An Echelon Media Company
Tuesday January 31st, 2023

Sri Lanka exporters getting advance payments in fix over forced fx conversion

Advance payments are converted before goods are shipped at least by two banks

January 23, 2023 2 min read

Sri Lanka imports down 18-pct in Nov 2022

In November exports fell 17.9 percent to 994 million Us dollars

January 9, 2023 1 min read

Sri Lanka begins third round of FTA talks with Thailand

Expects to have the deal in operation from 1Q 2024

January 9, 2023 1 min read

Sri Lanka primary dealers could be hit most by coupon clip in a DDR

"A DDR that wipes out the primary dealers will seriously affect the ability of the government to raise funds"

January 8, 2023 3 min read
Sri Lanka import controls trigger brown sugar smuggling

Brown sugar is banned to give profits to domestic producers

Sri Lanka sees rising beedi leaf smuggling from India amid increase in tobacco taxes   

Cash strapped Sri Lanka raised tobacco taxes three times since mid last year

Sri Lanka cabinet spokesman bats for China FTA as crisis haunts 

Sri Lanka is in the process to resume FTA talks with China, five years after suspending it

January 3, 2023 2 min read

Sri Lanka minister mulls paths of self-sufficiency or economic freedom for 2023

Out of 1645 items which under import bans after 2020 monetary instability, 795 have been removed

December 25, 2022 3 min read

Sri Lanka President liberalizes fertilizer imports

Open account imports of fertilizer will be allowed from December 21 to June 2023.

December 23, 2022 1 min read

Sri Lanka International Trade Office to lead FTA talks with China, India

Sri Lanka hopes to re-start trade negotiations with India, China and Thailand from January 2023

December 22, 2022 2 min read

Using Indian rupee for trade with Sri Lanka a next step: official

India is Sri Lanka's largest trading partner

December 18, 2022 4 min read

Sri Lanka restricts rice imports ahead of harvest

Rice under import licensing

December 11, 2022 1 min read

Sri Lanka imports down 21-pct in October

Investments goods imports plunged 42 percent to 188.2 million US dollars in October as private credit contracted

December 6, 2022 1 min read

Sri Lanka export revenue falls in October as global recession bites

Sri Lanka has been focusing on boosting exports to come out of economic crisis

December 6, 2022 1 min read

Sri Lanka should prioritize RCEP, not small FTAs: economist

We do not have the bandwidth in government to do multiple trade agreements

December 5, 2022 2 min read

Sri Lanka plans Ceylon tea promotions in Europe, US

Promotions planned in 20 countries

December 5, 2022 2 min read
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Sri Lanka President ends import ban that raised an ugly stink

Deo-odorants, anti-perspirants, shampoo, toilet waters and dental floss could be imported

November 24, 2022 3 min read

Sri Lankans migrant workers urged register to reduce trafficking risks

13,000 have gone abroad on visit visas

November 22, 2022 3 min read

Sri Lanka free trade deals drive 600-pct more exports than imports

Indo-Lanka Free Trade deal brings largest export volume

November 20, 2022 2 min read

China welcomes resumption of Sri Lanka free trade talks

I sincerely wish that both sides could work together and reach an agreement as early as possible

November 20, 2022 3 min read

Sri Lanka president instructs to execute politicized FTA with Singapore immediately 

Former president Rajapaksa's government reviewed the FTA after trade union protests

November 16, 2022 2 min read

Sri Lanka has potential to grow tourism, trade with Mexico: envoy

Cinnamon, used in Mexican foods was the top export from Sri Lanka

November 12, 2022 2 min read

Sri Lanka imports down 15.9-pct in September 2022

Inflows government down, but tourism and remittances start to pick up

November 5, 2022 2 min read

Sri Lanka allows milk powder import under "Open Account" amid central bank concerns

Hawala/Undiyal transactions amid Sri Lanka's forex shortage forced central bank to ban open accounts

Neshella Perera
November 1, 2022 2 min read

Sri Lanka smaller exporters at higher risk from German human rights supply chain law

Smaller exporters may find it more difficult to comply with human rights law

October 30, 2022 4 min read

Sri Lanka to act against travellers wearing too many gold jewelry

Several identified

October 17, 2022 1 min read
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