Sri Lanka and the United Arab Emirates (UAE) agreed to complete the Agreement for the Promotion and Protection of Investment (APPI) as early as possible to expand investment and trade cooperation between the two countries.
Sri Lanka's southern Hambantota Port is aiming to attract investments worth $500 million as plans are afoot to set up port related industries inside the port as well as general operation expansion, Ports Minister Mahinda Samarasingha said on Friday.
Tourism has emerged as the second highest foreign exchange earner in Sri Lanka, beating the island country's lucrative garment industry which held this position for the past eight years since 2010, official data showed.
Fighting the climate change apocalypse: West should practise what it preaches
The Pew study survey found that 24 percent of Indians believe that technology can solve the climate-change problem – and definitely that's the way forward as technology is bringing down the price of green energy. And China and India can make the most significant contributions as they leap-frog to greener technologies –