FOREIGN AID
The Japanese government has reaffirmed its commitment to develop the East Container Terminal of the Colombo South Harbour, a move that aims to strengthen
CONSTITUTIONAL REFORM
President Maithripala Sirisena has said the 19th Amendment to the Constitution should be abolished to establish good governance and ensure democracy in the future
BIODIVERSITY MANAGEMENT
The findings of the ‘Road Map for Sustainable Finance in Sri Lanka’ report indicate that the nation must invest Rs. 30 million over the next five years
SPACE EXPLORATION
Sri Lanka’s first satellite, Raavana 1, was launched into orbit recently from the International Space Station (ISS) along with two other Bispectral
REGIONAL COOPERATION
President Maithripala Sirisena attended the 5th Conference on Interaction and Confidence Building Measures in Asia (CICA) where he
INVESTMENT AGREEMENT
Putus Brother’s Sustainable Developments signed an agreement with the Board of Investment (BOI) of Sri Lanka to construct and operate
TOURISM TRADE
Tourist arrivals to Sri Lanka have gradually started to pick up following the Easter Sunday attacks that took place in April.
GLOBAL FORUM
The inaugural session of the UN-Habitat Assembly (UNHA) took place in Nairobi, Kenya, last month where Sri Lanka was
NATIONAL DEVELOPMENT
The IBRD will provide credit facilities to Sri Lanka in the first phase of a project aimed at mitigating the risks caused by adverse weather patterns
TRADE RELATIONS
Asian markets largely tumbled on Monday, tracking global losses as Wall Street clocked its worst month this year with investors opting for safe haven assets
MARKET UPDATE
Asian stocks edged down Friday despite modest gains on Wall Street overnight as US President Donald Trump’s sudden announcement
FOREST CONSERVATION
President Maithripala Sirisena instructed officials at a progress review meeting held at the Department of Forest Conservation to cancel the licences of
TOURISM INDUSTRY
A month after deadly terror attacks struck the nation, conditions are gradually returning to normal, according to Minister of Tourism Development
EXPORT SECTOR
The Exporters Association of Sri Lanka (EASL) is expected to initiate discussions with the Government of Sri Lanka with regards to the provision of tax
REGIONAL MARKETS
Asian markets made a tepid recovery Monday as investors sought to shrug off a difficult week dominated by anxiety over the fractious US-China trade war
CRICKET UPDATE
Kumar Sangakkara hopes Sri Lanka can somehow overcome their “chaotic” buildup to the World Cup thanks to new captain Dimuth Karunaratne’s
REGULATORY MEASURES
The IMF has advised the Securities and Exchange Commission (SEC) of Sri Lanka to streamline its enforcement programme and improve its overall effectiveness.
POLLUTION CONTROL
Sri Lanka’s Central Environmental Authority (CEA) has decided to monitor hazardous particulate matter below PM10 to coincide with World Environment Day on 5 June
WAR REMEMBRANCE
Sri Lanka’s president marked the 10th anniversary of the end of a protracted war with Tamil rebels Sunday by vowing to crush Islamist militants responsible
RETAIL SECTOR
Burberry, the luxury British fashion house, announced Thursday a rise in annual net profit on lower restructuring costs; but its share price frayed on sluggish Asian sales, notably in China.