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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Sri Lanka’s main stock index in the Colombo Stock Exchange has seen more than 35 percent growth and the daily turnover has more than doubled since the presidential election and analysts cites the return of confidence as the key reason.
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Pacific Asia Travel Association (PATA) CEO Noor Ahmad last Friday said Sri Lanka’s tourism sector is charting a path towards prosperity and growth, whilst praising its unique offerings and need for innovation and collaboration.
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The authority to borrow and issue debt securities, both domestically and internationally, in local or foreign currency on behalf of the Government of Sri Lanka, has been delegated to the Secretary of the Treasury.
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Despite Elon Musk’s Starlink, the satellite unit of SpaceX, being granted licence to operate in Sri Lanka, the organization is yet to apply for the import of devices to be used in connecting to the service, a top source said.
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North Western and Central provinces accounted for 10.9% and 10.3%, respectively
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News of the Week
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Behind the News
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Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe has met with the World Bank’s Country Manager,
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The government has announced its decision to extend the period for rice importation until January 10, 2025, with the final agreement expected to be confirmed at the Cabinet meeting scheduled for Monday (23).
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