Minister of Trade, Commerce, and Food Security Nalin Fernando stated that if the business community fails to pass on government-provided concessions to consumers, price controls will need to be implemented for certain goods. He also announced that proposals to amend...

Never deviate from that responsibility – The President stated during a meeting with representatives of Passenger Transport Three wheel Associations. A proposal for the professional development of three wheel drivers presented to the President. A new mobile app for Three-wheelers...

EDB in collaboration with Sri Lanka Embassy in Jakarta organized a briefing session to discuss on “Indonesian Investment opportunities for Foreign Investors” with Directorate of Investment Promotion of Indonesia and the Ministry of Investments of Indonesia on 12th July 2024....

State Minister for Home Affairs, Ashoka Priyantha, emphasized that despite the challenges posed by the COVID-19 pandemic and severe economic crisis, maintaining stable public services without any employee layoffs or salary cuts is a significant achievement. He credited President Ranil...

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in manufacturing activities. All the sub-indices, except for employment, remained above the neutral threshold during the month. The expansion in New Orders...

Consumers Using Less than 90 Units Benefit Most from the Electricity Price Revision. Future Electricity Tariff Expected to Decrease Further in 03 years – Minister of Power and Energy, Kanchana Wijesekera. Minister of Power and Energy, Kanchana Wijesekera highlighted that...

Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board A Coconut Triangle established in the Northern Province...

The President said inaugurating the new swimming pool at Anuradhapura Central College. President Ranil Wickremesinghe emphasized his commitment to building a robust economic framework that ensures long-term stability for future generations, steering away from short-term solutions that could risk economic...

Finance State Minister Ranjith Siyambalapitiya said that the final decision regarding the lifting of the ban imposed on the import of vehicles will be taken by mid August. The State Minister also pointed out that the committee appointed to look...