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More than 5000 Sri Lankan industries have secured country’s first large scale green funding initiative aimed solely at their manufacturing sector-including the SME industries. A massive Rs 5 Bn in funds are to be channelled through 11 leading financial institutions-which includes nine commercial banks.more

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Danish owned AP Moller-Maersk, the world’s largest container shipping line, has welcomed Sri Lankaโ€™s recent move to liberalise its shipping sector on 4 December. โ€œThe Budget 2018โ€™s proposals on Lankan shipping liberalization are very constructiveโ€ said the visiting AP MOLLER-MAERSKโ€™s Senior Director South Asia, Julian Michael Bevis. MAERSKโ€™s South Asiamore

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The Sri Lankan refugee displacement village that entered the global limelight as the worldโ€™s largest refugee camp at one time, has been brought back to life- but not as yet another grim tale of displacement, rather as part of a new US $ 1.8 Mn national apparel initiative at villagemore

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The first batch of low priced rice out of the huge 100000 MT Indian rice tranche has been offloaded and is now moving within Sri Lankan retail market, ending any supply fears.more

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Launching a major assault on the countryโ€™s raging Cost of Living, Sri Lanka closed its international tender call for 200,000 MT rice tranche and swiftly enlisted its vast cooperative network on 1 November to battle the countryโ€™s cost of living onslaught which is now entering the wild territory. Sri Lankamore

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Both Qatar and Sri Lanka vowed to break their present low trade threshold and to move towards bigger targets on 31 October in Colombo. Sri Lanka meanwhile is excited of abundant natural gas potentials of State of Qatar.more