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Sri Lanka should modernize agricultural sector to boost Forex

Sri Lanka, Feb. 21 -- Sri Lanka should look at modernizing the agricultural sector as it could become a very high FOREX earner and also help towards food security, said Minister of Agriculture and and... Read More


Port Access Elevated Highway to be opened in October 2024

Sri Lanka, Feb. 19 -- The much awaited and the long overdue South Asia Sub regional Economic Cooperation (SASEC) Port Access Elevated Highway (PAEH) Project directly linking the Colombo harbour and th... Read More


Sri Lanka Tourism set to rake in over Rs. 7 Bn in 2024

Sri Lanka, Feb. 15 -- Sri Lanka Tourism is set to obtain over Rs. 7 billion from tourism receipts this year, said Director General Sri Lanka Tourism Development Authority (SLTDA) Nalin Perera yesterda... Read More


Sri Lanka, Mauritius jointly launch Indian UPI service

Sri Lanka, Feb. 13 -- Creating ICT history in Sri Lanka and supporting the government initiative in moving towards a digital economy, Sri Lanka and Mauritius jointly launched and accepted Indian based... Read More


Special zone to relocate all Tannery industries

Sri Lanka, Feb. 12 -- In a bid to overcome environmental issues the Industries Ministry will create a special zone to relocate all Tannery industries (place where the skins are processed) to Valaichen... Read More


Jetwing Jaffna goes for Rs. 500 m expansion

Sri Lanka, Feb. 4 -- Jetwing Jaffna, the seven-storey 55-room, star class hotel in the heart of the city, will invest over Rs. 500 million to add the much awaited new wing to the hotel. Also known as... Read More


Colombo Port to turn green by 2030

Sri Lanka, Feb. 2 -- The Colombo Port would be converted to a green port by 2030 and initiatives towards this are now taking place, Chairman, Sri Lanka Ports Authority (SLPA) Keeth Bernard told the Po... Read More


Sri Lanka - Iran 'tea-for-oil' barter agreement making strong progress

Sri Lanka, Feb. 1 -- The ongoing Sri Lanka and Iran 'tea-for-oil' barter agreement is now making strong progress and Sri Lanka has already settled over USD 20 million to Iran. "This agreement was to s... Read More


BOI endorses US$ 2 Billion investment deals in 2023

Sri Lanka, Jan. 28 -- The Board of Investment (BOI) signed both local and foreign investment deals to the tune of US$ 2 billion last year, said Chairman BOI, Dinesh Weerakkody. This is despite intern... Read More