MD says 25 percent of low income countries are with high risk “default-like”debts

The stage is set for ceremonial opening of the Global Sovereign Debt tomorrow Friday 25 on the sidelines of the G-20 finance track, and will bring in key stakeholders to discuss issues that have been impeding a timely debt restructuring process, a top official of the International Monetary Fund said.

Sri Lanka goes with wind power with India’s Adani Group in a bigway

Sri Lanka is to tap wind power in the North in a bigway following the approval given by the Board of Investment of Sri Lanka (BOI) has issued a letter of approval to India’s Adani Green Energy Limited for the two wind power plants to be set up in Mannar and Pooneryn at a total investment of US$ 442 million.

SL Airlines extends wings to Asia-Pacific to earn much needed dollars more

Economic crisis,need to generate foreign currency income and US$ 175 million sovereign bond default like the sword of Damocles hanging over the head in a thread over which the state-owned SriLankan Airlines (SL) is restructuring and expanding its network to strong markets.

Govt to pay back multilateral loans of WB, ADB and donor countries

Sri Lanka takes every possible measure in paying back multilateral loans obtained via WB, ADB and bilateral partners Cabinet Co-Spokesman and Minister Bandula Gunawardena disclosed yesterday.

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