The Central Bank of Sri Lanka (CBSL), has outlined positive update on the country's debt restructuring efforts by the governor of the bank Nandalal Weerasinghe when he presented “monetary and financial sector policies for 2024 and beyond at a press conference in Colombo on Wednesday10.

Applications have been received for ten new casinos but the government is yet to grant its approval, State Minister of Finance Ranjith Siyambalapitiya informed Parliament

New investment zones are to be set up with the necessary technical assistance from the Asian Development Bank (ADB).

Workers remittances inflow in 2023 had increased by 57.5% to $ 6 billion, the latest Central Bank data revealed.

Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year.

Sri Lanka has launched track rehabilitation work at Galgamuwa Railway Station commencing upgradation of railway line including ancillary works from Maho to Anuradhapura on Sunday (Jan. 07) with Indian assistance. 

The Hambantota International Port (HIP) cemented its position as the fastest-growing Roll-on/Roll-off (RO-RO) transshipment port in the region, capping off 2023 with a 26% surge in handled vehicles compared to the previous year.

More than 25,000 tourists arrived in the country in the first four days of this year alone, the Sri Lanka Tourism Development Authority said.

President Ranil Wickremesinghe emphasized the imperative for the full development of the Northern Province within the next five years under a unified plan.