Development and Economic News
Sri Lanka to export first consignment of sour plantains to Dubai this week
Sri Lanka's first organic sour banana harvest is to be exported to the Dubai market in the next few days, the Agriculture Ministry said in a media release.
ILO steps in to enhance private sector investments in the North.
The Northern Province Governor’s Office, International Labour Organisation (ILO) and Ernst & Young (EY) collaborated to organise stakeholder meetings on generating investment-driven growth in the Northern Province.
Rates slump most in a week on positive sentiments after IMF Board approval
Prime lending rate falls by 204 basis points to settle at 21.74%
It has fallen cumulative 550 basis points since the end of last year
Sri Lanka to explore areas of cooperation with Okinawa
As the first Sri Lankan envoy to undertake an official visit to Okinawa, Ambassador E. Rodney M. Perera called on the Governor of the Prefecture of Okinawa in Naha, Denny Tamaki, in order to establish fruitful links of cooperation between Sri Lanka and Okinawa.
Inflation drops by 35.3% in April
The Department of Census and Statistics yesterday said that inflation in Colombo has dropped to 35.3 percent in April.
Whistleblower alleges canned fish unfit for human consumption being sold through Sathosa
Former Consumer Affairs Authority (CAA) Executive Director Thushan Gunawardena 29th of April alleged that the Ministry of Trade has informed the Lanka Sathosa to sell canned fish unfit for human consumption through its outlets in 2021.
Fuel prices reduced from tonight
The Power and Energy Minister has decided to reduce the retail prices of Lanka Petrol 92 Octane, Lanka Petrol 95 Octane Euro 4, Lanka Auto Diesel and Lanka Super Diesel 4 Star Euro 4 from tonight.
New laws to be introduced to transform Sri Lanka as a green economy
New laws are to be introduced to transform Sri Lanka as a green economy.in the coming years to find ways and meas to a hive this objective this issue
BOI puts the final touch on the online - CUSDEC System
The hallmark of the FDI destination is to create an investor-centric customer service design. The need for such a design will serve the multifaceted needs of investors. Further, it will lead the system to the next level amidst Industry 4.0.
Sri Lanka Apparel exports down to 3 year low in March
Apparel exports in March hit a three year low reinforcing the tough times faced by the industry.