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CTBThe Sri Lanka Transport Board (SLTB) has turned out to be a profit making body this year by recording a Rs.2 billion profit so far in 2017, Transport and Civil Aviation Deputy Minister Ashoka Abeysinghe said in Parliament on Saturday (25th Nov.).

Prime Ministers visit to India 2Indian Prime Minister Narendra Modi who held bilateral talks with Prime Minister Ranil Wickremesinghe yesterday informed the latter that India would like to have fast tracked the implementation of Indian joint ventures in Sri Lanka.

ADBThe Ministry of Finance and Mass Media yesterday (22nd Nov.) entered into two Loan Agreements with Asian Development Bank (ADB) to borrow USD 150 million for the development of 3400 km of rural roadways and USD 200 million for the implementation of 100 MW Wind Power Generation Project in Mannar Island.

 

 coconutsAs prices of coconuts soared due to drought fuelled supply shortage, Sri Lanka announced that it is sourcing a huge volume of coconuts not from international sellers but from domestic suppliers, to be sold to local consumer at a very low price tag.

japanJapan will continue to support Sri Lanka in its development programs and strengthen maritime security, says the Japanese State Minister for Foreign Affairs Kazuyuki Nakane.

usTo develop the dairy activities in Sri Lanka, the United States announced that a USD 21 million (LKR 3.15 billion) awarded by the U.S. Department of Agriculture’s Food for Progress program, to modernize and strengthen Sri Lanka’s dairy sector by increasing productivity and improving milk quality, financing, food safety, and trade.

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