Sri Lankaโs Trade Information Portal (TIP)-governmentโs major initiative on cross-border trade information that complies with the World Trade Organization (WTO)-has stunned world trade circles by garnering the highest validation of data accuracy so far seen on any World Bank assisted info-portal.more
ย Asia Pacificโs leading entrepreneur education series, the flagship UNESCO-APEID meet is to be held for the first time in South Asia-and the milestone event is moved for the region by Sri Lankaโs apex entrepreneur and SME business development agency, NEDA.more
The Kingdom of Saudi Arabia (KSA) now stands as the largest employer of Sri Lankans outside of Sri Lanka. More importantly, KSA commits US$ 300 Mn for Sri Lankaโs development projects.more
The recently concluded six-day long national handcrafts festival has netted highest sales reported in the series so far.more
Sri Lankaโ largest association of bakers announced on 19 September that they are ready to slash bread prices back to previous levels in support of the governmentโs efforts to help the consumers. The bakers, after in-depth discussions, also called for liberalisation of domestic flour market so that even bigger gainsmore
There is no go-ahead whatsoever (given) by the government to increase wheat flour prices in the domestic market, said the Minister of Industry and Commerce Rishad Bathiudeen on 18 September.more
Despite the South Asian giantโs renowned arts and craft traditions of millennia, India cannot hold back its love for Sri Lankan handicrafts.more
Within less than six monthsโ of its pioneering consultations in Colombo, Sri Lanka swiftly moved one more step closer to formulating an e-commerce framework that would safeguard the countryโs digital transactions locally and abroad. Meanwhile Sri Lankaโs e-commerce business sector is projected to hit US $ 400 Mn by 2022.more
The second national Public-Private Dialogue (PPD) on Sri Lankaโs E-Commerce Reform, backed by Genevaโs International Trade Centre (ITC) will open on 6 September in Colombo. The PPD is a part of the EU-Sri Lanka Trade Related Assistance project, worth EUR 8 million funded by the European Union (2016-2020).more
Turning a new page in the history of key Sri Lankan economic drivers-the SMEs, informal enterprises and unlisted businesses -a pioneering financial auditing framework was unveiled in Colombo on 30 August. As a result of the new framework, more than one million registered SMEs and countless other unlisted businesses inmore
Leader of All Ceylon Makkal Congress