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

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

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

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

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

The international rice tender recently floated by Sri Lanka for global procurement will close at 2pm on 31 October. Meanwhile, 17000 MT of parboiled rice from India is already in the local marketplace, now sold via Lanka Sathosa outlets at only Rs 74 per kilo. ย more