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Economic Newsletter – August 2019

Economic

 Focus Issues  High Impact News
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India's landmark mission Chandrayaan-2 takes off
India's landmark mission to the moon, Chandrayaan-2, successfully took off from Satish Dhawan Space Center, Sriharikota on 29 July 2019 denoting the start of the country’s maiden journey toward the south pole of the moon...
 
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1st of the 100 Model Villages to be built with Indian assistance inaugurated.
In a special event held on July 6, 2019, Minister of Housing and Construction & Cultural Affairs Hon. Sajith Premadasa, H E Chandrika Bandaranayke Kumaratunga Former President of Sri Lanka...
 
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India to overtake Japan to become 3rd largest economy in 2025.
India will this year overtake the UK to turn into the world's fifth greatest economy and is ready to surpass Japan to be the third largest in 2025. In May 2019, following the re-election of BJP government which is led by Prime Minister Mr. Narendra Modi...
 
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Indian Concessional Financing Upgradation of railway track from Maho to Omanthai.
A contract agreement of around US$ 91.26 million for upgrading of around 130 km railway track from Maho to Omanthai under Indian concessional financing was signed between IRCON International Limited and Government of Sri Lanka in Colombo...
 
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Ceylon Chamber of Commerce visits New Delhi to Forge New Business Links
With the initiative of the Sri Lanka High Commission, Ceylon Chamber of Commerce led a two day business promotion mission to New Delhi on 16th July 2019, to establish business and trade links with industry leaders in India...
 
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India International Textiles Expo inaugurated in Colombo.
The India International Textiles Expo (IITExpo) -Exhibition cum Buyer Seller Meet, three-day event, organized by the Powerloom Development & Export Promotion Council (PDEXCIL) of India, with the support of Ministry of Textiles & Ministry of Commerce & Industry...
 
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