Tag: SL Government
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Red Wings becomes the third Russian airline bringing visitors to Sri Lanka
Sri Lanka will see visitors from the Russian Federation resume their travel to the island nation once again, with efforts underway to increase flights between Russia and Colombo.
Govt. extends rural financing program for tea and rubber small holders
The Government is set to extend the Small Tea and Rubber Estate Restoration Project designed to assist the targeted smallholders to improve their food security with the assistance of the International Fund for Agricultural Development (IFAD).
Mattala International Airport records massive losses of over Rs 20 billion
Sri Lanka’s state-run Airport and Aviation Services Limited says the company’s Rs 1.6 billion loss up to June 2022 came from foreign exchange denominated loans and cost on borrowings for Mattala airport and the company is usually profitable.
Sri Lankan Airlines suspends its sovereign bond interest payments
The Sri Lankan Authorities relay the announcement by Sri Lankan Airlines Limited that it has launched consent solicitation to its holders of US$175 million sovereign guaranteed bond of the national carrier with 7 percent interest due in 2024.
France steps in to assist SL dairy development projects with private sector
France is ready to accelatreate Sri Lanka’s s dairy development projects with the active involvement of the private sector.