An Echelon Media Company
Sunday June 23rd, 2024

Sri Lanka, Saudi Arabia to cooperate in promoting direct investment

Attract direct investment to country and improve investment environment of both countries

June 20, 2024 1 min read

Sri Lanka's Brazil envoy initiates sister city link between Colombo and Rio

Invited Brazilian entrepreneurs and tourists to make use of experience and opportunities available in Sri Lanka

June 20, 2024 1 min read

Sri Lanka car import relaxing roadmap given to IMF: State Minister

Luxury cars which attract the highest taxes, are the last to be relaxed

June 15, 2024 2 min read

Sri Lanka car import relaxation full plan by June 15: IMF report

A detailed plan, including the implications on tax and reserve accumulations, will be finalized by June 15

June 14, 2024 3 min read
Sri Lanka to implement national tariff policy in three phases from 2025

"Various policies introduced from time to time by the existing governments,"

Sri Lanka to begin free trade agreement negotiations with Malaysia

Free trade deals with Asia and Pacific have generated sharply more exports than imports

Sri Lanka, Maldives to increase ties in trade, tourism, energy

Maldives wants to recruit Sri Lankan teachers and doctors

June 8, 2024 2 min read

Sri Lanka looks to remove obstacles in toddy export

Large market abroad for toddy, kithul, palm and coconut related products.

June 7, 2024 2 min read

India's Modi tells Sri Lanka President he looks to economic partnership, amid poll setback


June 5, 2024 2 min read

Sri Lanka relaxes food imports controls that were kept as poor skipped meals


June 4, 2024 2 min read

Sri Lanka explores including pharmaceuticals, machinery in Pakistan FTA: Envoy

Both Sri Lanka and Pakistan are yet to exploit the full potential of FTA

June 4, 2024 2 min read

Sri Lanka foreign exchange earnings exceed imports by $542mn in April

Exports, tourism, remittances and net services were US$2,014 million in April 2024, compared to $1435mn for imports

June 1, 2024 4 min read

Sri Lanka businesses aim to strengthen links with IORA partners

IORA business conclave organized by the Ceylon Chamber of Commerce discusses collaboration between member states

May 30, 2024 2 min read

Iraq official invites Sri Lanka investors to do business in Bagdad, Kurdistan

Through direct shipping facilities, Sri Lanka can enjoy benefits of fast and convenient trade facilitation to Europe, ME

May 29, 2024 1 min read

Sri Lanka rubber sector collapse to worsen with wage hike order: official

"Just because our cost of production may rise, we cannot raise our sale prices, because we are not price makers"

Nethmi Rajawasam
May 29, 2024 2 min read

Sri Lanka EDB, collaborators to pick 10 pioneering brands for capacity building

10 pioneering Sri Lankan brands will be selected to showcase nation's dedication to sustainability, ethical practices

May 27, 2024 2 min read
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Sri Lanka agriculture minister asks for potato import tax as people skip meals

"The prices are up because or production costs are high. That's why we can't compete with imports."

Apsara Rodrigo
May 22, 2024 2 min read

Sri Lanka goods exports down 4.1-pct in April, services up 19-pct

Sri Lanka's merchandise exports fell 4.1 percent from a year ago to 813.81 million dollars in April 2024,

May 21, 2024 1 min read

Michelin delegation reviews Sri Lanka rubber de-forestation compliance

EU's Regulation on Deforestation Free Products (EUDR) seeks to guarantee products do not contribute to deforestation

May 20, 2024 2 min read

Sri Lanka's EDB and Peoples' Bank tie up to offer exporters finance, knowledge

People’s Bank to offer financial advisory services, funding facilities, and trade finance options to exporters with ED...

May 14, 2024 1 min read

Sri Lanka to fill vacancies in its Office on Missing Persons

Sri Lanka's Parliament has called for applications to fill vacancies in its Office on Missing Persons (OMP).

May 6, 2024 2 min read

Sri Lanka apparel exporters ask for forex conversion rule to end

Immediate removal of the mandatory conversion of export proceeds is urgently required.

May 6, 2024 11 min read

Sri Lanka key services help inflows outpace imports by $514mn in March

The services account surplus was $431mn, higher than the reported trade deficit.

May 2, 2024 2 min read

Sri Lanka’s car market set to coast downhill

Brand new vans advertised for around half the price of asking price of some second hand ones

April 28, 2024 2 min read

Sri Lanka worker migration, passport issues, begin to decline

Total departures for all purposes see a recovery

April 25, 2024 3 min read

Sri Lanka state oligopoly allowed to import some black gram

STC, Food Promotion Board and Hadabima Authority allowed to import some black gram

April 23, 2024 1 min read
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