Sri Lanka’s Ceypetco has issued a tender to buy 500 ppm Sulphur gasoil contract cargoes for the first time in more than a year, a tender document on the company’s website showed on Monday.

The Commissioner General of the Inland Revenue Department, D.R.S. Hapuarachchi says that the department has collected Rs. 316 billion as tax revenue during the first quarter of the year 2023.

Sri Lanka’s Trincomalee port in the North East coast of the island has started night operations with equipment granted by the government of Japan, the Ministry of Ports and Aviation said.

According to a survey conducted by the National Physical Planning Department in Sri Lanka, urbanization in Sri Lanka has increased to 45 percent.

Minister of Agriculture Mahinda Amaraweera says the government’s attention has been focused on providing a financial subsidy to the farmers who are cultivating paddy during the Yala season.

An agreement to the tune of USD 400 million was signed yesterday to build South Asia’s largest Commercial and Logistics Hub at the center of the Colombo Harbour.

Sri Lanka’s plan for a voluntary restructuring of its domestic debt is finding few takers from local banks worried about a hit to their capital, raising the risk of a delay in the country’s financial rescue.

SriLankan Airlines yesterday said that the five aircraft are on ground owing to a global shortage and not because of a lack of finances as incorrectly stated in some news reports.

Export Development Board is set introduce New National Export Strategy for 2023-2027 reviving the existing Strategy 2018-2022 developed to address the major systemic, policy, regulations, market-entry and compliance issues New EDB Chairman Kingsley Bernard disclosed.