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Economy


Ban on civil helicopter flights from Colombo lifted

The Government has lifted the ban on domestic passenger flights from Colombo after 25 years.


Tuk drivers demand regulatory body, accuse Minister of buying time

Three-wheeler unions have requested Transport Management Minister Mahinda Amaraweera to establish a provincial-level regulatory authority for three-wheelers.


Eateries, restaurants, bakeries not passing on tax relief to consumers – IRD

Many restaurants, roadside eateries and bakeries do not pass on to end consumers the relief afforded to them by recent tax concessions, the IRD said today.


Sri Lanka ban on incorporating foreign firms over security concern

Sri Lanka has banned the incorporation of companies with foreign shareholders over a security concern, but no legitimate investment will be restricted.


In surprise visit, Prez tells BIA officials to minimise delays and inconveniences

In an announced visit to the Bandaranaike International Airport yesterday, President Rajapaksa instructed officials to minimise inconveniences to passengers.


Govt guarantees price control for rice, but no such luck for vegetable prices

The government has guaranteed a price control for rice, but according to a spokesman, no such control will be possible for vegetable prices.


SL has stocks of fuel to draw if war breaks out in the Gulf -CPC

The Ceylon Petroleum Corporation (CPC) states that there is sufficient stock of fuel in-store to supply without any shortage even if the fuel supply to Sri Lanka get affected due to the ongoing tensions in the Gulf region.


Port City Colombo launches Social Responsibility Report

Social Responsibility Report of the CHEC Port City Colombo Pvt Ltd for the year 2018-2019 was launched yesterday (13 Jan) at Kingsbury Hotel, Colombo.


Hamilton Canal to be redeveloped for tourism and commuting

Sri Lanka Tourism will seek Dutch assistance in redeveloping the Hamilton Canal as a tourist attraction as well as a mode of public transit to ease traffic congestion


Sri Lanka faces power cut risks by end March

Sri Lanka could face power cuts by March after a coal plant which was about to be built was cancelled under environmentalist pressure.


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