Colombo, April 9 (IANS) Sri Lanka received 707,924 tourists in the first three months of this year, an increase of 17.1 per cent compared with the corresponding period last year, a minister said on Monday. Tourism Development Minister John Amaratunga told Xinhua news agency that the country could have attracted...
ECONOMYNEXT – Asian Development Bank (ADB) has proposed an economic corridor to help correct regional imbalances in Sri Lanka, linking Colombo on the west coast with Trincomalee in the east, covering 10 districts and half the total population. The economic corridor development plan has a potential to generate 1.2 million...
Sri Lanka’s small car registrations continued its strong momentum in February although the total vehicle registrations slightly slipped from its January high, perhaps due to less number of days, according to registration data tracked by Colombo-based stock brokerage, JB Securities. Motorcar registrations in February were slightly down to 4,881 units...
An economic corridor development plan with a potential to generate 1.2 million new jobs by 2030 is being proposed by a recent study of the Asian Development Bank (ADB). In keeping with the Sri Lankan government’s development strategy, Vision 2025, the ADB has initiated a comprehensive development plan for the...
Sri Lankan women who move to the Middle East and Gulf states in order to take up domestic jobs are being are being told to take contraceptives before leaving. See related Six recruiters licensed by the Sri Lankan government said they could provide an employer with a “three-month guarantee” that a maid...
Mahindra and Mahindra, a part of the US$19bn Mahindra Group based in India, entered into a joint venture with Ideal Motors, a fully owned subsidiary of the Ideal Group, to assemble automotive vehicles in Sri Lanka. Mahindra will hold a 35% stake in the JV, while Ideal Motors will have...
The government of Sri Lanka plans to obtain financial assistance from world lenders to strengthen the state institutions dealing with state fiscal management. The World Bank and the European Union have agreed to provide a loan of US 60 million and a grant of US$10 million respectively for capacity building...
  Friday, 06 April 2018 - 11:13 Fertilizer subsidy effective from midnight, tonight 23,671Views Minister of Agriculture Duminda Dissanayake says that fertilizer subsidy scheme will be effective from midnight today (Apr. 06). Accordingly, paddy fertilizer 50kg bag is priced at Rs. 500 from midnight today and other fertilizers are priced at Rs. 1500.    
  Friday, 06 April 2018 - 21:25 50,000 houses for low-income earners in Colombo Prime Minister Ranil Wickremesinghe says 50,000 housing units will be built for the benefit of low-income earners in Colombo. He said the shanties will be removed in the occupants will be given those new housing units. The PM said this...
Minister of agriculture Duminda Dissanayake has promised to provide fertiliser to farmers who cultivate paddy as well as other crops at a concessionary rate with effect from midnight tonight. Accordingly, Paddy Farmers will be able to purchase the fertliser at a cost of Rs 500 while farmers who grow other...
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After declaring a state of emergency, Sri Lanka has banned Facebook, Instagram, and WhatsApp...

Rosie Perper, provided by Published 11:31 pm, Wednesday, March 7, 2018 The Sri Lankan government has banned the use of Facebook, Instagram, and...

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