Sri Lanka’s merchandise trade and trade balance: report
Nov 04, 2020 (LBO) - The Central Bank of Sri Lanka says the deficit in the trade account contracted by over US dollars 1 billion during the eight months ending …
Trade
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Exporters outlook for business and economy improves; Report
Sri Lankan exporters are more positive in their outlook with expectation for a moderate growth for export business and the economy over the next 12 months as …
EDB facilitates continuous operations of exporters in curfew areas
Oct 15, 2020 (LBO) – Sri Lanka Export Development Board (EDB) is providing facilitation to ensure that the operations of non-BOI, export industries located …
President requests China to participate in Sri Lanka’s tea auction; open market for SL items
Oct 09, 2020 (LBO) – Sri Lanka's President Gotabaya Rajapaksa requests China to participate in Sri Lanka’s tea auction as it will be a major boost to …
China to recommence discussions on FTA with Sri Lanka
Oct 09, 2020 (LBO) – Plans afoot to recommence discussions on China – Sri Lanka Free Trade Agreement and to complete the Hambantota Industrial Scheme …
Sri Lanka Export Development Board proposes export stimulus reward scheme for exporters
Sep 25, 2020 (LBO) – The commendable performance of Sri Lankan exporters and the resilience shown during an unprecedented COVID 19 pandemic is to be rewarded …
President steers revival of Export Development Council
Sep 25, 2020 (LBO) - After a lapse of 28 years the Export Development Council (EDC) was convened under the patronage of President Gotabaya Rajapaksa and Prime …
SL-China biz council to facilitate growth in trade, tourism and investment
Sep 07, 2020 (LBO) - The 19th Annual General Meeting of the Sri Lanka – China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held recently. …
SLINTEC and EDB join hands to export COVID-19-related products
Aug 26, 2020 (LBO) – The Sri Lanka Institute of Nanotechnology (SLINTEC) and the Sri Lanka Export Development Board (EDB) has taken the advantage of global …
Sri Lanka’s exports surpass USD 1bn mark in July with V shape recovery
Aug 14, 2020 (LBO) – Sri Lanka’s exports have surpassed the USD 1 billion mark in July after six months time period where a similar achievement was only …
People’s Bank & SAPPTA discuss tailor-made financial solutions to boost spice exports
Aug 09, 2020 (LBO) – People’s Bank held a discussion with the Spices and Allied Products Producers' and Traders Association (SAPPTA) with the aim of …
Chitranjali Dissanayake appointed Director General of Export Development Board
Aug 08, 2020 (LBO) – Chitranjali Dissanayake has been appointed as the Director General of Sri Lanka Export Development Board (EDB) with effect from 4 August …
Revitalizing bilateral trade and investment between Sri Lanka and Germany
Aug 06, 2020 (LBO) – The Consulate General of Sri Lanka in Frankfurt am Main organised a Business Forum on 31 July 2020 on the occasion of the visit of …
Opinion: COVID–19 is accelerating the technology takeover
by Shanil Fernando (Co-founder & MD of Sysco LABS) The COVID-19 pandemic has revealed a great deal of vulnerabilities in our world and our way of life …
Opinion: A return to import substitution won’t deliver rapid growth
R.D.R. Jayampathi Sri Lanka has imposed increasing levels of controls on imports since March 2020. While this was partly a reaction to a balance of payments …
Mastercard expands simple & secure digital checkout experience in Asia Pacific
As Asia Pacific shifts rapidly to digital commerce, Mastercard is bringing the next generation of seamless payments to the region with an online checkout …
Extension of import controls further batters Sri Lankan economy: Advocata
According to the Extraordinary Gazette No 2182/10 of June 2020, import controls imposed by the earlier gazette Number 2176/19 of 22 May 2020 have been extended …
Opinion: Import controls – out of control?
By Erandi de Silva As the COVID-19 virus forced much of the world into lockdown, the scale of interdependence and reliance on trade across nations was apparent …
Sri Lanka not exempted from border restrictions so far: British High Commission
Jul 05, 2020 (LBO) – The UK has announced a change to its Global Travel Advisory, which advises British nationals against all but essential international …
Concessionary period for port occupational charges extended up to 07 May
Apr 28, 2020 (LBO) – The Ministry of Ports and Shipping has informed Sri Lanka Ports Authority (SLPA), SAGT and CICT on 27 April 2020 to extend the …