The first US $ 1 billion investment agreement for the construction of the Colombo International Financial Center was signed at Temple Trees today (December 17) under the patronage of Prime Minister Mahinda Rajapaksa
Sri Lanka needs well-designed political and economic policy changes for long-term recovery
The government has taken steps to address shortages of fuel and gas to some extent when compared to the earlier situation which had long queues that stretched for kilometres outside fuel and gas stations. But a well-planned recovery plan still cannot be seen that can address the long-term food security issues.
More on REGION
EU joins WHO to mitigate impact of pandemic in Sri Lanka
The World Health Organization (WHO) country office for Sri Lanka, with financial support worth EUR 2 million from the European Union (EU), will help improve emergency response capacities in Sri Lanka to mitigate the impact of COVID-19, the EU announced in a release
Smiles, cheers as B'desh's Chilahati-Haldibari rail track reopens
It was a moment of happiness and a day to cheer for many residing on the Bangladesh side of the Indo-Bangla border as the railway line from Chilahati to Haldibari in India was reopened, ending the residents' 55-year-old wait to see trains plying once again on a route that was lying defunct since 1965
Hasina for further integrated economies
Prime Minister Sheikh Hasina yesterday suggested further integrating the economies of Bangladesh and India to consolidate the global and regional value chains cashing on the available synergies
Stimulus eludes 42pc apparel workers
More than 42 per cent garment workers did not benefit from the stimulus package despite being one of the poorest segments of the population and hardest hit by the coronavirus pandemic, according to a new survey
India puts into orbit its 42nd communication satellite
India on Thursday successfully placed its 42nd communication satellite CMS-01 (formerly GSAT-12R) in the geosynchronous transfer orbit in a textbook style
US asks India to limit forex intervention
The US has asked India to allow the exchange rate to move to reflect economic fundamentals and limit foreign exchange intervention
Modi, Hasina reiterate commitment to eliminating terrorism
Indian Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina on Thursday acknowledged the threat of terrorism to both the countries and reiterated their commitment to eliminate it
India contributes $1 million to WADA to support Clean Sport
India has pledged a sum of $1 million to the World Anti-Doping Agency (WADA) towards its scientific research budget to ensure an atmosphere of Clean Sport globally, which will allow the global agency to develop innovative anti-doping testing and detection methods
Kathmandu administration calls off odd-even rule for traffic
The Kathmandu District Administration Office has decided to call of the odd-even rule for vehicles plying the city streets
In an about-turn, hours after Constitutional Council meeting is called, it is called off again
A meeting of Nepal's Constitutional Council scheduled for 5 pm has been called off
Nepal's Ruby Valley offers stunning views of Himalayan ranges
Ruby Valley, one of the less explored trekking destinations in Dhading district, is popular for snow-capped mountains, lakes, beautiful villages, rivers and rivulets
Feeling no pressure or danger from opposition: Pakistan PM Imran Khan
Pakistan Prime Minister Imran Khan on Wednesday said the PTI-led government is facing no threat from the opposition rallies or pressure from any side and the whole drama is being staged for Senate elections, which the government intends to hold earlier than schedule
Pakistani FM embarks on 2-day visit to UAE
Pakistani Foreign Minister Shah Mahmood Qureshi on Thursday embarked on a two-day visit to the United Arab Emirates (UAE) for talks on bilateral matters, according to an official statement issued here
Pakistan's COVID-19 positivity ratio at 6.3%
The National Command and Operation Centre (NCOC) was informed on Thursday that the current positivity ratio in the country is 6.3 per cent, compared to 7.2 per cent a day earlier
