Can the ECT buoy the Colombo Port?
Advocata Institute explores why the East Container Terminal should be opened for private ownership as soon as possible, following the precedents set by the BOT models of other terminals. Read More »
Fuel price hike; LIOC says not enough
Lanka IOC has expressed disappointment about the Government’s fuel price revision through its price formula, saying revised local fuel prices are much lower than the current global oil prices. Read More »
Condo developers want VAT exemptions
Condominium Developers are lobbying for ongoing projects to be granted an exemption from the newly introduced output VAT on apartment sales. Read More »
Interim terminal at BIA abandoned?
The construction of the urgently needed interim terminal at the Bandaranaike International Airport (BIA) is likely to be abandoned with a legal battle set to drag into the second half of 2019. Read More »
Data Protection Bill draft in two months
An outline of the Data Protection Bill, a key factor in attracting foreign investors, will be completed within the next two to three months and shared with stakeholders for review and feedback. Read More »
ILO report discusses how tech will transform Sri Lanka’s key sectors
“The Future of Work in Sri Lanka: Shaping technology transitions for a brighter future” is a research that endeavours to fill the gap on how certain technologies will impact the world of work. Read More »
Tourism hopes to earn $ 7 b and create 600,000 jobs in 2020
Sri Lanka Tourism has revealed that its main targets for the next two years are to achieve Rs. 7 billion in foreign exchange earnings per year and provide direct employment to 600,000 individuals. Read More »