Strategic Project Act to be suspended under tax incentive reforms
The government has taken a firm policy decision to suspend the Strategic Development Projects (SDP) Act until the structures and processes are in place, and on the long term replace it with a new law, the Finance Ministry‘s fiscal policy department sources said.
Sri Lanka’s Central Hills one-fifth of land prone to landslides
One–fifth of Sri Lanka’s total landmass, particularly the areas in the central hills- is prone to landslides according to a study by the National Building Research Organization (NBRO).
North to south ‘Race The Pearl’ concludes high lighting sports tourism
The north to south 24-hour ultra-endurance “Race The Pearl” concluded with several key international names boosting Sri Lanka’s sports tourism potential.
Tourist arrivals in Sri Lanka recordsa new high of 1.1 millon this momth
In a significant leap towards recovery, Sri Lanka celebrated the arrival of over 1.1 million tourists, rekindling hopes of achieving the ambitious target of 1.55 million arrivals by the end of the year.
Mike Pence: Former US Vice President withdraws from 2024 presidential race
Former US Vice President Mike Pence has withdrawn from the 2024 presidential race, saying "this is not my time".
Matthew Perry: Friends TV comedy star dies at 54 - US reports
US actor Matthew Perry, best known for playing Chandler Bing in the hit '90s TV sitcom Friends, has died at the age of 54, US media report.
Government renews Indian Oil licence in Sri Lanka
The Government has renewed the Petroleum Products licence of Lanka IOC PLC for 20 years more with effect from 22 January 2024.
Georgia explores trade links with Sri Lanka’s agriculture sector
Georgian business delegation explores enhanced trade links with Sri Lanka’s agriculture sector
Tourist arrivals in Sri Lanka top 1.1 millon highest number since 2019
In a significant leap towards recovery, Sri Lanka celebrated the arrival of over 1.1 million tourists, rekindling hopes of achieving the ambitious target of 1.55 million arrivals by the end of the year.
Sri Lanka enhances trade across South, Southeast and East Asia
In a strategic move to revitalise Sri Lanka’s domestic economy, the Government said yesterday it is placing a strong emphasis on two key components: expanding supply capacity and broadening market access.
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Heart to Heart donates medicines worth of US$2.9 million to Sri Lanka
US based Heart to Heart International has made another donation of urgent medical aid, worth an approximate of US$2.9 million (Rs 985 million), to the people of Sri Lanka.
Donald Trump and children to testify in fraud case
Donald Trump and three of his children will soon take the stand in a New York business fraud case.
Maine mass shooting suspect found dead - police
A man suspected of killing 18 people in a shooting in Maine has been found dead after a three-day manhunt, police say.
SL faces limitations in available land for industrial purposes: Minister
While saying that Sri Lanka faces limitations in the available land for industrial purposes, hindering the growth of the industrial sector, Minister of Industry and Health, Dr. Ramesh Pathirana stated that measures are being taken to expand industrial land allocation, with a target of dedicating 1% of the nation's total land area for industrial purposes.