Economics

President Allocates Rs. 5 Billion for Sri Lanka’s General Elections

Sri Lanka’s three-member cabinet, including President Anura Dissanayake, has sanctioned a proposal to allocate Rs. 5 billion from the government’s consolidated fund to.

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Government Regulations

Sri Lanka Cabinet Approves Bill to Modernize Cross-Border Trade

In a landmark decision, Sri Lanka’s Cabinet has approved the National Trade Facilitation Roadmap bill, marking a significant advancement in the country’s efforts.

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Tech Industry

Cabinet Approves IT Strategic Plan for Inland Revenue Department to Enhance Digitization

The Cabinet has officially approved the IT Strategic Plan for the Inland Revenue Department, as announced by Cabinet Spokesman and Minister Dr. Bandula.

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Trade Agreements

Sri Lanka Empowers Coconut Development Authority to Regulate Edible Oil Quality

Sri Lanka’s Coconut Development Authority (CDA) will be granted expanded powers to regulate the quality of imported edible oils, including coconut and palm.

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Government Regulations

Government to Relax Rules on Repatriation of Export Earnings

The Government has announced plans to ease the current regulations on the repatriation of export earnings in response to feedback from exporters and.

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Economics

Maga Engineering Awarded Final Central Highway Contracts

The Cabinet of Ministers has approved the awarding of the IR and IS contract packages for the Central Highway Project to Maga Engineering.

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Economics

Port City Economic Act Amendments Approved to Boost Global Competitiveness

The Cabinet of Ministers has approved a proposal from the President, in his capacity as the Minister of Investment Promotion, to instruct the.

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Economics

Sri Lanka Cabinet Approves New PPP Agency Bill

Sri Lanka’s cabinet has given the green light to draft legislation for establishing a National Agency for Public-Private Partnerships (PPP), following a proposal.

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Business

Sri Lanka Reviews 100 Vehicle Import Applications to Boost Tourism

Sri Lanka has received around 100 applications for permits to import vehicles to support the tourism industry, according to Somarathne Vidanapathirana, Secretary of.

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Tourism

Sri Lanka to Finalize Free Visa Expansion for 60+ Nations This Month

The Sri Lanka Tourism Development Authority (SLTDA) announced that the process to expand free visa facilities to over 60 countries is expected to.

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