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Govt. to ease barriers for green energy products, support AI innovation

  • CNL Reporter
  • January 13, 2025
  • Investment
  • Govt. to ease barriers for green energy products
  • 0 Comments

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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Sri Lankan companies urged to seize multiple opportunities in Maldives

  • CNL Reporter
  • January 10, 2025
  • Investment
  • Sri Lankan companies urged to seize multiple opportunities in Maldives
  • 0 Comments

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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TRCSL approves tariff plans for ‘Starlink’

  • CNL Reporter
  • January 8, 2025
  • Investment
  • TRCSL approves tariff plans for ‘Starlink’
  • 0 Comments

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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Thriposha Company to be modernised as a State venture

  • CNL Reporter
  • January 7, 2025
  • Investment
  • Thriposha Company to be modernised as a State venture
  • 0 Comments

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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BOI attracts US$ 608 million in foreign investments in 2024

  • CNL Reporter
  • January 3, 2025
  • Investment
  • BOI attracts US$ 608 million in foreign investments in 2024
  • 0 Comments

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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S. Korea funds Rs. 2.4 Bn project to boost tourism in Sigiriya

  • CNL Reporter
  • December 29, 2024
  • Investment
  • S. Korea funds Rs. 2.4 Bn project to boost tourism in Sigiriya
  • 0 Comments

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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Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation

  • CNL Reporter
  • December 28, 2024
  • Investment
  • Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation
  • 0 Comments

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 exploring ways to sell Bangladesh-bound power to Sri Lanka

  • CNL Reporter
  • December 24, 2024
  • Investment
  • Adani exploring ways to sell Bangladesh-bound power to Sri Lanka
  • 0 Comments

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 to supply LNG for Sri Lanka’s power plants

  • CNL Reporter
  • December 17, 2024
  • Investment
  • India to supply LNG for Sri Lanka’s power plants
  • 0 Comments

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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UN continues to provide technical and financial support for Sri Lanka

  • CNL Reporter
  • December 16, 2024
  • Investment
  • UN continues to provide technical and financial support for Sri Lanka
  • 0 Comments

Marc-Andre, the Resident Representative of the United Nations to Sri Lanka, assured that the United Nations will continue to provide technical and financial support for Sri Lanka’s development.

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