TANK RENOVATIONS IN TRINCOMALEE
President Maithripala Sirisena recently stated that the renovation of 25 irrigation tanks in the Trincomalee District has been completed under the
INFLATION DECELERATES IN JUNE
Inflation as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census
NO EXEMPTIONS UNDER NEW TAX BILL
Minister of Finance Mangala Samaraweera has stated no tax exemptions will be granted under the new Inland Revenue Bill and that all individuals qualified to pay
DIRECT FLIGHTS TO VISAKHAPATNAM
SriLankan Airlines commenced operations to Visakhapatnam in Andhra Pradesh, India, on 8 July. The airline will be offering a four-times-a-week service to Visakhapatnam
STATE ACQUIRES TEACHING HOSPITAL
The Government of Sri Lanka took over the Neville Fernando Hospital in Malabe with an agreement in this regard signed between Chairman of the hospital Dr. Neville
US DEFENCE ATTACHÉ IN SRI LANKA
Defence Attaché of the US Embassy in Sri Lanka Colonel Robert Knox Ross, who is on the eve of the completion of his tenure, paid his farewell call on Commander
MEETING OF ASIAN CLEARING UNION
The Central Bank of Sri Lanka hosted the Standing Technical Meeting and the 46th Meeting of the Board of Directors of the Asian Clearing Union
NOT AFRAID OF CHALLENGES: PRESIDENT
Speaking at a ceremony in Polonnaruwa, President Maithripala Sirisena asserted that the current government will move forward without any fear of challenges and criticisms for the betterment of the people of the country.
‘ARUNTA’ AT THE PORT OF COLOMBO
An Anzac-class frigate of the Royal Australian Navy – HMAS Arunta – arrived at the Port of Colombo on 10 July on a goodwill visit
CENTRAL BANK TREASURY BILL ISSUE
The Central Bank of Sri Lanka (CBSL) announced an auction for the issuance of Rs. 29,500 million in Treasury bills with the submission of bids closing at 11 a.m. on 12 July
SECOND EU-SRI LANKA DIALOGUE
A dialogue between the European Union Embassy and embassies of representative countries of the Union was conducted for the second time, under the patronage of the Ministry of Development Strategies
NATIONAL PLAN FOR CLIMATE CHANGE
The National Climate Change Adaptation Plan for Climate Change Impacts – 2016-2025 was drafted in line with the guidelines set forth by the United Nations Framework
EXPORT-FRIENDLY ECONOMIC POLICY
A delegation of representatives from the Japanese Chamber of Commerce and Industry in Sri Lanka, accompanied by the Japanese Ambassador to Sri Lanka Kenichi Suganuma, met Minister
BANKS ADOPT BASEL III CAPITAL CRITERIA
Commencing 1 July, licensed banks in Sri Lanka will adopt minimum capital standards based on the Direction issued by the Central Bank of Sri Lanka
ROAD MAP ON INVESTMENT REFORMS
The launch of the ‘Road Map on Investment Climate Reforms in Sri Lanka’ was held under the patronage of Prime Minister Ranil Wickremesinghe at Temple Trees.
UNIVERSITY COLLEGE IN TRINCOMALEE
A proposal made by Chandima Weerakkody, Minister of Skills Development and Vocational Training, to establish a university college in Kinniya in the Trincomalee
GOVERNMENT HOSPITAL UPGRADES
The Cabinet approved a soft loan of EUR 9.6 million from the Bank of Austria, under the agreement of the Austrian government, to upgrade operating theatres and
FOSTERING ECONOMIC DEVELOPMENT
Professor Ricardo Hausmann of the Harvard Kennedy School of Government recently conducted a lecture at the Board of Investments (BOI) of Sri Lanka
CENTRAL BANK RESEARCH CONFERENCE
The Central Bank of Sri Lanka will hold its 10th Annual Research Conference on 8 December under the theme ‘Macroeconomic Policy Reforms towards a Vibrant Future.’
ACTION AGAINST HATE SPEECH
The cabinet issued a statement urging law enforcement authorities and the Attorney General to take immediate action against instigators and