News
Air Force launches new Skydive Club to boost adventure tourism
Sanasa Life Insurance pioneers innovative coverage for thrill-seekers
In a move to enhance adventure tourism, the Air Force (SLAF) officially inaugurated the ‘Eagles’ Skydive Sri Lanka’ Tandem Jump Sports Club at SLAF Station Koggala on Aug 1.
This new venture, envisioned by Air Force Commander Air Marshal Udeni Rajapaksa, is set to offer thrill-seekers and tourists an exhilarating skydiving experience. The initiative aims not only to attract adventure enthusiasts from around the world but also to stimulate the local economy by encouraging the establishment of similar adventure sports facilities across the country, said a release.
In tandem with this launch, Sanasa Life Insurance has introduced a groundbreaking insurance policy designed specifically for skydivers. This unique coverage, effective from the moment jumpers exit the aircraft until they land safely, provides protection against injuries and even death. The policy highlights Sanasa Life’s commitment to ensuring safety in extreme sports, addressing potential risks associated with tandem para jumping—a sport that pairs an instructor with a participant in a thrilling free-fall before deploying the parachute for a controlled descent.
Air Marshal Rajapaksa emphasized the significance of Tandem Para Jumping in attracting adventure-seeking tourists to Sri Lanka, highlighting the sport’s potential to establish the country as a key adventure destination. He said that safety is the top priority, with trained experts overseeing all aspects of the sport.
Sanasa Life Insurance CEO Ivan Nicolas praised the new insurance policy designed to cover participants against injuries or fatalities, providing peace of mind and reinforcing the safety of the sport. This innovative policy not only enhances the appeal of tandem jumping but also supports the country’s tourism growth by ensuring both locals and tourists can enjoy the sport with confidence.
News
Import and Export (Control) Regulations No. 08 of 2026
The Ministry of Industries and Entrepreneurship Development has recommended the establishment of Sri Lankan Standards, i.e. the import testing methodology for imported tires used for passenger cars and pneumatic tires for three-wheelers with the aim of ensuring a fair competitive environment for local
manufactures and ensuring consumer safety and security.
Taking into the said recommendations, “Import and Export (control regulations N0.08 of the 2026)” has been enacted to amend the existing regulations by means of the Extraordinary Gazette Notification No. 2508/27 dated 2026-10-01, prescribing Sri Lanka standard 1212 for the import of passenger types (HS Code 4011.10.90) and Sri Lanka standard 1347 for the import of
pneumatic tires for three – wheeled vehicles (HS Code 4011.90.10).
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning, and Economic Development to submit the aforementioned regulations to Parliament for approval.
News
Draft Bill of the Public Private Partnership Enterprises Act to be gazzetted
Approval of the Cabinet of Ministers was granted at their meeting held on 02.06.2025 to introduce a new act to promote and providing legal provisions for facilitating the Public Private Joint Enterprises within Sri Lanka as well as the establishment of the National Agency for Public Private Partnership Joint Enterprises.
Accordingly, the Legal Draftsman has formulated the relevant draft bill and the Attorney General has given his clearance to the said draft bill.
The Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the said
draft bill in the government gazette notification and thereby submit it to the Parliament for its concurrence.
News
Amendment of the Ayurvedha Act No. 31 of 1961
Regulation, development and control of indigenous medical sector in Sri Lanka comprised of Ayurvedha, Sidhdha, Unani, Local Therapies are carried out under the provisions of Ayurvedha Act No. 31 of 1961.
Although amendments were made to the act from time to time as per the requirements, the necessity of further amending the Ayurvedha Act has been identified to enable efficiently maintaining all activities of local medical field productively, further formalizing the regulation of the sector, taking actions to providing licenses applicable to export of local medicines, and achieving the progress and sustainable development goals in the local medical sector.
Based on the said factors, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Health and Mass Media to direct the Legal Draftsman to formulate a draft bill to amend the Ayurvedha Act No. 31 of 1961.
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