Tag: SL Government

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Central Bank Governor says in rediffusion SL needs reforms with or without IMF

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While keeping his radio silence and switching on his ‘rediffusion’ , Central Bank Governor Nandalal Weerasinghe said with or without the International Monetary Fund (IMF), Sri Lanka needs to bring in reforms to correct the economy and put it on a sustainable footing.

Korean firm takes the lead towards developing Trincomalee industrial harbour

BUSINESS Radi Radi -
Sri Lanka’s initiative of developing Trincomalee as an “industrial harbour” is now underway with a Korean firm stepping into setting up a container factory in Trincomalee with US$ 50 million investment.

SL suggests to form group of Eminent Persons to combat terrorist financing

BUSINESS Radi Radi -
Sri Lanka has recently proposed to set up a group of Eminent Persons with a view to helping galvanize greater political will and to create further international awareness among states on the importance of combating terrorist financing, at the recently concluded 3rd No Money For Terror (NMFT) Ministerial Conference in New Delhi.

Sri Lanka discusses nuclear energy cooperation with Russia

BUSINESS Radi Radi -
Sri Lanka and Russia have discussed ways and means to build nuclear energy cooperation between the two countries.

Uma oya power connects to the national grid by June next year

BUSINESS Radi Radi -
The Uma Oya multipurpose development project is expected to be connected to the National Grid by June 2023, Minister of Power and Energy Kanchana Wijesekera said on Tuesday (13).
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President Orders Faster Development of Katunayake Airport and Domestic Airports

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President Anura Kumara Dissanayake has directed officials to accelerate ongoing projects to increase passenger-handling capacity and improve facilities at Katunayake International Airport, while also advancing the development of domestic airports across the country to meet future aviation demands. The directive was issued during a discussion on the 2027 Budget proposals for the Ministry of Ports and Civil Aviation held at the Presidential Secretariat. During the meeting, the President reviewed the progress of development projects at Katunayake Airport and stressed the importance of completing them without delay. He also highlighted the need to expand supporting infrastructure, including road networks surrounding the airport, to improve accessibility and accommodate growing passenger traffic. Improving convenience and facilities for air travellers at both Katunayake International Airport and regional airports was another key focus of the discussion. The meeting was attended by Minister of Ports and Civil Aviation and Minister of Energy Anura Karunathilaka, Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, and Deputy Minister of Ports and Civil Aviation Janith Ruwan Kodituwakku. Other participants included Chief of Staff to the President Prabath Chandrakeerthi, Senior Additional Secretary to the President and Secretary to the Ministry of Energy Russell Aponso, Secretary to the Ministry of Finance, Planning and Economic Development Dr. Harshana Suriyapperuma, and Secretary to the Ministry of Ports and Civil Aviation W. W. S. Mangala. Deputy Secretary to the Treasury A. K. Seneviratne, Director General of the Department of National Budget Jude Nilukshan, and other officials from the relevant institutions and the Ministry of Finance also attended the discussion.

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