Ten Value Addition Centres for fruits and vegetables to be built
Jan 04, 2017 (LBO) – Sri Lanka’s government is to establish ten Value Addition Centres adjacent to farms in public-private partnership with processing, …
Trade
Sri Lanka’s share of Chinese FDI going into Asia low: policy paper
Dec 30, 2016 (LBO) - Sri Lanka, which runs a trade deficit with China, should aim to increase the island's share of Chinese FDI going into Asia, a policy paper …
Vehicle registrations edge higher in November: JB Securities
Dec 26, 2016 (LBO) - Sri Lanka vehicle registrations edged higher in November compared with October, on most categories, likely driven by pre-budget demand, JB …
Sri Lanka exporters await confirmation of RAMIS
Dec 09, 2016 (LBO) – Sri Lanka’s Exporters Association, which represents a majority of the island’s exporters, has urgently called upon the Finance …
U.S., Sri Lankan experts discuss island’s trade potential
Dec 02, 2016 (LBO) - U.S. and Sri Lankan officials have held three seminars on trade policy to unleash the island's trade potential, a statement said. The U.S. …
Sri Lanka establishes resident mission in Ethiopia
Nov 28, 2016 (LBO) - Sri Lanka has established a resident mission in Addis Ababa, Ethiopia to broaden ties with the nation located in the Horn of Africa. "With …
SL-China trade crosses USD4bn, 93-pct imports from China
Nov 23, 2016 (LBO) – Bilateral trade between Sri Lanka and China has crossed the 4 billion US dollar threshold for the first time last year, the industry and …
EU-Sri Lanka launch EUR 8mn project for SME trade competitiveness
Nov 16, 2016 (LBO) - The European Union has launched a 8 million euro project that will help Sri Lanka increase its small and medium enterprise trade …
No permission to increase powdered milk: Finance Minister
Nov 04, 2016 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake says that the prices of powdered milk will not be increased for whatever reason …
Sri Lanka’s increased VAT to be applied from Nov 01
Oct 28, 2016 (LBO) – Inland Revenue Department said the changes to VAT and NBT will be implemented with effect from November 01. Releasing a statement, its …
First blockchain trade in cotton from Texas to China
Oct 24, 2016 (LBO) - Australia's Commonwealth Bank and Wells Fargo have used blockchain, the technology behind the digital currency bitcoin that can secure …
Ceylon Chamber welcomes relaxing export proceeds rule
Oct 20, 2016 (LBO) – Ceylon Chamber of Commerce has welcomed the move to ease the rule on repatriation of export earnings, increased from the earlier 90 days …
European Council President pledges to support Sri Lanka GSP+
Oct 18, 2016 (LBO) – European Council President has pledged to Prime Minister Ranil Wickremesinghe the fullest support to regain the GSP+ concessions for Sri …
FDI key for trade and export growth: Chinese Minister
Oct 13, 2016 (LBO) - Foreign direct investment (FDI) plays a very important role for a country to develop its trade and export growth, a senior Chinese …
Sri Lanka to provide adjustment package for FTA trade disruption
Oct 13, 2016 (LBO) – Sri Lanka will introduce a trade adjustment package for local industrialists in order to face possible trade disruptions that may occur …
Social, environmental considerations a must in trade: World Export forum
Oct 12, 2016 (LBO) - Trading countries should look at multilateral levels with regional trade agreements alongside transformation in investment, trade and …
Sri Lanka GSP plus talks to commence in Brussels: PM
Oct 12, 2016 (LBO) - Sri Lankan premier Ranil Wickremesinghe said that he will be traveling to Brussels shortly for the Generalized System of Preferences (GSP) …
Expo paves way for faster subcontinent cross border logistics
Oct 10, 2016 (LBO) - Expo Freight says it has achieved a significant milestone in cross border trade in the Indian subcontinent after a shipment for Marks …
Sri Lanka’s Elephant House pours soft drinks into Europe
Oct 07, 2016 (LBO) – Sri Lanka's iconic Elephant House has signed up with a UK-based bottling facility for the production of 1. online pharmacy buy strattera …
Sri Lanka attracts major container ship MSC Maya to Colombo
Sep 27, 2016 (LBO) – Sri Lanka’s Colombo International Container Terminal (CICT) attracted one of the largest container ships in the world ‘MSC Maya’ …