ADB backs Sri Lanka’s growing investment potential in key sectors
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka,
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Coconut imports imperative for export revenue surge
Local authorities are still awaiting approval to lift the ban on the import of coconut kernels,
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Foreign investments encouraged in the mineral sector despite controversies
Sri Lanka is promulgating new laws and initiatives in the hope of securing up to 10 foreign investments in mining with a view to increasing transparency and deriving greater value from the country’s mineral resources.
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Central Bank further eases monetary policy stance
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 November 2024,
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Sri Lanka budget deficit down 40-pct to September, taxes up 39-pct
Sri Lanka’s tax revenue was up 39 percent to 2,918.3 billion rupees in the nine months to September 2024 from a year ago, while the budget deficit was down 40 percent, official data show.
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Sri Lanka’s Economic Centres fail to Benefit Farmers and Consumers
Sri Lanka’s dedicated economic centres are currently controlled by few entrepreneurs by providing opportunity for
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Tourist arrivals surge in first 20 days of November
Sri Lanka’s tourism industry continues to thrive, with 120,961 tourist arrivals recorded in the first 20 days of November,
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Third review of debt restructuring with IMF concludes
The discussions related to the third review of the International Monetary Fund (IMF) programme concluded today (22), the President’s Media Division (PMD) said.
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Sri Lanka Tops Solo Travel Lists for 2024 and 2025, Drawing Increasing Global Interest
Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.
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Monsoon: Ferry service to Sri Lanka suspended for now
The international ferry service connecting Nagapattinam in Tamil Nadu with Kankesanthurai in Sri Lanka has been suspended for over a month due to monsoon.
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