Sri Lanka’s trade deficit widened by $ 96 million to $ 541 million in January a year earlier fuelled by higher increase in imports aided by Government policies, latest data from the Central Bank showed yesterday.

Sri Lanka sent a new restructuring proposal to dollar bondholders through its adviser Lazard as the South Asian nation seeks to complete overhauling its defaulted debt, according to people familiar with the matter.

Aitken Spence Logistics unveils its latest state-of-the-art Container Freight Station (CFS) to facilitate the growing requirements of the supply chain community in the region.

Efforts are being made to introduce the E-Passport service to eliminate the long queues at the Immigration and Emigration Department office in Battaramulla.

The Government plans to consolidate all vocational training institutes in Sri Lanka into a single vocational college, offering contemporary subject-related courses.