'SL Tourism to formulate US$ 100 mn insurance fund'

Sri Lanka, May 13 -- Sri Lanka Tourism will soon formulate a US $ 100 million insurance fund to pay compensation to any tourist who suffer injury or death while visiting Sri Lanka, said Minister of To... Read More

Relief package to strengthen tourism sector

Sri Lanka, May 8 -- The cabinet yesterday approved a 'relief package' to strengthen the tourism industry affected by the Easter Sunday attacks. State Minister for Finance Eran Wickramaratne said that... Read More

Sri Lanka Tourism to bounce back soon

Sri Lanka, May 7 -- Sri Lankan tourism will bounce back to its growth momentum in less than 13 months if there are no more attacks, said Chairman, Sri Lanka Tourism Promotions Bureau (SLTPB) Kishu Gom... Read More

NLDB invests over Rs. 400 mn in 2019 for expansion

Sri Lanka, May 6 -- The National Livestock Development Board (NLDB), would invest over Rs. 400 million in 2019, to add new plants, infrastructure and value added products. This investment also include... Read More

Measures to rebuild tourism industry

Sri Lanka, April 24 -- Sri Lanka's tourism industry will take several measures to rebuild the industry which got severely affected after several blasts went off across the island including a few major... Read More

Five Star Hotels to recommence business soon

Sri Lanka, April 23 -- Shangri- La Hotel Colombo and Kingsbury Hotel Colombo said that they will be back to business soon despite Easter Sunday terror attacks. The third hotel, Cinnamon Grand which wa... Read More

Cabinet approves Integrated Tourism Digital Plan

Sri Lanka, April 11 -- The much awaited and long overdue Integrated Tourism Digital Plan (ITDP) presented by Minister of Tourism Development, Wild Life and Christian Cultural Affairs, John Amaratunga,... Read More

Policy interest rates to remain at current levels - CBSL

Sri Lanka, April 9 -- Finance Minister Mangala Samaraweera has presented praise worthy budget which is not a burden to the economy despite several elections on the cards for 2019, said Governor Centra... Read More

Mobitel to invest US$ 50 mn to roll out 5G network

Sri Lanka, April 8 -- Sri Lanka's national Mobile Service Provider Mobitel will invest US$ 50 million in 2019 to roll out their 5G network and also add other infrastructure to their network said Chief... Read More

China's Hainan Group to set up rubber EPZ in Moneragala and North East

Sri Lanka, April 4 -- Hainan Group from the Southern province of People's Republic of China has expressed interest to set a special rubber export processing zone in Moneragala and North East Sri Lanka... Read More