News of the Day In line with the new government’s energy policy and plan, significant efforts are underway to generate substantial foreign exchange for the country through the development of the Trincomalee Oil Tank Complex.
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Minister of Industry and Entrepreneurship Development Sunil Handunnetti says that the government will take measures to introduce a range of environmentally friendly products rooted in green energy principles, while preserving local identity, within the next two years.
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The Sri Lanka -Maldives Business Council of the Ceylon Chamber of Commerce this week highlighted numerous opportunities in the Maldives for the Sri Lankan companies in sectors such as logistics, tourism, agriculture, boat construction, fishery and construction.
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The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has approved the tariff plans for ‘Starlink’ satellite broadband services to be implemented through ‘Starlink’ Lanka (Private) Ltd.
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Health and Media Minister Dr. Nalinda Jayatissa announced yesterday that the Government had decided to modernise and develop the Thriposha Company in Kandana, operating under the Health and Media Ministry and continue it as a State-owned enterprise to fulfill the nutritional needs of the nation.
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Sri Lanka’s Board of Investment (BOI) signed 74 projects in 2024, with an estimated investment of US $ 608 million, with the second half of the year showing slow growth, the Finance Ministry said.
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The Korea International Cooperation Agency (KOICA) has proposed a special initiative to enhance conservation efforts at Sigiriya, a UNESCO World Heritage site, and boost its tourism attraction.
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A Ministry of Digital Economy could drive the expansion of e-governance, enabling citizens to access essential services like tax payments, business registrations, and public procurement online
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Adani Power is exploring ways to sell the Bangladesh-bound power, produced at the Godda plant in India’s Jharkhand state, to neighbouring countries such as Sri Lanka.
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India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the power grids of the two countries as well as lay a petroleum pipeline between the neighbours,
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