Sri Lanka’s external sector displayed a mixed performance in June 2018. Even though the lowest trade deficit so far during the year in absolute terms was recorded in the month of June, the trade deficit widened significantly in comparison to June 2017 as the growth in import expenditure outpaced the increase in export earnings.
Prime Minister Ranil Wickremesinghe is due to address the inaugural season of the Indian Ocean conference which begins in Hanoi, Vietnam today (August 27th).The conference themed “Building Regional Architectures” will be held on August 27 and 28. Prime Minister Wickremesinghe’s address is due at 4.30 p.m. (Sri Lanka time) on August 27.
The first of the island-wide series of ‘Enterprise Sri Lanka’ and ‘Gamperaliya’ exhibitions will kick off in Moneragala from Aug. 29 to 31. The event will comprise 515 stalls and draw the participation of about 204 persons from the corporate sector, including those from abroad.
Since the publication of the last World Rule of Law Index in October 2016, a majority of countries worldwide saw their scores decline in the areas of human rights, checks on government powers, and civil and criminal justice, the latest 2017-2018 Index report says that Sri Lanka improved the most dramatically, moving up 9 positions to 59thplace out of 113 indexed countries.
In a bid to take the culture of entrepreneurship to the rural villages, improve livelihoods and usher in prosperity, the Government is planning to conduct a series of awareness campaigns islandwide to facilitate the implementation of the recently launched interest subsidised loan scheme, ‘Enterprise Sri Lanka’. The expositions will also educate the public on the Government’s recently launched accelerated rural infrastructure investment scheme, Gamperaliya Sanwardana Sangrama, another key highlight of the Government’s hallmark future economic development policy programme, ‘Vision 2025’.
The 'Colombo Defence Seminar - 2018,' is set to begin at the BMICH in Colombo on Thursday (30 th, August). The two-day international defence conference, 8th in its sequence will be held on the theme, 'Security in an Era of Global Disruptions'.The conclave, organize by the Sri Lanka Army is expected to be attended by about 800 foreign and local participants including 14 local and 13 foreign speakers.
The government will develop the Colombo Port's East Container Terminal (ECT) to be the largest and deepest container terminal in South Asia without any foreign funding, Ports and Shipping Minister Mahinda Samarasinghe said yesterday. He said he would submit the proposal and blueprint of the development plan to the Cabinet shortly.
The Governor’s Jetty’ in Trincomalee was opened recently by Ambassador of Japan Kenichi Suganuma on the invitation of the Governor Eastern Province Rohitha Bogollagama. Akiko Suganuma and Deepthi Bogollagama also participated.
President Maithripala Sirisena proclaimed the establishment of a Special Commission to make recommendations to provide an optimal salary structure for the state sector devoid of salary anomalies.Issuing a Gazette Extraordinary on Monday, the President appointed a 15 member Commission chaired by S. Ranugge to conduct a study of existing salary structures in the public service and to minimise salary anomalies among different services in the entire public service.
President Maithripala Sirisena will inaugurate Stage II of the Wayamba Ela Project tomorrow.This giant development project will supply water to the Northern Province minimising the water scarcity faced by the people in the Province in irrigating farmland.