Sri Lanka will host its first-ever International Mining and Mineral Conference, investor forum and exhibition next month.

Sri Lanka’s cabinet of ministers has approved signing a 200 million US dollar policy based loan from the Asian Development Bank, which is the first tranche of a 400 million dollar program which has been discussed, the state information office said.

The Colombo Port City Economic Commission has unveiled its Comprehensive Progress Report covering the period from January to August 2023, showcasing significant strides in the development of the Colombo Port City and the finalisation of legal frameworks for the Colombo Port City Special Economic Zone (SEZ).

A high-profile delegation from Sri Lanka, led by Labour and Foreign Employment Ministry Secretary R.P.A. Wimalaweera, embarked on a four-day study tour to Indonesia, from September 4-7, 2023.

Inland Revenue Act to be amended to allow tax relief for charities focusing on wellbeing of children

The International Monetary Fund’s disbursement of the second tranche amounting to around US$330 million of the to total loan of $ 3 billion is to be delayed till the approval of the executive board following the staff level agreement with the Sri Lankan authorities , IMF senior mission chief Peter Breuer said

• Textile & apparel exports down 23% to US$ 435mn
• Jan-Aug exports income at US$ 7.98bn, down 10.4%

The tourist arrivals to Sri Lanka for the first 20 days of September crossed the 75,000 mark, fulfilling 62 percent of the target set for the month.