The Cabinet has granted approval to lease out CEB lands to the United Arab Emirates Capital Investment LLC for a hotel project.
Based on a project proposal by the UAE Capital Investment LLC, to acquire a land owned by the CEB located adjacent to the Maussakale Reservoir and a small island located near by approval was granted.
The lands are to be given as a long-term lease period to build a hotel complex by using 25 million USD.
This is a method to receive to direct foreign investment to the country, a note to the cabinet said.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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