Economic

Trade Minister Bandula Gunawardane on Friday urged the Government to use the Export Development Fund (EDF) to better support the private sector, insisting that the industry is capable of supporting the country to overcome the foreign exchange crisis.

ශ්‍රී ලංකාවේ වෙළඳ හිඟය අවම කිරීමට පියවර ගෙන ඇති බව ශ්‍රී ලංකා මහ බැංකුව නිවේදනය කරයි.

A Memorandum of Understanding (MoU) signed recently between the Ceylon Chamber of Commerce and the Maldives National Chamber of Commerce and Industry (MNCCI) will enhance opportunities for bilateral trade, investment and tourism, giving new impetus to a proposed trade agreement between Sri Lanka and the Maldives, State Minister for Regional Cooperation Tharaka Balasuriya announced.

Sri Lanka is revising down the tourist arrivals forecast for 2022 to 1.1 million from an earlier ambitious goal of luring 2.3 million, a move influenced by the surge in ‘Omicron’ variant in major source markets.

SLTDA streamlines and fast-tracks via ‘single application’ process by signing 8 MoUs with Central Environmental Authority, Departments of Wildlife Conservation, Agrarian Development, Irrigation, National Building Research Organisation, Forest Conservation, Archaeology, Fisheries and Aquatic Resources
Similar MoUs signed with BOI, UDA and Coast Conservation previously
Four more line agencies, including Civil Aviation Authority, Colombo Municipal Council will be added by year-end to facilitate investments
Since its establishment 12 years ago, Investor Relations Unit has received 1,006 applications worth $ 7.6 b but 457 applications worth $ 3.8 b got approval
Tourism Minister Prasanna Ranatunga says in past two years, 59 projects with investments of $ 300 m were approved out of 99 applications worth over $ 1 b received
Tourism Ministry Secretary S. Hettiarachchi points to red tape as major hindrance to boosting investments
Environment Ministry Secretary Dr. Anil Jasinghe describes tourism as key sector to pull SL out from forex crisis and put economy back on a growth path
SLTDA Director-General Dhammika Wijayasingha says digital ‘Investment Case Management System’ will be ready by March
Believes system will enhance efficiency and transparency

LOLC Finance PLC (LOFC) has got, in principle, approval from the Central Bank for the planned amalgamation of itself with Commercial Leasing and Finance PLC (CLC).

මෙරටට පැමිණෙන විදෙස් ගමන් බලපත්‍ර හිමියන් ඩොලර් 50,000 ක රක්ෂණාවරණයක් ලබා ගැනීම අනිවාර්ය කිරීම සම්බන්ධයෙන් සංචාරක ක්ෂේත්‍රයේ ව්‍යාපාරවල නිරත පාර්ශව සිය ප්‍රසාදය පළ කරනවා.

The Government yesterday announced plans to develop and promote heritage city Galle’s Port into a fully-fledged tourist port and leisure hub of South Asia with an investment of $ 175-200 million.

The Colombo stock market yesterday posted a one-year high turnover of Rs. 18.4 billion owing to an internal transfer within the single largest shareholder in JKH, though overall investor sentiment remained somewhat erratic.

මහ බැංකු අධිපති තෙල් සංස්ථාවෙන් කල ඉල්ලීම

The Colombo stock market posted its second consecutive sharp fall yesterday amidst relatively low investor activity and turnover.

Ceylon Association of Shipping Agents reveal over 640 TEUs of imports currently lying at Colombo Port
Nearly 130 TEUs have been lying for over 3 years; most of which are either detained, abandoned or subject to court cases
Warns exchange crisis, delays in obtaining import control licenses, SLSI clearance etc. further delaying clearing of container build-up
Delay in resolution will impact exports and transhipment biz as well
CASA’s concerns amidst 2021 seeing record $ 20.6 b in imports and $ 12.4 b in exports
Ships calling at Colombo Port in first 11 months of 2021 down 4.4%
Total container handling up by 4.8% to 6.6 million TEUs; transhipment up 3% to 5.3 million TEUs

Failed finance company SFSP to use funds to settle depositors; licence to be cancelled thereafter and SMB Leasing to get fresh finance company licence

රජයට වැඩි ආදායමක් උපයන්න නම් වාහන ආනයනය කළ යුතුයි

The holding of Government Securities by the Central Bank by Friday had crossed the Rs. 1.5 trillion mark for the first time.

ශ්‍රී ලංකාවේ සියලුම ප්‍රසිද්ධ සමාගම්වල සභාපතිවරුන් සහ ප්‍රධාන විධායක නිලධාරීන් කැඳවා සාකච්ඡාවක් පැවැත්වීමට ජනාධිපති ගෝඨාභය රාජපක්ෂ මහතා සූදානමින් සිටින බව වාර්තා වේ.

පහළ ගිය බිත්තර මිල මෙන්න

ලෝක බැංකුව ඇතුළු ජාත්‍යන්තර මූල්‍ය ආයතන කුමක් පැවසුවද, වත්මන් ආර්ථික තත්ත්වය තුළ ශ්‍රී ලංකාවේ ප්‍රගතියක් ඇතිවෙමින් පවතින බවත්, මෙම වසර තුළ සියයට පහක පමණ වර්ධනයක් දක්නට අති බවත් මහ බැංකු අධිපති අජිත් නිවාර්ඩ් කබ්රාල් මහතා සඳහන් කරයි.