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Sinhala

BOI attracts US$ 608 million in foreign investments in 2024

  • CNL Reporter
  • January 3, 2025
  • Investment
  • BOI attracts US$ 608 million in foreign investments in 2024
  • 0 Comments

Sri Lanka’s Board of Investment (BOI) signed 74 projects in 2024, with an estimated investment of US $ 608 million, with the second half of the year showing slow growth, the Finance Ministry said.

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S. Korea funds Rs. 2.4 Bn project to boost tourism in Sigiriya

  • CNL Reporter
  • December 29, 2024
  • Investment
  • S. Korea funds Rs. 2.4 Bn project to boost tourism in Sigiriya
  • 0 Comments

The Korea International Cooperation Agency (KOICA) has proposed a special initiative to enhance conservation efforts at Sigiriya, a UNESCO World Heritage site, and boost its tourism attraction.

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Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation

  • CNL Reporter
  • December 28, 2024
  • Investment
  • Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation
  • 0 Comments

A Ministry of Digital Economy could drive the expansion of e-governance, enabling citizens to access essential services like tax payments, business registrations, and public procurement online

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Adani exploring ways to sell Bangladesh-bound power to Sri Lanka

  • CNL Reporter
  • December 24, 2024
  • Investment
  • Adani exploring ways to sell Bangladesh-bound power to Sri Lanka
  • 0 Comments

Adani Power is exploring ways to sell the Bangladesh-bound power, produced at the Godda plant in India’s Jharkhand state, to neighbouring countries such as Sri Lanka.

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India to supply LNG for Sri Lanka’s power plants

  • CNL Reporter
  • December 17, 2024
  • Investment
  • India to supply LNG for Sri Lanka’s power plants
  • 0 Comments

India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the power grids of the two countries as well as lay a petroleum pipeline between the neighbours,

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UN continues to provide technical and financial support for Sri Lanka

  • CNL Reporter
  • December 16, 2024
  • Investment
  • UN continues to provide technical and financial support for Sri Lanka
  • 0 Comments

Marc-Andre, the Resident Representative of the United Nations to Sri Lanka, assured that the United Nations will continue to provide technical and financial support for Sri Lanka’s development.

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Kandyan Kings’Palace Reopens with US-Supported Renovation

  • CNL Reporter
  • December 12, 2024
  • Investment
  • Kandyan Kings’Palace Reopens with US-Supported Renovation
  • 0 Comments

The Old Kandyan Kings’ Palace and Archaeology Museum, nestled within Sri Lanka’s sacred Temple of the Tooth Relic complex,

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Govt Proceeds with India’s Diesel Locomotive Grant Secured by Previous Regime

  • CNL Reporter
  • December 12, 2024
  • Investment
  • Govt Proceeds with India’s Diesel Locomotive Grant Secured by Previous Regime
  • 0 Comments

Behind the News Sri Lanka Railways (SLR) is set to receive 22 ALCO diesel engines from India as part of a generous grant aimed at addressing the country’s pressing transportation needs.

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Foreign investments encouraged in the mineral sector despite controversies

  • CNL Reporter
  • November 27, 2024
  • Investment
  • Foreign investments encouraged in the mineral sector despite controversies
  • 0 Comments

Sri Lanka is promulgating new laws and initiatives in the hope of securing up to 10 foreign investments in mining with a view to increasing transparency and deriving greater value from the country’s mineral resources.

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Korea extends $ 10.2 m grant for integrated solid waste management project

  • CNL Reporter
  • November 9, 2024
  • Investment
  • Korea, solid waste
  • 0 Comments

A new project aimed at establishing an integrated solid waste management system in the Uva and Northern Provinces is to be inaugurated. The Cabinet of Ministers on Monday approvedthis project

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