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
Reginald Cooray takes oaths as new governor of Northern Province
-- [4 minutes ago]
Scarcity of multi-tenanted Grade A office buildings in Sri Lankan capital city
'Joint opposition' is not for women's rights in Sri Lanka - PM
Over 100 harassed migrant workers return to country from Kuwait
Sri Lankan President to visit Germany to strengthen economic and trade cooperation
ICRC to work with Sri Lankan government on missing persons
Sri Lankan government not averse to international participation in the accountability mechanisms, PM says
SLFP to take disciplinary action against members criticizing the party leadership
Program to enlighten media personnel on proposed constitution
State minister pays surprise visit to fish market to look into public complaints of corruption

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.