Hambantota Oil Refinery investment project agreement with a Singapore company has been terminated due to the failure to kick start the project even after over three years, Cabinet office announced.
An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said on Tuesday.
Sri Lanka may have to bring down specialist doctors from overseas in the next couple of years if the specialist doctors continue to leave the country, a medical specialist said yesterday.
The Consumer Affairs Authority has successfully collected over Rs. 132.6 million through raids conducted during the first half of the year.
Plans are underway to sell 82 acre Nuwara Eliya Racecourse to a leading sports club as its present management is not in a position to spend a colossal sum of money for upkeep work.
The policymakers both in developed and developing countries are keen in promoting resource distributive policies, anticipating growth in the economies take effect automatically.
The Embassy of Sri Lanka in Moscow says it has initiated direct employment opportunities for Sri Lankan skilled migrant workers in the Russian Federation for the first time in the history.
Sri Lanka’s world renowned Chinese guilt Bandaranaike Memorial International Conference Hall (BMICH) Board has faced gets a black mark for forgery and corruption charges against some of its top officials.