BILATERAL DISCUSSIONS WITH INDIA
Minister of Finance and Media Mangala Samaraweera held bilateral discussions with Indian Finance Minister Arun Jaitley and Indonesian Finance Minister
THAI DELEGATION VISITS BOI
A delegation from the Thai Fiscal Policy Research Institute Foundation visited the Board of Investment (BOI) of Sri Lanka on a fact-finding mission to
SRI LANKA DEVELOPMENT BONDS
The Central Bank of Sri Lanka announced an auction for the issuance of Sri Lanka Development Bonds with submission of bids open from
ADB GRANT FOR DISASTER RELIEF
The Asian Development Bank (ADB) provided a US$ 2 million grant to finance relief efforts targeting victims of the recent floods and landslides in the country.
‘TELL THE PRESIDENT’ PROGRAMME
The software programme ‘Tell the President’ was officially handed over to the Presidential Secretariat on 12 June. Accordingly, issues and complaints
TREASURY BILL ISSUE ON 14 JUNE
The Central Bank of Sri Lanka (CBSL) announced that an auction for a Treasury bill issue of Rs. 26,000 will be held on June 14.
UN RAPPORTEUR RAPS SRI LANKA
Former United Nations (UN) Special Rapporteur on the Independence of Judges and Lawyers Mónica Pinto’s report based on her last year’s mission to Sri Lanka
RED CARPET FOR INVESTORS
State Minister of Finance Eran Wickramaratne invited existing and potential foreign and local investors to benefit from new business opportunities
GLOBAL INTERNET SPEED RANKING
Sri Lanka is ranked 68th globally in terms of broadband internet speeds with an average connection speed of 8.5 Mbps, according to a report issued by
TASK FORCE FOR 2025 TOURISM VISION
A 13-member high-profile task force has been appointed by Prime Minister Ranil Wickremesinghe to drive Sri Lanka’s 2025 vision for the tourism
LEADING DESTINATION IN ASIA
Sri Lanka took the title of leading destination for the region at the World Travel Awards Asia and Australasia 2017. While reflecting the island’s range
RENEWABLE ENERGY IN THE NORTH
Sri Lanka is planning to build a hybrid energy park for 240 megawatts (MW) of wind power and 800 MW in solar power plants in Pooneryn with
FOCUS ON PROMOTING INVESTMENTS
Tax experts and economists have recommended that Sri Lanka be positioned as an investment destination with the right macroeconomic fundamentals
DIRECT FLIGHTS TO MELBOURNE
The national carrier of Sri Lanka and member of the oneworld alliance will be commencing daily non-stop services to Melbourne from 29 October
WORST FLOODS IN OVER A DECADE
The recent floods have spread to several parts of Sri Lanka with a death toll of over 170 people as of now. More than 1,800 homes have been affected
INFLATION DECELERATES IN APRIL
Sri Lanka’s inflation slowed to 8.4 percent in April from an over two-year high of 8.6 percent in March, according to the Central Bank of Sri Lanka.
MALAYSIA TO FUND LEISURE SECTOR
Malaysia’s government and private sector are looking at investing nearly US$ 300 million in theme parks and other leisure segments
FERTILITY RATES ON THE INCREASE
The total fertility rate in Sri Lanka had increased to 2.4 in 2011 from 1.9 in 1998 with experts arguing that if strategies are not implemented
STATE TAX PLANS FOR E-COMMERCE
The Sri Lankan government revealed plans to impose taxes on online transactions to exploit the growing e-commerce sector in the country
LONG-TERM VISAS IN THE OFFING
Government sources indicate that regulations are likely to be relaxed vis-à-vis the issuing
