Sri Lanka’s Minister of Agriculture Mahindananda Aluthgamage has reportedly pointed out the importance of promoting sustainable agriculture through innovation including digital agriculture solutions.
Lotus Leisure Management (ETM), which is a specialist Hotel and Resort Marketing Company, is to invest over Rs. 4 billion
Former Governor of the Central Bank of Sri Lanka (CBSL), Indrajit Coomaraswamy has reportedly urged Sri Lankan policymakers to take advantage of the size of the Indian market.
The Commons Project Foundation and the World Economic Forum have announced international trials starting this week for CommonPass, a digital health pass for travellers to securely document their certified COVID-19
The Toyota Lanka Company is reportedly keen on setting up a Toyota vehicle assembly plant in Sri Lanka if the government keeps the car import restrictions for a period of 10 years.
One of Sri Lanka’s real estate giants, John Keells Properties, has reportedly expanded the Company’s already diverse portfolio recently with the announcement of two new sets of luxury properties based
The Board of Investment (BOI) of Sri Lanka has reportedly stated that all 14 export processing zones (EPZs) in the country are currently
Sri Lanka and China have recently reached an agreement on economic and technical cooperation between the two countries by providing RMB 600 million
Sri Lankan authorities in a bid to gradually revive the shut-down tourism industry are looking at creating a “Corona Corridor” with India.
Sri Lanka’s Government Information Department has reportedly stated that Emirates National Oil Company (ENOC) of Singapore has been awarded contracts
The government of Sri Lanka is currently looking at promoting local manufacturing of pharmaceutical products so that foreign exchange can be earned creating a competitive market ensuring quality and effectiveness of the drugs prescribed while reducing the imports of prescribed drugs.
Sri Lanka’s President Gotabaya Rajapaksa has reportedly instructed officials to complete the Rs. 108 billion extension of the country’s main Bandaranaike International Airport (BIA) before the end of 2023
Sri Lanka’s UDA has initiated a programme to renovate the historic Gafoor building in Colombo Fort at a cost of Rs. 620 million as part of the UDA’s project to preserve the antiquity value of the building while making it available for commercial use
The Development Lotteries Board (DLB) of Sri Lanka has reportedly marked a significant turning point of its history by launching the first digital lottery
Sri Lanka’s State Minister of Money and Capital Market and State Enterprise Reforms Ajith Nivard Cabraal has reportedly stated that the government of Sri Lanka will commence regular virtual road shows
Sri Lanka’s tourism authority to facilitate country’s positioning as Asia’s foremost tourism destination
The Sri Lanka Tourism Development Authority (SLTDA) and Australia’s Market Development Facility (MDF) have reportedly joined hands to develop a research roadmap to facilitate Sri Lanka’s position as Asia’s foremost tourism destination.
Sri Lanka launches digital payment solution National LANKAQR Initiative to make cashless transactions
The Central Bank of Sri Lanka (CBSL) in a bid to reduce cash use in Sri Lanka recently launched the digital payment solution National LANKAQR Initiative “Rata Puraama LANKAQR,
United Nations Industrial Development Organisation (UNIDO) ITPO Tokyo hosted a webinar on “Investment Opportunities in Export Processing Zones in Sri Lanka”
The Sri Lanka Association of Software and Services Companies (SLASSCOM), which is the country’s sole knowledge and innovation chamber, has reportedly launched the Cyber security Centre of Excellence (CSCx)
Sri Lanka’s Energy Minister Udaya Gammanpila has reportedly stated that the country has received very positive signals from the natural gas and oil extraction process from three basins in the North East Coast of the country.
Sri Lanka’s Cabinet of Ministers has granted approval for China CAMC Engineering Company Limited and China State Construction Engineering Corporation Limited to construct canals as part of the US$ 675 million Mahaweli Water Security Investment Programme,
The Batticaloa District Small Industrial Development Unit has recently organized a sale and exhibition to showcase and promote the small industries
Sri Lanka’s Cabinet of Ministers earlier this week had approved the setting up of a land data infrastructure and information services system with Korean funding worth US$ 60.3 million.
The government of Sri Lanka has reportedly approved a proposal presented by Sri Lanka’s Minister of Urban Development and Housing on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build a new housing scheme in Colombo for Rs. 9.37 billion.
One of Sri Lanka’s largest Export Processing Zone (EPZ) in Bingiriya has reportedly attracted US$ 45 million worth investments for five ventures.
