Sri Lanka’s Tea Industry to penetrate lucrative Chinese market
Sri Lanka’s Tea Industry with options for expansion is to be guided towards penetrating Lucrative Chinese market by introducing immediate export promotion strategy Sri Lankan Ambassador in China Dr. Palitha Kohona said.
EU calls for the government to eliminate import restrictions
The EU has urged Sri Lanka to lift the import restrictions, preventing many European products from entering its market.
SL’s first social innovation lab, Citra to innovate public service delivery
Sri Lanka’s first social innovation lab, Citra, joins hands with the National Innovation Agency to implement innovative approaches in public service delivery.
Sri Lanka chicken and egg issue focusses on Indian import controversy
Imported eggs from India have begun to appear in Sri Lankan markets priced at 35 rupees per egg although initially intended for use only in the cake and biscuit industry, later these eggs became available to consumers as well, official sources said.
Published in Development and Economic News
Ecuador’s president dissolves National Assembly
Ecuadorian President Guillermo Lasso invokes a "mutual death" constitutional clause, to dissolve the National Assembly before an impeachment vote against him.
SL SOE restructure gets underway in two months
The Government is to proceed with a proposal to restructure public enterprises, based on a Cabinet paper put forward by President Ranil Wickremesinghe.
Port City Colombo begins construction stage attracting over US$ 14 billion
Port City Colombo (PCC), the ground-breaking infrastructure project aimed at reshaping Sri Lanka's economic landscape, celebrated a momentous milestone as its infrastructure development phase nears completion and commercialization is set to begin.
Government launches a housing project exclusively for expatriate workers
Sri Lanka government sticking to its watch word of ‘walk the talk’ is now set to fulfill a pledge given to expatriate workers by implementing a housing project exclusively for expatriate workers.
Japan provides US $ 4.6 million via FAO to boost SL paddy production
The Government of Japan provides US$ 4.6 million through FAO to boost paddy production in the dry and intermediate zones of Sri Lanka
New Zealand hostel fire: At least six dead and more missing in Wellington
At least six people have died and others remain unaccounted for following a fire in a hostel, New Zealand's prime minister has told local media.
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Ukraine war: Kyiv hit by 'exceptional' number of missiles
The Ukrainian capital Kyiv has been targeted by further Russian air attacks, described by one official as "exceptional in density".
BOC posts subdued 1Q performance amid unprecedented challenges
Bank of Ceylon (BOC) has reported Rs.3.3 billion of profit before tax for the three-month period ended on March 31, 2023, amidst the unprecedented challenges continued to prevail from the previous year.
Catholic Church denounces Pastor Jerome Fernando
We have nothing to do with Pastor Jerome Fernando. He does not belong to the Catholic Church. We also denounce the statement he has made against Buddhism and other religions
Public Enterprise Restructuring Policy to be implemented
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to proceed with the restructuring of public enterprises based on the policy Proposal which has been drawn up by the Public Enterprises Restructuring Unit.