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
Sri Lanka's PM explains the controversy surrounding former chief justice to parliament
-- [28 minutes ago]
Packer abandons $ 400 million casino project in Sri Lanka after government bans new casinos
-- [1 hour and 34 minutes ago]
UK encouraged by Sri Lanka's renewed desire for reconciliation and long-term peace
-- [2 hours ago]
Justice K Sripavan takes oaths as Sri Lanka's Chief Justice
-- [3 hours ago]
Sri Lanka inflation rises to 3.2 percent in January on food prices
-- [4 hours ago]
US Assistant Secretary to arrive in Sri Lanka Sunday
-- [4 hours ago]
Sri Lanka's new government to express sympathy to victims of war at Independence Day celebrations
Bakery owners in Sri Lanka to reduce bread prices following reduction in wheat flour prices
Sri Lankan President's adviser briefs UN HR High Commissioner on new government's policies
UN Secretary General hopes Sri Lanka will work with the UN on war probe

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.