Development and Economic News

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.

The Lot Polish Airlines commenced operations today connecting Warsaw in Poland and Colombo, the Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) said.

Speaker Mahinda Yapa Abeywardena accompanied by the High Commissioner to Uganda, Kana Kananathan, held constructive discussions with Ugandan President Yoweri Museveni and the meeting, which took place in Kampala focused on strengthening diplomatic ties and exploring avenues for collaboration between the two nations.

Saturday, 06 January 2024 09:19

Significant rise in vegetable prices

The price of almost all varieties of vegetables have gone through the roof. According to a fact-finding mission to the Narahenpita Economic Centre, the prices of most upcountry and low-country vegetables remained as high as over Rs.800 a kilo.

 The number of individuals registering with the Taxpayer Identification Number (TIN) in Sri Lanka has reached nearly 01 million, according to the Inland Revenue Department.

US $ 100 million Asiri Port City Hospital recognised as a primary business, $ 100 Million TIQRI information technology venture recognised as a secondary business at Port City Colombo

A proposal to select a prospective investor for the first phase of the development of 61 fuel storage tanks in the Upper Tank area of the China Bay Harbour of Trincomalee was approved at the Cabinet meeting held on Monday (01 Jan.).

The Asiri Port City Hospital (Pvt) Company is to begin primary business of strategic importance at Colombo Port City through a gazette notification and to grant related exemptions or incentives.

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