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Sri Lanka’s economic growth:
ADB buoyed
IMF standby agreement a positive move:
The Sri Lanka economy which grew by 3.5 percent
last year, is expected to recover to a healthy growth rate of 6
percent this year buoyed by renewed confidence following the end of
terrorism.
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USAID launches new business alliance program in North, East
The U.S. Agency for International Development
announced a new business alliance program with Sri Lanka’s private
sector. Partnering with five local businesses, the USAID
Public-Private Partnerships for Northern and Eastern Sri Lanka (PPP)
Program is expected to create around 5,000 full-time jobs in the
North East.
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Colombo to host IIFA weekend in June
Global Business Forum, Fashion Extravaganza:
The International Indian Film Academy (IIFA)
will celebrate the IIFA Weekend and IIFA Awards in Sri Lanka, this
year. The 11th dedition of IIFA will be held in Colombo from June 3
to 5.
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