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Saudi Arabia pledges to enhance economic assistance to Sri Lanka
Saudi Arabia has stepped in to provide further assistance to promote tourism, increase foreign direct investments and enhance employment opportunities for Sri Lankans.
Sri Lanka takes initial strides to tap Spanish tourist market in a big way
Spain is one of the fastest recovery markets for Sri Lanka Tourism after the pandemic and participation in FITUR argues well for the much-needed exposure for Sri Lanka as an attractive tourism destination for Spanish-speaking countries, SL tourism promotion bureau sources revealed.
Sri Lanka to regularize mobile phone business issuing import license
Sri Lanka in its way towards high digital connectivity is set to regulate the mobile phone industry by making licenses to import handsets with the aim of busting the snuggling and grey market, finance ministry sources said.
China holds olive branch for Sri Lanka ensuring support for debt restructuring
In a move of a friendly country in need for Sri Lanka , China has extended assurance for the island nation’s debt restructuring with the submission of the relevant letter to the International Monetary Fund to unlock a US4 2.9 billion bailout loan, Chinese diplomatic sources confirmed.
CDS signs up with Lanka IOC PLC to act as Registrar
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023.