The Embassy of Sri Lanka in Brussels, in collaboration with the Sri Lanka Export Development Board (EDB), organised an online briefing session on the EU Strategy for Sustainable and Circular Textiles on 20 July 2023.

Sri Lanka is set to introduce an electronic vehicle policy called e-mobility IST in collaboration with the Environment Ministry and the Transport Ministry, Plantation Industries and Industries Minister Dr. Ramesh Pathirana disclosed

Eight Sri Lankan business conglomerates have signed agreements to pursue commercial mediation to settle disputes as opposed to always using litigation, a move that will help make the Sri Lankan judicial system more efficient and effective by reducing case backlogs.

Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price rupees per SqFt has remained steady and in the four months ending June 2023, the suburban apartment selling prices dollars per SqFt have shown a consistent increase.

• Sri Lanka relaxes capital controls for first time in over 3 years
• Restrictions on outward remittances have been in effect since April 2020
• New Order will be valid for six months from June 28, 2023

Tourist arrivals to Sri Lanka in the first 23 days of July topped the 100, 000 mark, the data released by Sri Lanka Tourism Development Authority showed.

Sri Lanka has sought financial cooperation from four countries - India, China, Russia and Belarus - for electrification of the Kelaniweli rail line from Colombo to Avissawella but no one has come up with any concrete investment proposal yet, Minister Bandula Gunawardane said.

Sri Lanka will import one million eggs per day from five selected chicken farms in Tamil Nadu, India to be sold through the state–run retail chain called ‘Lanka SATHOSA’ primarily in the Western Province to address the shortage, an official said