The pilot programme of converting 200 four-stroke petrol three-wheelers to electric (e-Tuk Tuk) was launched today at the Werahera branch of the Department of Motor Traffic (DMT).Tuk Tuks to go green

Sri Lanka, which is emerging from an economic crisis, is expecting to attract 20 lakh visitors from India this year, Sri Lanka Tourism Minister said on Friday.

Finance Minister Shunichi Suzuki acknowledged the higher risks faced by low- and middle-income nations concerning debt vulnerabilities amid the COVID-19 pandemic and Russia’s invasion of Ukraine.

Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.

Nestle Lanka yesterday announced its decision to go private ending its 40 year stature as Public Listed Company (PLC) the Colombo Stock Exchange (CSE). The move was resolved by Nestle Lanka Board recently and is subject to shareholder and regulatory approvals.

In a bid to create a business-friendly environment in the country, the Presidential Secretariat has organised 54 institutions that provide investor facilitation services under seven Task Forces on the directives of President Ranil Wickremesinghe.

Cargills (Ceylon) PLC is marking a new milestone by opening Lanka IOC fuel stations at its Cargills Retail outlets countrywide.

Emirates has pledged its renewed support to promoting tourism in Sri Lanka through a Memorandum of Understanding (MoU) signed with the Sri Lanka Tourism Promotion Bureau.

Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits the crisis-hit South Asian country.