Cabinet nod to prepare Bill to amend Consumer Affairs Authority Act
editorThe Cabinet of Ministers on Tuesday approved the proposal to expedite the preparation of a Bill to amend the Consumer Affairs Authority Act No. 9 of 2003, following the observations received from the Attorney General.
Govt. to set up 25 District Industry Promotion Councils
25 ‘District Industry Promotion Councils’ will be set up across the country, to address the challenges faced by locally established micro, small and medium-scale enterprises (MSMEs) with the approval of the Cabinet of Ministers on Tuesday..
New solar power venture in Batticaloa with Rs. 2.2 billion investment
Suryashakthi Ltd., has signed a Power Purchase Agreement for the development of the 10MW Vavunathivu II Solar Power Project in Batticaloa.
The Cabinet of Ministers at its meeting on Tuesday approved a proposal by President Ranil Wickremesinghe to commence negotiations for a Free Trade Agreement (FTA) with Malaysia.
Economic literacy for youth via puppetry carnival on Friday in Galle
Power of Play Ltd., a company utilising performing arts for advocacy - is partnering with Advocata Institute and Sahana Social Development Alliance to provide Sri Lankan youth in Galle and Matara with an innovative opportunity to increase their economic literacy and communication skills, via the performing arts of theatre and puppetry.
The Planters’ Association of Ceylon (PA) yesterday confirmed that it has no option but to continue to oppose the sudden Wages Board decree to increase the fixed wage of tea and
National Tariff Policy implementation to begin in 3-phases from January 2025
editor
New policy aims to establish stable, predictable tariff framework, boosting competitive edge for trade and investment in Sri Lanka
The Cabinet of Ministers has approved a proposal to issue a new rule under clause 22(1) of the Foreign Exchange Act No. 12 of 2017.
Dozens dead as fire engulfs Kuwait residential block
At least 49 people have been killed in a fire at a residential building in the Kuwaiti city of Mangaf, the country's Interior Ministry says.
US inflation cools and interest rates held
Consumer price rises in the US eased slightly last month, official data has suggested, ahead of a decision to maintain interest rate levels at a 23-year high.
More...
Expert Committee on Memorialization Hands Over Report to President
The Expert Committee to make recommendations to commemorate those who died as a result of the armed conflict, political unrest,
IMF reforms extremely impacts citizens, SMEs, women and the poor in SL-International Economic Experts
Internationally renowned economic experts who gathered in Colombo ruled that the burden of economic reforms imposed by the International Monetary Fund (IMF) disproportionately impacts ordinary people, small and medium enterprises, and specially women from low-income households.
IMF allows authorities to draw US$ 336 mn following second review completion
The Intentional Monetary Fund (IMF) announced the completion of the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing Sri Lanka to draw SDR 254 million (about US$336 million).
IMF approves third tranche of Sri Lanka bailout after second review
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million).