Press & News (Page 26)

The expiration of US Generalized System of Preferences (GSP) for Sri Lanka on 31 December has only marginal impact on the country’s exports to US. Meanwhile, Sri Lanka’s trade with US shows a positive trend this year in comparison to 2015 and ‘16.more

For small economies like Sri Lanka, the role of WTO has become ever more crucial.more

Sri Lanka is optimistic the Ceylon Tea ban by the Russian Federation said the Commerce Minister Rishad Bathiudeen on 17 December.more

After nearly two decades of continued battle for its survival, the handloom sector of Sri Lanka has finally turned around.  The change was marked on 15 December by the felicitation of a handloom veteran and by the issuance of the first commemorative postal stamp for Lankan handlooms in Colombo.more

Pakistan’s influential and sole rice exporters grouping urged the Sri Lankan Trade Minister to slash import tax slapped in Colombo on their shipments on 12 December.  They also called for doubling of Pakistani basmati rice intake by Sri Lanka.more

For the first time, chic, urban craft trends enigmatically nurtured by an unusual group of Lankan seniors have entered the domestic marketplace.more

The All  Ceylon Makkal Congress (ACMC), which was instrumental in ushering the good governance administration to Sri Lanka, has announced the formation of a new political alliance ahead of forthcoming Local Government (LG) polls. Interestingly, this announcement also the first major political development in Sri Lanka’s LG polls’ season, givingmore

The first comprehensive and almost step by step guide for Lankan exporters to export under EU GSP Plus scheme has been released.more

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