The Chamber of Young Lankan Entrepreneurs (COYLE) called on the government to bring the Comprehensive Economic Partnership Agreement (CEPA) document into the open if it is beneficial to the country as claimed.
Prime Minister Ranil Wickremesinghe asserted that the private sector and pseudo nationalists must move away from crony capitalism and the resultant protectionist mindset in order to take the country down the road of development.
The country’s economy must be driven on exports instead of roads, and Sri Lanka should aim at achieving exports equivalent to 100 percent of the Gross Domestic Product in the long term, Policy Planning and Economic Affairs Deputy Minister Dr. Harsha de Silva said.
Shreepati Edifice (Pvt.) Ltd, a unit of leading Indian real estate developer Shreepati group, has signed an agreement with Sri Lanka’s Board of Investment (BoI) to invest US $ 330 million to construct a mixed development project named ‘1996 Iconic Tower’.
The Sri Lankan government yesterday signed a memorandum of understanding (MoU) with tech giant Google Inc. to make Sri Lanka the first country in the world to have universal Wi-Fi Internet access through solar powered balloons of the Google Loon project...
?The United National Party, which is heading the United National Front for Good Governance coalition in the upcoming polls, outlined its 5-year manifesto based on 5 pillars, which included economic, educational, social and infrastructure development as well as eliminating corruption.
?The filling of water into Phase II of the Hambantota Port was initiated on Saturday by Ports, Shipping and Aviation Minister Arjuna Ranatunga at a simple ceremony which lacked the pomp and majesty of similar occasions in the past.
?AFP: All eyes were on the European Central Bank (ECB) yesterday following the resounding ‘No’ in the Greek referendum, with the ECB seen as the only institution capable of calming market panic and preventing the Greek economy from collapsing.
?A young girl holds a ballot during the Greek referendum in Athens. Greek voters headed to the polls yesterday to vote in a historic, tightly fought referendum on whether to accept worsening austerity in exchange for more bailout funds, in a gamble that could see it crash out of the euro
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Russian embassy urges citizens to stay vigilant in Arugam Bay
US Embassy issues travel warning for Arugam Bay
Sri Lanka may face another economic turmoil: Sajith