Thursday 21 August 2014
 
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Sri Lanka

UAE Exchange remittances to Sri Lanka hit $290m

UAE Exchange, a leading remittance and foreign exchange brand, transferred $290 million, from across the globe, to Sri Lanka in 2013, contributing five per cent of the total remittance inflows to the country. In a statement, the c

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Bahrain seeks to boost ICT ties with Sri Lanka

A high-level delegation led by the Sri Lankan President Mahinda Rajapaksa's secretary Lalith Weeratunga and Sri Lankan Ambassador Anura Rajakaruna visited the eGovernment Authority (eGA) yesterday (April 30). The visit was wit

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Bahrain, Sri Lanka discuss ways to enhance ties

New plans to expand Bahrain-Sri Lanka trade and investment links were part of talks to bolster co-operation as Bahrain’s HRH Prime Minister Prince Khalifa bin Salman Al Khalifa received Sri Lankan President Mahinda Rajapaksa.

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Bahrain-Sri Lanka in investment push

Bahrain’s His Majesty King Hamad and Sri Lankan President Mahinda Rajapaksa yesterday (April 28) discussed ways of expanding economic, trade, tourism and cultural co-operation and boosting joint investments. HRH Prime Minist

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Sri Lanka deports tourist for her Buddha tattoo

Sri Lanka on Thursday deported a British tourist for having a tattoo of Buddha on her arm which a court said was an insult to the island's main religion. Legally, there is no ban on a Buddha tattoo in Sri Lanka, but the predom

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Sri Lanka's main Tamil party wins polls

Sri Lanka's main ethnic minority Tamil party secured a landslide victory in a provincial poll that has threatened to rekindle animosity between the government and Tamils, four years after the military crushed separatist rebels and ended a 26

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Emirates to increase flights to Colombo

Dubai-based Emirates, one of the world’s fastest growing airlines, will add three more flights per week to Colombo from June 30 to meet rising demand. The additional services, which will operate between Dubai and Colombo on

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Sri Lanka to ease foreign ownership restrictions

Sri Lanka will allow foreigners full ownership of businesses if they invest more than $10 million, a minister said, and the measure will likely be introduced within two months. The proposed change comes as the $59 billion economy

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Bahrain’s personal cargo market 'to grow 20pc'

The personal cargo market, now the fifth largest export segment in Bahrain, is expected to grow by 15-20 per cent year-on-year, on the back of a rise in the number of expatriates having high-paid jobs, said a top official. "E

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Sri Lanka embassy opens in Bahrain

Sri Lanka has opened its first fully operational embassy in Bahrain, which will work towards boosting ties between the two countries and support its 20,000-plus community members. The embassy was up and running following months of

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