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Seven companies to submit EOI for the proposed Hambantota oil refinery
Foreign Direct Investment will be bringing foreign direct investment for the oil refinery project in Hambantota,which is channeled through the approved local banking system through Inward Investment Accounts (IIA) as per the Foreign Exchange Act and its Regulations in Sri Lanka, the Board of Investment (BOI) said.
Skill Verification Program provide more benefits for workers in Saudi Arabia
Saudi Arabia and Sri Lanka signed a new agreement on the employment of workers, opening up more opportunities in the Kingdom for professionals from the crisis-hit island nation.
Sri Lanka tourist arrivals hit 100000 mark on the eve of Sigiriya development
Sri Lanka is set to unveil a Master Plan and National Tourism Policy to attract more tourists in to the island nation while developing Sigiriya, as the country’s first sustainable tourist destination with the contribution of all relevant parties.
Central Bank warns the public on the risks of crypto currency transactions
Government is taking initial steps for formal submission of Sri Lanka’s intention to join the Regional Comprehensive Economic Partnership (RCEP) which consists of 30% of the world’s GDP, trade and population to tackle cryptocurrency rackets.
Sri Lanka to finalize China, India and Singapore FTAs soon
Sri Lanka is pushing Chinese, Indian and Singaporean authorities to expedite the negotiations process for the Free Trade Agreements (FTA) to be signed in 2023 or early 2024 while there are many issues to be resolved in the agreements, official sources of the International Trade Office revealed.