Thriposha Company to be modernised as a State venture
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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Dangerous structures at Ratmalana Airport to be removed
In response to concerns over the risks posed by fixed structures at the Colombo International Airport, Ratmalana and the recent Jeju Air Flight 2216 tragedy at Muan International Airport, South Korea, which claimed 179 lives, Minister Bimal Ratnayake has directed authorities to remove such structures.
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Government aims to attract high-end tourists
The government is aiming to increase the quality in the tourism sector just as quantity in order to attract high-end tourists to the country, Minister of Foreign Affairs Vijitha Herath said.
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Sri Lanka targets 3 million tourists in 2025 amid economic recovery
Sri Lanka is poised to make a significant leap in its tourism industry, aiming for 3 million tourist arrivals in 2025. This ambitious target comes on the heels of a projected 2.1 million visitors in 2024 as the nation steadily recovers from the economic challenges it faced in recent years.
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Higher taxes and economic growth drive SL’s budget surplus
Sri Lanka’s budget is getting into fine shape with substantially higher revenues made possible from higher taxes which are further supported by the robust recovery seen in the economy this year.
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Home Lands to build Sri Lanka’s first tourists resort apartments
In a significant stride toward redefining modern living spaces, Home Lands Skyline Ltd., has announced the successful acquisition of 5A 0R 24.50P of premier land located in Negombo.
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Government opens Tenders for salt imports today to tackle shortage
The Government has taken steps to open tenders for the import of 30,000 metric tonnes (MT) of salt from today (3).
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BOI attracts US$ 608 million in foreign investments in 2024
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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Sri Lanka Ports Authority achieves record high throughput
The Sri Lanka Ports Authority (SLPA) reached a historic 2.41 million Twenty-foot Equivalent Units (TEUs) in throughput, marking its highest-ever performance.
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Distribution of Dry Rations to 500 Affected Farmers in Nuwara Eliya (Photo)
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5opn1
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January 3, 2025
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Business News, News
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In recent days, adverse weather conditions in Sri Lanka severely impacted vegetable farmers in the Nuwara Eliya District, leaving them in a desperate situation. Particularly in areas such as Kandapola, Magasthota, and Shanthipura, small-scale farmers faced the complete destruction of their farmlands.
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