TOURIST ARRIVALS REACH AN ALL-TIME HIGH
The Sri Lanka Tourism Development Authority has released data indicating an all-time high of 2,116,407 tourist arrivals in Sri Lanka
RS. 22 BILLION BUDGET SURPLUS: TREASURY
The Ministry of Finance and Mass Media announced a surplus of Rs. 21.9 billion in the primary balance of the government’s fiscal accounts for the first 10 months
DEVELOPING A DIGITAL ECONOMY STRATEGY
The Ministry of Telecommunication and Digital Infrastructure has tasked consultancy firm McKinsey & Company with an 11 week assignment
DECISION TO RAISE US$ 5 BILLION VIA BONDS
The Sri Lankan cabinet has approved a decision to raise US$ 5 billion through bond issues in 2018 after a foreign debt accumulation of nearly 30 billion rupees, according to Central Bank of Sri Lanka (CBSL) figures.
OPEC ADDITIONAL LOAN FOR DEVELOPMENT
The Kalu Ganga Development Project is being implemented by the Ministry of Mahaweli Development and Environment with the financial assistance of the Saudi Fund
SOCIAL MEDIA USAGE STATS IN SRI LANKA
There are about six million social media users in Sri Lanka, Deputy Minister of Vocational Training and Skills Development Karunarathna Paranawithana
COLOMBO AIR SYMPOSIUM 2017 CONCLUDES
Colombo Air Symposium 2017, held under the theme ‘Air Power in Addressing Asymmetric Threats,’ came to a conclusion last week.
CENTRAL BANK GOVERNOR OF THE YEAR
The Central Bank of Sri Lanka’s Governor Dr. Indrajit Coomaraswamy was named the Central Bank Governor of the Year (South Asia) at the Global
GENERATING POWER USING OCEAN WAVES
Finnish company AW Energy’s CEO John Liljelund recently indicated a willingness to share experience and technology to generate power
GALLE DIALOGUE 2017 SESSIONS BEGIN
The Galle Dialogue 2017 annual International Maritime Conference organised by the Sri Lanka Navy for the eighth consecutive year began
COLOMBO TO BE FREE OF SLUMS BY 2023
Minister of Megapolis and Western Development Patali Champika Ranawaka, while addressing a gathering at a ceremony to mark Universal Children’s Day
FINANCIAL SECTOR MODERNISATION PLAN
The IDA of the World Bank will reportedly provide Sri Lanka with US$ 75 million (approximately Rs. 11,400 million) in funds for the implementation
IMF REVIEWS NEW INLAND REVENUE ACT
The passage of the landmark Inland Revenue Act is a major achievement that in turn will support the government’s ambitious social and developmental
WORLD HABITAT DAY COMMEMORATION
A ceremony was held in Matara under the patronage of Ministers Mangala Samaraweera and Sajith Premadasa to celebrate World Habitat Day 2017.
PLAN TO ERADICATE RABIES IN SRI LANKA
The government has allocated Rs. 460 million this year to curb the spread of rabies while steps are being taken to completely eradicate the disease from the
DRAFT REPORT ON NEW CONSTITUTION
President Maithripala Sirisena recently emphasised that the draft report on new constitutional proposals does not in any way promote the concept of a federal state.
DEMOGRAPHIC AND HEALTH SURVEY 2016
The report of the Demographic and Health Survey 2016 – which was jointly conducted by the Department of Census and Statistics, and the Ministry of Health, Nutrition and Indigenous Medicine – was launched recently
SPORTS TO DEVELOP OUR IDENTITY: PM
Addressing a gathering at the opening ceremony of the 43rd National Sports Festival, Prime Minister Ranil Wickremesinghe stated that the government expects to further develop Sri Lanka’s identity through sports in the future
‘NATURAL CAPITAL’ TOURISM CAMPAIGN
A tourism promotion talk on the ‘Natural Capital of Sri Lanka’ focussing on birds and mammals was held at the Sri Lankan High Commission in Australia, gathering a number of Australian wildlife enthusiasts. The event
INTERNATIONAL MARINE CONFERENCE
The Galle Dialogue 2017: International Maritime Conference will be conducted on 9 and 10 October in Colombo. This year’s conference is held under the theme of ‘Greater Maritime