Latest Sri Lanka News
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Workers choose homelessness over abuse in Saudi Arabia
Saudia Arabia has long been a beacon of hope for many Sri Lankans who flock there to pursue a higher salary and a better life than they would otherwise get at ...
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Dont dilute autonomy India tells Sri Lanka
New Delhi, May 17 (IANS) India has told Sri Lanka not to dilute the autonomous powers granted to its Tamil-majority northern province ahead of provincial elections, official sources said Friday. External Affairs Minister Salman Khurshid also sought the early release of 31 Indian fishermen detained in Sri Lanka. Khurshid made the observations during a telephonic discussion with his Sri Lankan ...
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Sri Lanka to open largest mall in tandem with tourism growth
A Sri Lankan company is planning to build the largest mall in the post-war country, in an effort to cash in on a booming tourist industry, it said in a statement here on Friday.The Abans Group in collaboration with Silver Needle Hospitality has signed an agreement with AEDAS, an internationally reputed award winning architectural firm, to lead the design for their proposed 100 million US dollar ...
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India asks Sri Lanka not to take any step regarding provincial powers
Concerned over reports of Sri Lankan government considering removal of land and police powers from the provinces prior to the elections in the Northern Province, India today asked it not to take any step against their own commitments relating to the 13th ...
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India’s investments in Sri Lanka reach $1 billion mark
Indian companies have invested nearly $1 billion in Sri Lanka since 2003 and this figure could rise above $2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has ...
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Indias investments in SL topped 1 bln USD
Colombo, May 17 (PTI) Indian companies have invested nearly USD 1 billion in Sri Lanka since 2003 and this figure could rise above USD 2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has ...
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Businessman kidnapped in Piliyandala
A businessman has reportedly been kidnapped from the Siddamulla area in Piliyandala by an unknown group. The kidnap ...
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Indias investments in Sri Lanka topped US$1 bln since 2003
Indian companies have invested nearly USD 1 billion in Sri Lanka since 2003 and this figure could rise above USD 2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has said. With investment inflows of USD 160 million in 2012, nearly USD 2 billion worth of FDI had been committed by Indian companies for the next five years or so, he added. Addressing a trade gathering ...
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Sri Lanka 1998 plane crash victim still alive
A Sri Lankan woman thought to be dead in the passenger airline that disappeared in 1998 has been found to be alive. It turned out that the woman was not a passenger but her national identity card was being carried by somebody else. Gunamani Balasubramaniam, a Jaffna resident, was believed to be among the 48 passengers of the Lion Air plane which crashed into the northern seas as a result of ...
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Money matters India invested over 1 bn USD since 2003
invested nearly USD 1 billion in Sri Lanka since 2003 and this figure could rise above USD 2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has ...
Sri Lankan Focus
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Sri Lanka sees major tourism industry investment
Sri Lanka’s tourism industry, especially the cruising scene, is getting back on its feet following the war, with significant interest being shown by major cruise lines wanting to schedule Sri Lankan ports on Indian Ocean Cruises, while the local yachting scene is seeing exciting growth and a local cruise industry may be emerging from infancy.
Sri Lanka, following the long and devastating civil war, which lasted around two and a half decades, is now making renewed attempts to redevelop its tourist industry. The industry is extremely import to the economy of Sri Lanka and is a vital part of the country’s access to foreign currency reserves, but saw marked declines in tourist arrivals during periods in which the ongoing civil war was perceived to be increasing in intensity and violence. Read more
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