Day: January 5, 2017

Government’s income increased by 30 per cent – Finance Minister

During the year 2015-2016 the income of the government has increased by Rs.160 million which is a 30 per cent increase said Finance Minister Ravi Karunanayake.

Sri Lanka to regulate tourist hotels

The Sri Lankan government is drafting minimum criteria for classification of tourist hotels and is preparing laws to decide on minimum space and facilities in a tourist hotel.

Government firm on new Chinese deal for Hambantota

Facing a barrage of criticism over its decision to lease the Port and 15,000 acres for proposed industrial zone in Hambantota to a Chinese company, the Government yesterday defended the deal saying it would help to turn around white elephant projects in the former President Mahinda Rajapaksa’s hometown.