CEAT Kelani to invest Rs3Bn in local tyre industry , Eyes US market
Jan 11, 2018 (LBO) - Sri Lankan tyre manufacturer, CEAT Kelani said they will invest 3 billion rupees in the local industry over next two years. Unveiling …
Trade
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Russian Federation wants bigger trade with Sri Lanka; talks on Tea, asbestos
Jan 10, 2018 (LBO) – Russian Federation has vowed for bigger trade with Sri Lanka, calling to dispatch a strong delegation to the trade meet scheduled in …
Aus-SL trade reaches AUD1.3bn with 27-pct growth in trade in services
Jan 09, 2018 (LBO) – Trade between Australia and Sri Lanka has surged to a record high of 1. online pharmacy buy cymbalta with best prices today in the USA 3 …
US GSP withdrawal not country-specific, Impact on total exports small: AmCham
Jan 05, 2018 (LBO) - The American Chamber of Commerce says the decision to withdraw the GSP form Sri Lankais not being country-specific and is one stemming …
Sri Lanka Malayasia to further strengthen ties with PM visit
Dec 14, 2017 (LBO) - Malaysian Prime Minister Dato’ Sri Mohd Najib Tun Abdul Razak will visit Sri Lanka from 17th to 19th December. Issuing …
Sri Lanka to make health care certificate for textiles compulsory
Dec 13, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to make it compulsory to obtain a health care certificate for textile and garment products. …
First EU GSP+ guide for Lankan exporters published
The first comprehensive and almost step by step guide for Lankan exporters to export under EU GSP Plus scheme has been released. Titled the “EU GSP+ Business …
SL, US to amend open skies deal facilitating efficient cargo movement
Dec 05, 2017 (LBO) – United States and Sri Lanka on Monday signed an agreement to amend the bilateral Open Skies Agreement of 2002 to facilitate the movement …
Sri Lanka should use technology to promote transparency and efficiency in businesses
Oct 31, 2017 (LBO) – Sri Lanka needs to reduce the number of institutions interfacing with traders and use technology to promote transparency and efficiency …
Business delegation from Shanghai visits Ceylon Chamber
(PRESS RELEASE) - A Chinese Business Delegation led by Council for the Promotion of International Trade Shanghai (CPIT Shanghai) visited the Ceylon Chamber of …
Sri Lanka – Pakistan open consultation after 3 years, targets US1Bn trade by 2018
Oct 19, 2019 (LBO) - The fifth Sri Lanka-Pakistan Foreign Office Consultations were held recently in Colombo, after a lapse of three years with the meeting of …
Sri Lanka export up 15.5-pct, Trade deficit widens
Oct 19, 2017 (LBO) - Sri Lanka's earning from exports increased by 15.5 percent (year-on-year) to US 1,001 million dollars in August 2017 with growth seen in …
Global changes create huge challenge to Asian ports: SLPA Chairman
Oct 03, 2017 (LBO) – Sri Lanka’s Ports Authority Chairman Parakrama Dissanayake says Global macroeconomic changes have created a huge challenge to the …
Sri Lanka exports grow 14-pct in July 2017 driven by industrial and argi sectors
Sept 29, 2017 (LBO) - Sri Lanka's exports grew 13.9 percent with earnings from exports up to 1,016 million dollars in July 2017, the Central Bank said. …
New US Trade Rep assures no major changes in trade policy on Sri Lanka
Sep 18, 2017 (LBO) – The United States has stressed that there shall be no major change in its trade policy towards Sri Lanka in the aftermath of its new …
Sri Lankan delegation visits Vietnam for trade opportunities
Sept 15, 2017 (LBO) - A 12-member Sri Lankan delegation has visited Vietnam this month to explore trade opportunities and establish long-term connections with …
Sri Lanka’s export problem is not concentration but composition: Verité
Sept 13, 2017 (LBO) - Sri Lanka's export product composition is heavily concentrated in the United States and the United Kingdom while having very limited …
Sri Lanka and India commit to stronger bilateral relations
Sept 11, 2017 (LBO) - Sri Lanka's Foreign Minister Tilak Marapana met with Indian Prime Minister Narendra Modi to convey greetings of Sri Lanka's President and …
Bangladesh eyes FTA with Sri Lanka by 2018
Sep 08, 2017 (LBO) - The Bangladeshi Commerce Minister has made a high-level call for speedier Free Trade Agreement with Sri Lanka, to conclude as early as …
Dilmah Ceylon to consolidate, acquire export business of MJF Teas
Aug 30, 2017 (LBO) – Sri Lanka’s global tea brand Dilmah Ceylon Tea Company is to acquire the tea export business of MJF Teas (Private) Limited for 442.5 …