News
Silk Route Ventures forays into retail with opening of its first store at Havelock City Mall
Silk Route Ventures, one of the leading providers in organic food and beverage and nutraceuticals in Sri Lanka, recently entered the retail space with the opening of its first-ever store under one of its health and wellness brands, Ancient Nutra at the Basement of the newly inaugurated Havelock City Mall, as part of its domestic expansion strategy making its products more accessible to local consumers.
Ancient Nutra offers a wide range of nutraceuticals; herbal and herbal extracts supplements, natural food and beverage, and natural cosmetics. The demand for these products is experiencing a surge as many choose to adopt a healthier and more responsible lifestyle.
The products are sourced from soil untreated with chemicals from small scale growers, organically grown and processed in Sri Lanka using some of the most modern techniques, with the aim of reviving ancient remedies and medicines. The products are certified by USDA Organic, EU Organic, and processed in a GMP, HACCP, ISO 22000, FSSC 22000 and Ayurveda Department certified factory.
With the recent entry into retail, consumers can now visit the store to experience the diverse range of products Ancient Nutra has to offer in addition to its strong online presence. The company’s supply chain network and capabilities are designed and positioned to also reach key international markets across the world, and have seen tremendous growth in its exports in the recent months.
Further, consumers will also now be able to buy a range of plant-based products including mayonnaise, cheese spread, cashew cheese, nuggets, burger patties, mince mix, and coconut jam, produced and marketed under its Plant Based Studios brand at the Cargills Food Hall in the basement of Havelock City Mall.
News
Cabinet nod to increase the number of new automated passenger clearance gates at the Bandaranayake International Airport to 12
Approval of the Cabinet of Ministers was granted at their meeting held on 19.05.2025 to purchase four (04) automated passenger clearance gates for Bandaranayake International Airport.
In addition, it is expected to extend the automated passenger clearance gates facility so far given only to the Sri Lankans
parallel to the e – passport issuance system to be introduced in the year 2027 also to the foreigners who travel to and from this country.
Furthermore, considering also the number of air passengers rapidly increasing with the fast – forwarding business and tourism field, the appropriateness to increase the total automated passenger clearance gates up to twelve (12) in number has been recognized.
Accordingly, the Cabinet of Ministers, approved the resolution furnished by the Minister of Public Security and Parliamentary Affairs to initiate the procurement and installation of 12
automated passenger clearance gates altogether with the already approved four (04) and another eight (08) automated passenger clearance gates adhering to the formal procurement procedure
News
Draft Bill for amending the Trust Ordinance
Based on the observations submitted by the Task Force on Prevention of Money Laundering and Financing for Terrorism, approval of the Cabinet of Ministers was granted at their meeting held on 18.12.2024 to amend the Trust Ordinance No. 9 of 1917 including amendments proposed by the Financial
Intelligence Unit of the Central Bank of Sri Lanka.
Accordingly, clearance of the Attorney General has been granted for the Trust (Amendment) Draft Bill formulated by the Legal Draftsman.
Therefore, the Cabinet of Ministers approved the resolution furnished by the Minister of Justice and National Integration
to publish the said draft bill in the government gazette notification and thereby, submit the same to the Parliament for its concurrence.
News
Implementing further relief programme to Public sffected by the Middle East conflict situation
Action was taken to provide a fuel relief for the fuel consumers during the months of April, May and June of 2026 to redress by minimizing the impact caused to the day today life of the citizens of this country as well as the entire economy due to the price hike of petroleum fuel in the global market resulting from the war situation in the Middle East.
Government mediation is essential for minimizing the impact on the day to today life of citizens in this country due to that war situation not being ended further. Therefore, it has been planned to redress on the sale price for Auto Diesel and Industrial Diesel for a period of 03 months by the Government to provide relief to the public as well as to maintain the prices at a bearable level to the consumers without escalating the fuel prices in this country compared to the escalation of fuel prices
in the international market.
Therefore, the Cabinet of Ministers granted approval for the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to
allocate provisions subject to the monthly limitations respectively as rupees 15 billion for the month of October, rupees 13.5 billion for the month of November and rupees 12.15 billion for the month of December to provide the said relief
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