Development and Economic News

  • SL welcomes 138,405 international tourists in August
  • January-August arrivals recorded at 904,318

Health officials have made conflicting statements regarding the availability of contact lenses within the hospital system, as well as the potential for delays in surgeries

In a bid to achieve a sustainable and greener future, the Power and Energy Ministry unveiled the National Hydrogen Roadmap last week.

One of the world's largest shipping companies 'Far Shipping' has agreed to provide employment opportunities for Sri Lankan trained seafarers, Ports, Shipping and Aviation Minister Nimal Siripala de Silva said.

Monday, 04 September 2023 09:50

Digital Nomad Visa to boost tourism industry

In a proactive move to bolster the tourism sector and attract a new wave of remote workers, the Cabinet of Ministers has given its seal of approval to a range of visa programs, including a novel offering known as the “Digital Nomad Visa” (DNV).

The Finance Ministry is set to introduce an efficient and proper refunding mechanism consequent to the removal of the Simplified Value Added Tax (SVAT) system reverting to the normal VAT scheme.

Sri Lanka’s Power Sector Reforms Secretariat (PSRS) is now functioning at the Power and Energy Ministry to kick-start the Ceylon Electricity Board (CEB) restructuring process next month.

National carrier’s latest global promotions endeavour spotlights country’s vibrant north

Sinopec Energy Lanka yesterday announced revised fuel prices, but with a competitive edge over other two established players in the market — Ceylon Petroleum Corporation (CEYPETCO) and the Lanka Indian Oil Corporation (LIOC).

Friday, 01 September 2023 10:47

New online database for state vehicles

State vehicles will need to be registered in a Finance Ministry web-based platform before December 31, according to a Treasury directive.

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