Sri Lanka and China entered into a framework agreement on investment promotion, economic and technical cooperation during the visit of Sri Lankan Prime Minister to China.
Sri Lanka has regressed in terms of Doing Business Ranking, falling to 110 from its’ earlier position of 79 as of 2012. Improving investor climate will be paramount to Sri Lankan economy
It was proposed in the 2016 budget that a new Inland Revenue Act was needed to address severe deficiencies in the present legislation,
Sri Lankan government has placed a strong emphasis on Cancer treatment and the cabinet has approved the purchase of 5,000 vials of Trastuzumab injection 440 mg with solvent in 20 ml vials from M/s Pharmace (Pvt.) Ltd.
Sri Lanka has won the title as the top travel destination in Asia in 2017, at the World Travel Awards Asia & Australasia 2017 held in Shanghai. Sri Lanka also won the top position as the Asia’s Leading Adventure Tourism Destination 2017 as well alongside the top travel destination title.