EXPORT TARGET
On the back of six percent growth in exports registered so far in 2019, Sri Lanka is expected to achieve an export income of US$ 28 billion next year
BIZ FACILITATION
Discussions to set up a digital free trade zone may soon come into effect with the objective of helping small businesses and other exporters
GLOBAL INDEX
The city of Colombo has experienced a downgrade in the Global Liveability Index 2019 due to the Easter Sunday terrorist attacks that occurred
WAR ON TERROR
The Global Community Engagement and Resilience Fund (GCERF) has stated a mission to assist Sri Lanka in combatting and preventing
ECONOMIC STATISTICS
The Department of Census and Statistics of Sri Lanka has reported a marginal uptick in inflation – as measured by the change in the Colombo
HIGHWAYS DEVELOPMENT
The second phase of the Central Expressway project from Mirigama to Kurunegala is anticipated to be completed by the end of November
BILATERAL AGREEMENTS
Bilateral relations between Sri Lanka and the Maldives are set to be strengthened as the two countries have scheduled the signing of several agreements during
TRIPARTITE AGREEMENT
The Government of Sri Lanka finalised an agreement with two energy companies from France and Norway for a two-year oil and gas exploration exercise
FOREIGN FUNDING
A US$ 480 million grant to Sri Lanka, to improve transportation and land information availability, from the Millennium Challenge Corporation (MCC)
PHARMA INDUSTRY
Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratne revealed plans to regulate the prices of several drugs
AQUATIC RESEARCH
The foundation stone was laid for a ‘Marine Aquaculture Research Centre,’ constructed at a cost of Rs. 50 million, within the premises of the National Aquatic
REGIONAL FORUM
The 31st board meeting of the SAARC Development Fund (SDF) is scheduled to take place in Colombo on 23 and 24 August.
ENTREPRENEURSHIP GROWTH
The third ‘Enterprise Sri Lanka’ exhibition organised by the Ministry of Finance is scheduled to be held in the Jaffna Fort in September.
FOREIGN ASSISTANCE
The German Federal Foreign Office is to grant EUR 4 million to help Sri Lanka achieve its objective of becoming mine impact free by 2020
NATIONAL DEVELOPMENT
Prime Minister Ranil Wickremesinghe alluded to the government’s objective to develop and rebuild Jaffna within the next five years while participating
OIL EXPLORATION
Following cabinet approval received in February, the Sri Lankan government entered into an agreement with Bell Geospace to explore for offshore oil
NATIONAL SURVEY
A recent survey launched by the Information and Communication Technology Agency (ICTA) of Sri Lanka reveals that the overall strength of the industry
BILATERAL TIES
Bilateral ties between Sri Lanka and Cambodia are looking stronger than ever, and their common love for Buddhism further elevates the relationship
REGIONAL TIES
Sri Lankan President Maithripala Sirisena held bilateral discussions with Cambodian Prime Minister Hun Sen during a state visit to Cambodia
CORPORATE GOVERNANCE
The Securities and Exchange Commission (SEC) of Sri Lanka is advocating the separation of chairperson and chief executive roles to discourage