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Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

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The State Minister of Power and Energy D.V Chanaka stressed that there is no threat of fuel shortage and emphasized that the necessary tenders for fuel import up to June of the next year have been completed, ensuring an uninterrupted fuel supply until that time. He also highlighted that by entrusting the supply of fuel...

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Minister of State for Fisheries Piyal Nishantha, announced the development of a specialized investment zone in the Northern Province, which will be tailored to the fishing industry. This strategic endeavour aims to attract investments related to the fisheries sector, fostering economic growth and generating substantial employment opportunities for the citizens. Furthermore, State Minister underscored the...

Palali International Airport operations have demonstrated notable success – Minister Nimal Siripala De Silva. In a significant development, Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 billion in the period spanning from January to August 2023, said Minister of Port, Shipping and Aviation Mr. Nimal Siripala de Silva, during a news...

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

Mr. Mahindananda Aluthgamage, Chair of the Sectoral Oversight Committee on National Economic and Physical Plans, emphasized the need to establish a dedicated unit for overseeing institutions responsible for generating tax revenue, including the Inland Revenue Department. The former minister also stressed the importance of the government taking decisive measures concerning officials who are not actively...

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

In a significant development, Minister of Health Keheliya Rambukwella announced that the Cabinet has granted approval for the establishment of three private medical colleges within Sri Lanka. Minister Rambukwella emphasized that these new medical institutions will adhere to the standards set by existing medical schools in the country. Addressing a media briefing held at the...