Press & News (Page 17)

The recently concluded six-day long national handcrafts festival has netted highest sales reported in the series so far.more

Sri Lanka’ largest association of bakers announced on 19 September that they are ready to slash bread prices back to previous levels in support of the government’s 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 giant’s renowned arts and craft traditions of millennia, India cannot hold back its love for Sri Lankan handicrafts.more

Within less than six months’ of its pioneering consultations in Colombo, Sri Lanka swiftly moved one more step closer to formulating an e-commerce framework that would safeguard the country’s digital transactions locally and abroad. Meanwhile Sri Lanka’s e-commerce business sector is projected to hit US $ 400 Mn by 2022.more

The second national Public-Private Dialogue (PPD) on Sri Lanka’s E-Commerce Reform, backed by Geneva’s 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

After a decade of country-wide efforts involving eight million members, the first ever national policy for Sri Lanka’s historic cooperative sector has finally arrived at Cabinet levels for ultimate approval.more

Sri Lanka’s mining and quarrying sector packs greater potentials in revenues and capacity. Sri Lanka now has the latest technology to create the breakthrough wonder material ‘graphene’ from its own, high purity graphite deposits.more