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.
In northeast India, water-management practices to deal with climate change
In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,