Official data in Sri Lanka has reportedly recorded a 4.52 percent growth in raw coconut prices to Rs. 45,265 for 1000 nuts at an auction in Colombo last Thursday (16), which is an increase from Rs. 43,305, on January 16.
Sri Lanka’s Minister of Roads and Highways, Ports and Shipping, Johnston Fernando has reportedly said that the Trincomalee Port in Sri Lanka’s Eastern Province would be turned around as a major international port following recent inspection tour of the port.
Sri Lanka’s Government Information Department has said that Sri Lanka will receive a US$ 10.96 million grant from Korea to develop the tourism industry in the country.
Sri Lanka’s Inland Revenue Department is set to make arrangements to permit e-payments in a bid to boost convenience for taxpayers.
The European Union (EU) has reportedly reassured Sri Lanka that it will continue the Generalised Scheme of Preferences Plus (GSP Plus) trade concessions currently enjoyed by the country until 2023.