Business
Construct 2020 brings the No. 1 Construction exhibition in Sri Lanka

CINNOMON GRAND, COLOMBO –
National Construction Association of Sri Lanka ( NCASL), today launched the premier Construction Exhibition with a decade long success story as its 20th consecutive exhibition. The 2020 edition, presented at the Oak room of the Cinnamon Grand Hotel with revolutionary hi-tech, Smart, Future shaping and consumer focused approach.
Construct 2020 has marked its position as,‟ Sri Lanka‟s No 1 Construction Exhibition” to provide services on all construction needs of the nation. The exhibition is scheduled to be held on 20th , 21st and 22nd of November 2020, at the Bandaranayaike Memorial International Conference Hall ( BMICH ), Sirimavo Bandaranaike Exhibition Centre, Colombo, Sri Lanka.
The exhibition will expose visitors to the vast number of choices and alternatives in Housing and construction with close to 250 trade stalls including reputed brands as partners and expected to be hosted at the exhibition.
Sri Lanka‟s largest and most promising construction industry related exhibition showcasing building materials, building services and construction equipment among a wide range of other standardized services.
The Chairman NCASL, Mr. Susantha Liyanarachchi speaking at the occasion said that it was a tremendous achievement to successfully complete 20 years and that 2020 marks a new era for the exhibition. He highlighted that the exhibition is highly focused on the segmentation and specifically focused in consumer needs with the strong belief that a solid foundation with high quality service is the key to success rather than organizing just a construction trade fair. Construct 2020 Committee Chairman Mr. N.G.K.Karunawansa addressed the gathering and said that the exhibition will be conducted by following the Covid 19 health guidelines introduced by the Ministry of Health.
The exhibition will be productive to all stakeholders with a vision of the future development. Anyone who is visiting the exhibition will benefit from the maturity and experience of the event where his/her expectations are fullfiled with utmost satisfaction. Committee Chairman futher stressed that this is the most important area that empowers any individual to make effective choices among options and participation would also benefit by passing on information to others.
2020 edition partners are Alumex PLC as the Platinum Sponsor, Mascons Group as the Gold Sponsor, Nippon Paint as the Silver Sponsor, Elcardo Industries (Pvt) Ltd as the Bronze Sponsor.
Home Land Skyline Pvt Ltd is the Official Real Estate Partner and Anuradhapura Holdings Pvt Ltd is the Official Paving Partner.
Construct 2020 sponsors and partners have officially handed over their sponsorships to officials of Construct. Construct Committee members and NCASL officials invited all who are aspiring construction to visit Construct 2020 in their new journey and benefit from the vast opportunities that will be present at the expo.
Further information may be found at www.constructexhibition.lk
Business
President outlines a bold vision for Sri Lanka tourism at THASL’s 58th AGM

Addressing the 58th Annual General Meeting of The Hotels Association of Sri Lanka (THASL) held on Monday (27) at Shangri-La Hotel, Colombo, President Ranil Wickremesinghe outlined a comprehensive strategy to propel the country’s tourism sector to new heights. Focused on surpassing the target of 5 million tourists and redefining traditional approaches, the President’s vision extends to achieving 7.5 million visitors in the coming years. The President emphasized the need for innovative thinking and collaboration within the industry to ensure sustainable growth.
“When I took over the government, I realized that sustainability alone is not sufficient. How are we going to earn foreign exchange? How are we going to have a positive balance of trade? In that, there were many suggestions. But what is the low-hanging fruit? And one of the low-hanging fruits was tourism. Let’s promote tourism fully,” President Wickremesinghe declared.
The President acknowledged the need to move beyond the existing framework and embrace competition to elevate Sri Lanka’s standing in the global tourism market. Drawing parallels with countries like Vietnam, he questioned why they had more tourists despite being in the industry for a shorter period. President Wickremesinghe stressed the importance of increasing the number of tourists to 2.5 million in the upcoming year and subsequently expanding on this figure.
(PMD)
Business
Free visas for nationals of China, India, Indonesia, Russsia, Thailand, Malaysia and Japan from Monday (27)

The Controller General of Immigration and Emigration has stated that nationals of China, India, Indonesia, Russsia, Thailand, Malaysia and Japan will be granted free visas from Monday 27-11-2023 to 31-03-2024 as a pilot program to rebuild the tourism industry.
Nationals of the above nominated countries possessing, Diplomatic, Official, Public Affairs, Services and Ordinary Passports are eligible to enjoy a visa free regime under this scheme.
The above mentioned nationals should apply for Electronic Travel Authorization (ETA) before arriving in Sri Lanka subject to granting / issuing free of charge up to 31-03-2024.
Under this scheme tourists can enjoy a 30 days free visa period and a double entry facility is permitted within 30 days from the date of first arrival in Sri Lanka.
Free ETA under this scheme can be applied up to 31-03-2024.
The free ETA cannot be extended further and is limited only to thirty (30) days. In case the free ETA period of 30 days expires after 31-03-2024, an extension of visa could be applied subject to paying the appropriate fee.
Business
Sri Lanka and Saudi Arabia prioritize economic ties in apparel and tourism sectors

The Minister of Economy and Planning for the Kingdom of Saudi Arabia. Faisal F. Alibrahim, met with President Ranil Wickremesinghe on Monday (27) at the Presidential Secretariat.
During the discussions, Minister Faisal F. Alibrahim emphasized Saudi Arabia’s keen interest in strengthening economic ties with Sri Lanka across various sectors, including apparels and tourism. He elucidated that his government was focused on expanding economic relations within the region and regarded Sri Lanka with significant importance.
President Ranil Wickremesinghe welcomed the Minister’s comments, asserting that Sri Lanka is actively promoting enhanced cooperation in Asia, including West Asia. He further highlighted that the tourism and agriculture sectors were areas open to greater investment, as the country is committed to modernizing these domains.
(PMD)
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