Development and Economic News

The Cabinet of Ministers has recently approved President Ranil Wickremesinghe’s Cabinet Memorandum to implement the “National Agenda for Anti-Corruption.”

The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand and Sri Lanka’s Finance Ministry, have signed a Record of Discussion (RoD) to launch a Capacity Building Program for officials attached to forthcoming Public Debt Management Office (PDMO).

The Securities and Exchange Commission of Sri Lanka (SEC) and the Capital Market Development Authority of Maldives (CMDA) signed a landmark Memorandum of Understanding (MOU) on 21st July 2024 in Malé.

A total of 153,000 young people enrolled in over 3,600 government and non-government institutions for skills training sessions in 2023, Education Minister Susil Premajayantha said.

The Cabinet of Ministers has green lighted a proposal to provide relief to the people who have pawned gold jewelery in banks.

State Minister of Finance Shehan Semasinghe yesterday announced that the Government successfully paid off a debt of Rs. 129 billion in the first six months of 2024.

The Consumer Affairs Authority (CAA) has stated that it will be carrying out a series of special raids, to identify vendors who are not passing on the benefits from the recent electricity tariff, LP Gas, and fuel price reduction to the consumers.

The Cabinet of Ministers has approved awarding of the contract to Plusgrade Inc., for a duration of five years, to continue its partnership with the national carrier, SriLankan Airlines Ltd., to provide bidding services and related ancillary services for automatic booking of upper-class seats.

In a significant step towards transforming the agricultural sector, the Government has decided the implementation of the second phase of the Agriculture Modernisation Program.

Fitch Ratings yesterday announced it has chosen to withdraw the rating of SriLankan Airlines for commercial reasons and therefore will no longer provide ratings or analytical coverage for the national carrier.

Page 1 of 84

World News

Latest World News

There are 35832 listings and 1274 categories in our website