The Asian Development Bank (ADB) has approved a $160 million loan to modernize the operations and improve the efficiency of Sri Lanka Railways, the country’s railway...
Since 2014, South Asia has been the fastest growing subregion in the world, with its eight economies collectively boasting average annual growth of 7.0%. This is...
The World Bank approved today a $310 million loan to reduce and mitigate flood risks in the lower Kelani basin in Colombo and improve weather forecasting...
The Asian Development Bank (ADB), the Government of Sri Lanka, and the Regional Development Bank (RDB) today signed Loan and Guarantee Agreements to further assist Sri...
Sri Lanka has ramped up security nationwide as fears grow for its minority Muslims could face severe religious violence in the worst turmoil erupted after Easter...
The world shivers at the mention of terrorism. The international news storylines mostly present two hegemonic undertakings: the economic and power game ruling blocks comprising US,...
The Islamic State terror group has claimed involvement in the horrific Easter Sunday bombings that killed more than 320 people at Catholic services and in luxury...
The horrendous Easter bombings in Sri Lanka make little sense; the question remains, why? Following 30 years of civil war between the majority Buddhist Sinhalese (75%)...
Sri Lanka is widely recognized for its rapid development progress—as shown by various development indicators—but underperformance on growth. The country’s growth slowed to 3.2% in 2018....
Sri Lanka and the World Bank today signed two new agreements worth $150 million to improve climate resilience and agriculture productivity for small farmers and support...