PATA Chief says Sri Lanka’s tourism sector charts pathway to growth
Pacific Asia Travel Association (PATA) CEO Noor Ahmad last Friday said Sri Lanka’s tourism sector is charting a path towards prosperity and growth, whilst praising its unique offerings and need for innovation and collaboration.
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Treasury Secretary gets Authority to borrow and issue debt securities
The authority to borrow and issue debt securities, both domestically and internationally, in local or foreign currency on behalf of the Government of Sri Lanka, has been delegated to the Secretary of the Treasury.
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Licence ready, Elon Musk’s Starlink yet to import devices to start operation
Despite Elon Musk’s Starlink, the satellite unit of SpaceX, being granted licence to operate in Sri Lanka, the organization is yet to apply for the import of devices to be used in connecting to the service, a top source said.
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Western province leads economic contribution to 2023 GDP with 43.7% share
North Western and Central provinces accounted for 10.9% and 10.3%, respectively
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Sri Lanka cracks down on Fraudulent Financial Schemes
News of the Week
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“Central Bank Announces Relief Measures for Struggling Sri Lankan SMEs”
Behind the News
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Deputy Minister discusses challenges hindering Sri Lankan industries’ growth with WB officials
Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe has met with the World Bank’s Country Manager,
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Government extends rice importation period
The government has announced its decision to extend the period for rice importation until January 10, 2025, with the final agreement expected to be confirmed at the Cabinet meeting scheduled for Monday (23).
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SL Audit exposes Rs. 2.66 b loss in electric vehicle permit scheme
The National Audit Office has uncovered significant financial losses amounting to Rs. 2.66 billion and a systemic mismanagement in the former administration’s electric vehicle import
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Coconut production dropped 17.8-pct in September
Coconut production in Sri Lanka declined by 17.8 percent in September this year compared to September 2023, central bank data showed.
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