PROGRAMME TO RENOVATE TANKS
A comprehensive programme has been prepared to renovate over 13,000 old small tank systems, according to Minister
PERFORMANCE OF STATE ENTERPRISES
Minister of Finance and Mass Media Mangala Samaraweera stated that key performance indicators (KPIs) would
LAUNCH OF MARKETING CAMPAIGNS
Global and digital campaigns to promote Sri Lanka as a tourist destination are set to be launched between August and
CALL TO REVITALISE TEA INDUSTRY
At the 124th annual general meeting of the Colombo Tea Traders Association (CTTA), State Minister of National Policies and
EXPEDITED RURAL SECTOR GROWTH
The agriculture sector’s contribution to GDP is to be increased with the renovation of 4,000 rural tanks next year.
DEVELOPMENT REVOLUTION PLEDGE
Prime Minister Ranil Wickremesinghe declared that between Rs. 160 billion and Rs. 200 billion would be spent by the government
DIRECT TAXES TO ADDRESS FAIRNESS
Governor of the Central Bank of Sri Lanka Dr. Indrajit Coomaraswamy recently stated that Sri Lanka has “one of the most regressive and unfair tax systems in the world.”
RECEIPT OF LARGEST INVESTMENT
Sri Lanka recently received its single highest tranche of foreign direct investment (FDI) to date with the release of US$ 584 million by China Merchants Port Holdings (CMPort) for the Hambantota Port.
PRIORITY SECTOR EXPORT TARGET
Sri Lanka will look to earn an ambitious US$ 200 million in the global boat and shipping export sector by 2022 as it continues to record strong growth, stated Minister of Industry and Commerce Rishad Bathiudeen at the launch of Boat Show Sri Lanka 2018
STAFF REQUIRED IN HOTEL SECTOR
Minister of Tourism Development and Christian Religious Affairs John Amaratunga revealed that newly trained workers would be needed in the hotel sector over the next couple of years due to investments amounting to US$ 2.8 billion
ALLOCATION FOR INFOTECH INDUSTRY
A knowledge-based economy is to be promoted by the government over the next decade to develop the country, says Prime Minister Ranil Wickremesinghe
ANTI- DRUG TRAFFICKING PROGRAMME
Minister of Youth Affairs, Project Management and Southern Development, and Prime Minister’s Chief of Staff Sagala Ratnayaka stated that Sri Lanka’s strategic position in the Indian Ocean would make it the perfect
GOVERNMENT TARGETS EXPORTS
Prime Minister Ranil Wickremesinghe stated that Sri Lanka would be able to overcome challenges to achieve its target of US$ 5 billion in export income, adding that the government was taking measures to this end
DEMINING PROGRAMME PROGRESS
Sri Lanka is making steady progress towards its goal to achieve mine free status and is hopeful that it could be completed by 2020, according to Sri Lanka Permanent Representative to the UN in Geneva Ambassador A. L. A. Azeez
INVESTOR MIGRATION PROMOTION
Sri Lanka has been accepted by the Investment Migration Council (IMC) – one of the largest worldwide associations for investor immigration and citizenship by investment – as one of its global destinations in which it will promote investor migration
STATE LOANS FOR ENTREPRENEURS
Minister of Finance and Mass Media Mangala Samaraweera stated that the Government of Sri Lanka will be launching a programme to create 100,000 entrepreneurs by 2020
LAUNCH OF INVESTMENT WINDOW
An MOU was signed between the Board of Investment (BOI) and six regulatory bodies to launch the single window investment facilitation taskforce
TOURISM PROMOTIONS IN CHINA
A promotional drive was conducted across key Chinese cities, led by Minister of Tourism Development and Christian Religious Affairs John Amaratunga.
PROGRAMMES TO TARGET GROWTH
The Government of Sri Lanka is set to launch several programmes aimed at driving growth by stimulating private investment and boosting the rural economy.
MARCH TOURIST ARRIVALS GROW
Tourist arrivals in March increased by 24.1 percent compared to the corresponding period of the previous year. This growth was attributed
