Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to obtain US$ 290 million soft loan from South Korea
Fri, Jan 4, 2013, 10:38 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 04, Colombo: The South Korean Embassy in Colombo announced that a Framework Arrangement which would enable the Sri Lankan Government to obtain a soft loan from the Korean government up to US$ 290 million till 2015 was signed last week.

According to the South Korean embassy, the Framework Arrangement is based on the MoU signed by the President Mahinda Rajapaksa with the Government of Korea during his visit to Korea in last April.

According to the MoU, Korea will finance a range of projects, such as to develop renewable energy plants and also to build infrastructure in Sri Lanka.

The projects are to be facilitated by the Korean Embassy and the Export and Import bank of Korea.



ColomboPage - Recent 10 Stories
Swiss national sailing solo around the world crashes near southern Sri Lanka
-- [2 hours ago]
Sri Lanka to rehabilitate four sugar plants to boost local production
-- [4 hours ago]
Considerable increase in number of tourists visiting botanical gardens in Sri Lanka
-- [4 hours ago]
Sri Lanka main opposition urges government to curb rising crime
-- [4 hours ago]
Sri Lankan President discusses ICAPP arrangements
Fairfax Asia buys 78% stake in Sri Lanka insurer
Two major Sri Lankan drug racketeers live in Peshawar, Sri Lanka police say
Chairman of Sri Lanka Broadcasting Corporation proposes moves to streamline the national radio
Coalition parties of Sri Lankan government raise concerns over ruling alliance's path
Korean language proficiency test for Sri Lankan applicants in October

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.