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Minister Dhammika Perera streamlines FDI approval process
The Ministry of Technology and Investment Promotion has taken measures to streamline the investment approval process by eliminating the heavy paper work and filling of application forms with a view of attracting more Foreign Direct Investments into the country, a senior official of the ministry said.
India demands advance payment for fuel supply to Sri Lanka
India is seeking payment in advance for supply of fuel to Sri Lanka after credit lines were exhausted, according to people with knowledge of the matter, official sources said.
Colombo Port enhances its services to Bangladesh shippers
Sri Lanka Ports Authority (SLPA) is set to expand the Colombo Port services now being provided to Bangladesh shippers, official sources said. .
SriLankan Airlines and Kuwait Airways Launch Codeshare partnership
SriLankan Airlines and Kuwait Airways are to launch a new codeshare partnership effective 20 June 2022, which provides enhanced connections and convenience to customers of both airlines, Chairman of the Airline Ashok Pathirage said.
COPE to take stringent action against state officials failed to obey orders
Stringent disciplinary action is to be taken against officials of state institutions who have failed to abide by the orders given by the Committee on Public Enterprises (COPE).