WEBXPAY, a payment gateway provider, has recently surpassed the Rs. 2.5 billion milestone in billings within a period of five years reflecting its rapid adoption
Sri Lanka’s President calls for implementation of short and long term projects to meet liquid milk demand
Sri Lanka’s President Gotabaya Rajapaksa has recently instructed officials to implement short and long term plans in collaboration with the public and private companies as well as small-scale farmers in order to meet the demand for liquid milk in the local market.
The MoU signed between Sri Lankan food processors and the European Chamber in Sri Lanka would further strengthen the trade ties between Sri Lanka and EU.
LAUGFS Terminals Ltd. of Sri Lanka has reportedly celebrated its 100th ship call for loading of LP gas at its port based in the LP Gas Storage and Transshipment Terminal Complex at Sri Lanka’s southern Hambantota International Port
Sri Lanka’s Board of Investment of Sri Lanka (BOI) has reportedly signed an agreement with Suganth Seafood (Pvt.) Ltd. to set up a sea cucumber processing factory in the country’s Jaffna peninsula targeting the export market.
Sri Lanka’s President calls for 70 percent of country’s electricity to be generated from renewable energy
Sri Lanka’s President Gotabaya Rajapaksa has directed officials to draw up plans to produce 70 percent of the country’s electricity requirement from renewable energy sources by 2030.
The government of Sri Lanka is looking at new warehouse facilities, fuel storage tanks and a docking bay among measures taken to promote the country’s Colombo Port as a transshipment hub.
Sri Lankan construction company, MAGA, has reportedly commenced construction work on an 11-storey 624-unit housing complex in the country’s commercial capital Colombo
Sri Lankan government offers special concessions to international airlines operating to MRIA and CIAR
The government of Sri Lanka has reportedly decided to exempt the payment of landing and parking charges at the Mattala Rajapaksa International Airport (MRIA) and Colombo International Airport Ratmalana (CIAR) for a period of one year with effect from 8 September.
Sri Lanka has recommenced the construction of the Section I of the Central Expressway from Kadawatha to Mirigama.
Sri Lanka’s Presidential Task Force on Economic Revival is currently exploring the possibility of supplying several major types of fertilizer required by the local market within the next three years.
Seafood industry has been a major contributor towards the exports out of Sri Lanka even during the COVID pandemic and the Government is indeed geared up to boost exports
The government of Sri Lanka is reportedly considering a proposal to set up a cable car project at the National Namal Uyana located in Dambulla
One of Sri Lanka’s leading poultry producers, Crysbro, has reportedly initiated a programme to produce seed paddy production in a bid to elevate the local rice production capacity.
One of Sri Lanka’s leading tea brands, Dilmah, has reportedly been recognized as one of the most trusted brands by winning the palates and hearts of consumers in Australia and New Zealand
One of the leading global technology companies, HCL Technologies (HCL) has officially opened its Global Development Center in Sri Lanka’s commercial capital, Colombo.
Sri Lanka’s Pelwatte Dairy Industries (Pvt) Ltd, which is a wholly owned subsidiary of Pelwatte Sugar Industries Ltd, is to commence exporting butter to Japan and milk powder to Chin
The European Union (EU) has reportedly decided to increase its grant from 3.5 million Euros (Rs.728 million) to 4.9 million Euros (Rs.1.05 billion) to revive Sri Lanka’s tourism industry
The government of Sri Lanka is looking at unveiling eco-friendly food packing modules to the local consumer market which in
Sri Lanka’s merchandised exports for the last three months have reportedly achieved close to the US$ 1 billion mark despite global and local challenges.
Sri Lanka’s State Ministry of Solar, Wind, and Grid Power Generation Projects Development is to call for tenders to construct
Sri Lanka’s Minister of Agriculture Mahindananda Aluthgamage addressing the 35th Session of the FAO Regional Conference for Asia and the Pacific (APRC) has reportedly noted the importance of promoting sustainable agriculture through innovation including digital agriculture solutions.
Sri Lanka’s President Gotabaya Rajapaksa has reportedly appointed a high-powered ministerial committee to promote investments for import substitution and exports
The key component of the expansion project of Sri Lanka’s Bandaranaike International Airport (BIA) worth Rs. 108 billion is to commence later this month.
The Indian High Commission in Colombo has reportedly stated that India has offered Sri Lanka a Line of Credit worth US$ 100 million for three solar projects.