Latest News
Laugfs LPG to cost more
Laugfs Gas PLC, has increased its price of domestic Liquefied Petroleum Gas (LPG).
Accordingly,
The price of a 12.5 kg cylinder has been increased by Rs. 420 to Rs. 4,100
The price of a 5kg cylinder of Laugfs LPG has been increased by Rs.168 to Rs.1,645.
Latest News
S. Achchudan appointed as Director General of the Sports Development Department.
The Cabinet of Ministers granted their concurrence to the resolution furnished by the Minister of Youth Affairs to appoint S. Achchudan of Special Grade of Sri Lanka Administrative Service, who is currently serving as an Additional Commissioner of Elections at the Elections Commission who is
recommended by the panel of interviewers to the post of Director General of the Sports Development Department with effect form 01.01.2026.
Latest News
Amendment of the National Environment Act No. 47 of 1980
The Cabinet of Ministers granted approval to the proposal furnished by the Minister of Environment to publish the draft bill of the National Environment (Amended) Act in the government gazette notification and subsequently to submit the same to the Parliament for its concurrence.
Latest News
Cabinet nod to establish the Sri Lanka Industrial Transformation and innovation Authority
Approval was granted by the Cabinet of Ministers at the cabinet meeting held on 17-03-2025 to establish a single, more effective institution by merging the Industrial Development Board, the National Entrepreneurship Development Authority and Small Business development Division under the Ministry of Industry and Entrepreneurship Development to provide industrial and enterpriser development services in a more organized and efficient manner.
Accordingly, the Ministry of Industry and Entrepreneurship
Development has initiated the establishment of the Sri Lankan Industrial Transformation and Innovation Authority with the objective of minimizing duplication of work, strengthening the provision of institutional services, and building a national integrated platform for industrial and transformation, entrepreneurship promotion and export-oriented enterprise development under a three phase framework of conceptualization, strategic planning and implementation.
Action is being taken at present to obtain the necessary technological assistance under the Policy based loan program of the Asian Development Bank.
Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Industries and Entrepreneurship Development to take further action according to the proposed draft concept framework regarding the ‘the Sri Lanka Industrial Transformation and innovation Authority.
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