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Sri Lanka’s first ever state owned and largest wind power plant was declared open by Prime Minister Mahinda Rajapaksa in Mannar today. The wind-power plant is owned by the Ceylon Electricity Board (CEB) and was constructed on a US$ 200 million loan from the Asian Development Bank (ADB). The project was launched by Prime Minister […] The post Sri Lanka's first state owned wind-power pla...
[…] The post Perks For Gota’s Personal Posse: Rs 400 Million To Move Ali Sabry’s Justice Ministry To WTC For 2 Years appeared first on Colombo Telegraph.
[…] The post Conspiracy Stories Are All Over; But Why Are They So Popular & Readily Accepted? appeared first on Colombo Telegraph.
COLOMBO (News1st): The government has decided to offer loans under concessionary interest rates for hotels to pay salaries of permanent employees, a senior official said. The loans would be offered using a USD 200 million dollar loan obtained from the Asian Development Bank, secretary to the ministry of tourism Siripala Hettiarachchi noted. Concessionary loans for hotels to pay salaries
[…] The post Unlocking The Potential Of MSMEs Essential To Sri Lanka’s Post-Covid Economic Recovery appeared first on Colombo Telegraph.
COLOMBO (News1st): Sri Lanka’s attorney general (AG) has informed the justice secretary that the extradition request of former central bank governor Arjuna Mahendran is pending a response from Singapore. AG Dappula de Livera had conveyed the information after sending a clarification note to his Singaporean counterpart, the AG’s coordinating officer State Counsel Nishara Jayaratne said...
COLOMBO (News1st): The Attorney General (AG) has provided a note of clarification to his Singaporean counterpart on the extradition request of former central bank governor Arjuna Mahendran. This was confirmed to News1st by State Counsel Nishara Jayaratne, the coordinating officer to AG Dappula de Livera. Mahendran is one of the main suspects wanted by the […] AG sends note to Singapore on M...
Attorney General (AG) Dapula de Livera has submitted a note of clarification to Singapore on the request to extradite former Central Bank Governor Arjun Mahendran. The note of clarification has been submitted to the Singapore Attorney General’s Office. Just this week Justice Minister Ali Sabry had said he had sought a report on former Central […] The post AG provides note of clarificat...
Attorney General Dappula de Livera has submitted a note of clarification to Singapore today (04), regarding the request to extradite former Central Bank Governor Arjuna Mahendran.
COLOMBO (News1st): The Central Bank failed to sell 14 percent of Treasury bills offered at its weekly auction on Wednesday, official data showed. Treasury bills worth Rs 34.3 billion were sold out of Rs 40 billion offered at the auction, while the total value of bids received stood at Rs 62.3 billion – 1.56 times of […] Weekly T-Bill Auction goes undersubscribed
Minister of Justice, President s Counsel Ali Sabry says he has sought a report from the Attorney General with regard to the extradition of former Central Bank Governor Arjuna Mahendran.
COLOMBO (News1st): Sri Lanka has signed an agreement to obtain a loan worth USD 400 million from the Asian Development Bank to uplift the secondary education sector in the country. “The loan was borrowed at an annual interest rate of 0.5 percent with a repayment period of 26 years including a five year grace period,” […] Sri Lanka obtains USD 400 mn loan from ADB for education p...
Justice Minister Ali Sabry says he has sought a report on former Central Bank Governor Arjun Mahendran. Sabry told Parliament today that he has sought the report from the Attorney General. “I was made to understand there are some developments on the matter,” he said. The Justice Minister was responding to a question raised in […] The post Justice Minister seeks report on Arjun Ma...
In an effort to provide potential home owners with specialised DFCC Home loan services, DFCC Bank recently signed an MOU with Havelock City. As a result of this, DFCC has proposed a special home loan product specifically designed for customers who wish to purchase Havelock City apartments. Structured loan schemes, grace periods and early settlement […] The post DFCC signs MOU with Havelock C...
The Asian Development Bank (ADB) has approved a $400 million loan to support the Government of Sri Lanka in transforming its secondary education system to align with the demand for highly skilled and agile workers who can compete in the rapidly changing global economy.
[…] The post Humpty Dumpty Sat On A Wall appeared first on Colombo Telegraph.
[…] The post An Open Letter To Securities Exchange Commission On MTD Walkers Issue appeared first on Colombo Telegraph.
COLOMBO (News 1st): Measures are underway to broaden the initiatives followed to prevent elephants from consuming polythene, M.K. Bandula Harischandra, the Secretary to the Ministry of Wildlife and Forest Conservation said on Monday (Nov. 30). Elephants consuming polythene as a result of garbage collecting in and surrounding forest reserves due to poor waste management in […] Measures under...
[…] The post Bleak Economy, Market Mafia & Militarised Rule appeared first on Colombo Telegraph.
[…] The post “3 Easy Steps to Protect Your Privacy Online” appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse appeared first on Colombo Telegraph.
Photo courtesy of The Statesman Maaveerar Naal, otherwise known as Heroes day, is celebrated on November 27 to remember those who lost their lives fighting for the LTTE. While this day has...
[…] The post Awakening To Reality appeared first on Colombo Telegraph.
With the aim of providing the highest quality of service to their customers, Seylan Bank relocated the Kurunegala Branch to a more convenient location at No: 87, Colombo Road, Kurunegala. Equipped to offer a more streamlined banking experience, the new fully-fledged branch opened its doors on the 23rd of November, 2020. The Branch is equipped […] The post Seylan Bank relocates Kurunegala Bra...
Sampath Bank PLC recently announced that it has improved its position in the Business Today Top 30 for the year 2019-2020, reaffirming its status as one of Sri Lanka’s best performing companies. The Bank rose one spot in this year’s ranking to reach 4th place among Sri Lanka’s corporate elite. Currently in its 23rd year, […] The post Sampath Bank improves ranking to 4th place in Business Tod...
[…] The post Why The Gotabaya Rajapaksa Presidency Will Be A One-Term Wonder appeared first on Colombo Telegraph.
[…] The post Actually, The Foreign Ministry Certainly Seems Foreign Now appeared first on Colombo Telegraph.
The Asian Development Bank (ADB) has approved a USD 165 million loan to Sri Lanka to provide immediate financing support for small and medium-enterprises (SMEs), which have been severely affected by the COVID-19 pandemic, and long-term financing to underserved SMEs, including businesses led by women and tea smallholders.
Colombo (News 1st); The Former Governor of the Eastern Province A. L. A. M. Hizbullah testified for the first time at the Presidential Commission of Inquiry probing the 2019 April 21st Attacks, on Monday (23). At the PCoI it was revealed, a sum of Rs. 4,000 Million was deposited from overseas accounts to two bank accounts […] Rs. 04 Bn deposited in Hizbullah’s accounts; expose’ ...
Sri Lanka’s first digital banking experience, FriMi powered by Nations Trust Bank, is proud to announce the launch of the revolutionary Round Up Savings feature for the first time in Sri Lanka. Round Up Savings is an innovative new way to save, and FriMi is the first to introduce this concept to Sri Lanka. Through […] The post FriMi Introduces Revolutionary “Round up Savings” first appeared ...