News & Events

  • Economic, Business and Consumer events that took place in Sri Lanka during the month of January 2016.

    January 30th, 2016

    Economic News Budget deficit reaches 7.2% in 2015. 2016 budget revisions continue, VAT/NBT latest casualty. USD 5-6bn FDI targeted; 2015 inflows fall to USD 700-800m. Sri Lanka slightly improves to 83rd in the Corruption Index. ASPI closes at 6,340.10 in Jan. (-8.0% YoY). Business News Tourist arrivals...

  • Sri Lanka seen as a possible maritime hub in South Asia

    January 29th, 2016 By Hiran H.Senewiratne

    Sri Lanka has a high potential and all the advantages to be developed as the economic hub of Asia and as a maritime hub of the region, Secretary General, Indian Ocean Marine Affairs Co-Operation Dr. Hiran Jayawardena said. "Sri Lanka has all the potential to become a maritime hub when considering the...

  • Sri Lanka Customs launches Single Window system

    January 5th, 2016

    Sri Lanka has been linked up with high tech Single Window programme implemented worldwide to facilitate the export-import process of the country. This move has been initiated by Finance Minister Ravi Karunanayake in line with the international regulations of the World Trade Organization and the World...

  • Sri LankaTourism poised for sustainable growth

    December 31st, 2015
    Sri LankaTourism poised for sustainable growth

    Broad Strategic Marketing Plan introduced for year 2016The tourism industry of Sri Lanka is poised for growth to achieve sustainable development phase within the next few years, based on the strategic direction determined by the new government.Sri Lanka Tourism has formulated a broad Strategic Marketing...

  • Port City to create regional business hub

    December 14th, 2015
    Port City to create regional business hub

    The recently released Supplementary Environmental Impact Report (SEIA) for the Colombo Port City (CPC) project says the main objective of the CPC is to create a regional business hub - a distinctly branded city, with high quality public spaces and infrastructure facilities, which would attract local...