Development and Economic News
Tourist arrivals records over 56,000 in April
Sri Lanka has welcomed over 56,000 tourists during the first 16 days of the month of April , propelling the impetus to reach the monthly target of 86,000 arrivals.
Semi-luxury passenger busses out of roads after May
The National Transport Commission (NTC) has decided to do away with the operation of semi-luxury passenger bus service after May 2023.
Fully fledged High-tech Asiri hospital coming up in Colombo Port City
In a strategic move Asiri Port City Hospital (Pvt) Ltd is set setup a fully fledged most modern hospital with all facilities at the Colombo Port City.
US continues to support Sri Lanka’s economic recovery
The United States (US) says it will continue to support Sri Lanka’s economic recovery and democratic reforms.
Sri Lanka to work with USAID for prosperous future for the people
The United States, through USAID, will provide an additional estimated $65 million (more than 23 billion Sri Lankan rupees) in assistance to Sri Lanka over a five
ADB urges government to set up credit guarantee institution for SMEs
Asian Development Bank (ADB) urged the government to revisit the policy decision taken in 2016 to setup a small and medium-sized enterprises (SMEs) credit guarantee institution in order to enable access to credit for the country’s credit-constrained SMEs.
Sri Lanka Education Ministry introduces a system change with STEAM
Sri Lanka Education System will be undergoing a revolutionary change soon with the introduction of new method of module based education on how to use the theoretical knowledge gained in the class room for the day today practice in their environs, Education Minister Susil Premajayantha disclosed.
Sri Lanka promotes tourism in the Philippines
The Sri Lanka Tourism Promotion Bureau (SLTPB) in collaboration with Sri Lanka Embassy in Manila recently hosted a familiarisation tour for nine Filipino tour operators from March 29th to April 6th.
Swiss Ceylon Associates announces expansion in Sri Lanka and South East Asia
Swiss Ceylon Associates Ltd., last week announced the expansion of its activities in Sri Lanka and South East Asia.
March workers’ remittances record sharp increase to US$ 568mn
Workers’ remittances to Sri Lanka crossed the US$ 500 million mark for the first time since April 2021, data released by the Central Bank last evening showed.