Facebook Pixel State sugar firm to seek investors for two tourism PPPs | Daily FT - newspaper - Bu hikayeyi Magzter.com'da okuyun

Denemek ALTIN - Özgür

State sugar firm to seek investors for two tourism PPPs

Daily FT

|

August 20, 2025

IN a bid to boost income of the State-run Pelwatte and Sevanagala sugar factories, which are under Lanka Sugar Ltd., the Cabinet of Ministers on Monday approved calling for expressions of interest (Eols) from private investors to set up two tourism projects under a public-private-partnership (PPP) model.

Speaking at the weekly post-Cabinet meeting media briefing yesterday, Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said it has been identified that four selected places in the Pelwatte sugar factory premises are tourist attraction places drawing special attention to ecotourism, agro-tourism, wellness tourism and conservation-based tourism, based on the recommendations of the feasibility study con

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Listed company earnings contract for third straight quarter

First Capital Research says earnings of 271 listed companies fell 11.4% YoY in March 2026 quarter

time to read

3 mins

June 24, 2026

Daily FT

Harsha urges Govt. to break ETCA deadlock

Says Sri Lanka risks missing India growth opportunity at 25th anniversary of ISFTA

time to read

3 mins

June 24, 2026

Daily FT

NCPI inflation rises to 5.4% in May

THE National Consumer Price Index (NCPI)-based headline inflation accelerated to 5.4% year-on-year (YoY) in May 2026 from 4.7% in April, according to data released by the Department of Census and Statistics.

time to read

1 min

June 24, 2026

Daily FT

Govt. retreats on VAT threshold cut

THE Government yesterday withdrew plans to lower the Value Added Tax (VAT) registration and Social Security Contribution Levy (SSCL) thresholds, sparing thousands of small and medium-sized enterprises from being brought into the tax net at a time when businesses are grappling with the economic consequences of Cyclone Ditwah and the conflict in the Middle East.

time to read

3 mins

June 24, 2026

Daily FT

India Desk launch signals push to reboot Sri Lanka-India economic ties

SRI Lanka yesterday signalled a major reset in its economic engagement with India saying a review of the existing Free Trade Agreements (FTA) by the Government is nearing completion, while policymakers and business leaders called for a shift from traditional trade towards deeper integration in investment, technology, logistics and digital commerce.

time to read

2 mins

June 24, 2026

Daily FT

Daily FT

Yeshan century boosts Old Dharmapalians SC

Governor's Trophy two-day tournament

time to read

1 mins

June 24, 2026

Daily FT

IRD outlines sweeping tax changes

THE Inland Revenue Department (IRD) has announced a broad package of tax reforms following the enactment of the Inland Revenue (Amendment) Act, No. 11 of 2026, introducing changes affecting individuals, businesses, professionals, investors and financial institutions.

time to read

3 mins

June 24, 2026

Daily FT

Israel freezes $ 6.9 m in SL remittances in legal dispute with service provider

THE Government yesterday said approximately $ 6.9 million remitted by Sri Lankan workers in Israel has been suspended due to legal proceedings involving remittance service provider Global Remit, rejecting claims that the funds were lost as a result of a cyberattack.

time to read

1 min

June 24, 2026

Daily FT

Apparel exports post strongest monthly growth this year on US demand

Apparel and textile exports rise 7.96% YoY to $ 394.14 m in May

time to read

2 mins

June 24, 2026

Daily FT

BOC Flex powers nation's cashless future through QR payments

WITH a dedicated workforce of over 9,000 employees across the island, Bank of Ceylon continues to drive Sri Lanka’s digital transformation by promoting QR payment solutions.

time to read

1 min

June 24, 2026

Listen

Translate

Share

-
+

Change font size