Tourism ministry received the Cabinet nod yesterday to promote Sri Lanka as a favourable destination for digital tourists, an effort that would assist the hard hit industry to steer though the new normal.

Dubai-based carrier, Emirates has extended suspension of flights from four countries in South Asia, including Sri Lanka, from 14 Jul to 21 of July.

An oil spill incident was reported at the Hambantota International Port yesterday evening around 6 PM.

Vaccination drive for the tourism industry kicked off over the weekend and over 1000 employees attached to the sector in the Hambantota District received their first jab.

The Central Bank today said local companies barring companies engaged in the finance business are permitted to purchase International Sovereign Bonds (ISBs) issued by the Sri Lankan government in the secondary market.

Additional interest up to 2 percent per annum will be extended for two years for Special Deposit Accounts (SDAs), the Central Bank said today.

The government issued a special gazette notification earlier today establishing a new ministry.

Tourists will be able to visit Sri Lanka with relaxed rules and regulations despite the rapid spread of COVID-19 as per the renewed health guidelines issued by the government.

The Hambantota International Port Group (HIPG) will soon be able to facilitate manufacturing of home appliances within 12 months due to a number of efforts taken to streamline the processes within the facility

National carrier SriLankan Airlines will resume flights to the Russian capital, Moscow from 30 July where it will operate a weekly scheduled flight between Colombo’s Bandaranaike International Airport (BIA) and Moscow’s Domodedovo Airport (DME).

Sri Lanka Retailers’ Association (SLRA) joined the bandwagon in requesting relief from the government so they are able to stay afloat and steer through the ongoing crisis.

The government’s efforts in expediting the vaccination drive across the country was well received by the local business community as it is the only viable path to facilitate the reopening of the country, Sri Lanka’s largest oldest business chambe

The Covid-19 Intermediate Care Center at the Katunayaka Free Trade Zone was inaugurated yesterday by the Board of Investment (BOI) Chairman Sanjaya Mohottala.

Janashakthi Insurance PLC has appointed ace cricketer Mahela Jayawardene to its board of directors as a Non-Executive/Independent Director with effect from July 5, 2021.

Sri Lanka’s inoculation drive for COVID-19 will pick up pace as the first batch of the 800,000 Pfizer vaccine doses, financed by the World Bank (WB) arrived in the country earlier today.

District Farmers’ representatives came forward today to pledge their commitment to return to environment friendly farming practices and have urged President Gotabaya Rajapaksa to not reverse the decision to ban chemical fertilizers.

In a move to boost the capital markets in Sri Lanka, the Colombo Stock Exchange (CSE) entered into an MoU with CHEC Port City earlier today, so that a regionally recognized financial exchange is established within the country’s borders.

The Cabinet of Ministers this week granted approval to obtain U$ $150 million loan from the Asian Development Bank (ADB) to roll out ‘Responsive COVID-19 Vaccines for Recovery Project’, which includes funding for vaccinations.

Sri Lanka came under the fresh international spotlight with a team from the University of Colombo (UoC) bagging the World Trade Institute’s (WTI) 2021 John H. Jackson Moot Court Competition.

National carrier SriLankan Airlines has become the first carrier in the South Asian region to receive the Diamond accreditation from Airline Passengers Experience Association (APEX) and SimpliFlying, an upgrade received for the added measures taken t

The Central Bank of Sri Lanka (CBSL) issued a statement to the media a short while ago on concerns raised regarding the foreign currency liquidity issue in the domestic market.

Northern province city, Jaffna will soon see the establishment of startup incubators to support budding entrepreneurs with the Prime Minister’s office having initiated the dialogue in this regard with the Mayor of Jaffna earlier today.

China allows Sri Lankan fish imports

Sri Lanka inked a loan agreement amounting to US$ 100 million with India earlier today to increase the proportion of renewable energy sources to the national grid.

Emirates said Dubai’s government would continue to support the airline through the coronavirus pandemic after posting an annual loss of $5.5 billion, its first in more than three decades.

The Hambantota Port will be developed to become a strategic energy center in Sri Lanka with the Ceylon Petroleum Corporation (CPC) and the Hambantota International Port Group (HIPG) having entered into an MoU.

Increasing number of children are at risk with global child labour figures expanding by 8.4 million within the last four years, the International Labour Organisation (ILO) warned.

Virtusa Corporation today announced the appointment of Santosh Thomas as its new Chief Executive Officer (CEO).

The government called on businesses to carry out operations in a manner in which they do not violate the health protocols since the economy cannot handle a complete lockdown in the current circumstances.

The Export Development Board (EDB) called on international component manufacturers to relocate their operations in Sri Lanka as they will be able to reap the benefits of the country’s skilled and inexpensive workforce.