SL Vote on Account’s Revenue gains to fall short of spending increase
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year,.
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Sri Lanka, India plan second ferry connection
Sri Lanka and India have discussed resuming a second passenger ferry service between the island and the sub-continent during President Anura Dissanayake’s state visit.
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Sri Lanka’s bondholders sign off on USD 12.55 billion debt overhaul
Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation’s debt rework.
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India to supply LNG for Sri Lanka’s power plants
India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the power grids of the two countries as well as lay a petroleum pipeline between the neighbours,
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Doing business ecosystem gains momentum in Sri Lanka
Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently visited the Board of Investment (BOI) and conducted the first meeting with senior management.
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Gem industry struggles amidst high taxes, illegal practices
The Central Bank of Sri Lanka (CB), through its Financial Intelligence Unit (FIU),
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Government to discuss Mihin Lanka financial liabilities this week
The controversial budget airline launched during the previous Mahinda Rajapaksa administration, Mihin Lanka’s financial liabilities are set for discussion this week,
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Sri Lanka welcomes over 1.9 m tourists, eyes record-breaking year
Sri Lanka Tourism Development Authority (SLTDA) Chairman Buddhika Hewawasam on Saturday said the sector is on track to end 2024 on a high,
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Super luxury AIDAstella cruise makes her maiden call to Sri Lanka
Super luxury passenger vessel M.V. AIDAstella of AIDA Cruises, with 2,139 passengers and 640 crew on board, made her maiden call at the Port of Colombo on 11th December 2024.
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India and Sri Lanka discuss economy, security and tourism
Kicking off his three-day official visit to India, President Anura Kumara Dissanayake had discussions with top Indian Ministers, which focused on the economy, regional security and tourism.
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