Israel removes severe travel warning for Sri Lanka beach town of Arugam Bay
National Security Council Israel lowers threat level for Arugam Bay area from 4 to 2, after suspects arrested in connection to IRGC plot to kill Israelis Israeli authorities Wednesday eased a travel warning for Sri Lanka on Wednesday, some three weeks after cautioning tourists at a popular beach town of an imminent terrorist threat.
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Customs officers temporarily call of trade union action
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CNL Reporter
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November 14, 2024
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News
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Customs
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The Sri Lanka Customs Trade Union Alliance says that the decision taken by the customs officers to only carry out the activities related to their respective duties has been temporarily suspended.
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Five liquor distilleries given deadline to pay arrears taxes – AG tells court
The Attorney General has informed the Supreme Court that the Department of Excise has decided to suspend the licenses of five liquor manufacturers, including W.M. Mendis & Co. Ltd., if they fail to pay arrears taxes before November 30, 2024.
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JICA plans new support for Sri Lanka’s estate sector
Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the social and economic conditions of the estate communities.
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Government to compile detailed SME loan report to plan relief measures
The government has planned to compile a detailed report on loans taken by Small and Medium-sized Enterprises (SMEs) across the country to help create relief measures for the businesses struggling with debt.
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BOI to facilitate risk mitigation to SAARC members through dedicated industrial parks
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CNL Reporter
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November 13, 2024
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Business News
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BOI, SAARC
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Proposed country-specific industrial parks is aimed at addressing concerns around economic and political risks associated with single-market operations Effort expected to foster bilateral trade, reduce investment risk, and create new avenues for economic cooperation New BOI Chief points out inter-regional trade remains at negligible levels of around five percent of overall trade in the region, in contrast to the 32 …
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Large number of candidates costs state coffers dearly
The presence of a large number of candidates has cost the election authorities dearly in terms of additional expenses for extra counting centres, documentation work, and ballot paper printing, an official said yesterday.
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New Government to review Pavithra’s gazette on Vidataltivu Nature Reserve
The Attorney General has informed the Supreme Court that the new government intends to review the Extraordinary Gazette notification issued by former Wildlife Minister Pavithra Wanniarachchi, which altered the boundaries of the Vidataltivu Nature Reserve to facilitate an aquaculture project.
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Sri Lanka to rank among the world’s fastest-growing travel destinations
Sri Lanka is expected to rank among the world’s fastest-growing travel destinations in 2025, with tourism spending forecasted to increase by 40 percent, according to the 2024 WTM Global Travel Report, published in partnership with Tourism Economics.
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HVA Foods partners Müggenburg Group Germany
HVA Foods PLC, a member of the George Steuart Group, announces its exclusive distributor partnership with Müggenburg Group, Germany, a renowned family-owned company with over 80 years of expertise in high-quality herbs and botanicals.
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