The polythene ban that goes live in three weeks from now, on September 1, despite all its good intentions, likely to affect Sri Lankaโs retail economy, exports and even garbage disposal. The ban will result in the overnight loss of 345000 jobs across the country too, according to Sri Lankaโsmore
As bilateral trade recorded a huge 65 percent surge, the non-EU but central European nation Switzerland has called Sri Lanka to get on board its historic GSP facility and boost Lankan exports to Swiss market further. Meanwhile, UNCTAD says that a vast array of products from Sri Lanka including apparels,more
A huge sub-sector within Sri Lankaโs crucial Small and Medium Enterprises (SME) that directly impacts national food supply and security is being positioned for exports. Encouraged by raging exports in this sector, Sri Lanka has begun work on the countryโs first ever international standard food testing and safety centre thatmore
A buoyant China has reiterated that the Hambantota Port agreement of last week is not a โstrategic moveโ on Chinese side as some see it but only a win-win business proposition with Sri Lanka. Strongly hinting its keenness for bigger trade engagement with Sri Lanka in future, (HE) Chinese Ambassadormore
Sri Lanka, having concluded international โrice talksโ successfully, began finalising the MoUs on Monday 3 July to proceed with the orders. Altogether the country expects to yield a monthโs supply of fresh rice tranche by the initiatives.more
Pakistan assured that it will help resolve the growing crisis faced by 5000 Lankan betel grower families on July 31.more
Sri Lankaโs largest state owned retail store chain commenced its long awaited high tech journey on July 28. And the Minister in-charge says the step by step digital transformation is part of modernisation of the huge retail network.more
A huge quantity of locally milled rice that usually garners strong domestic appeal, is to hit the markets immediately-perhaps as early as next week.more
UNโsย specialized agency forย industrial development is to usher Inclusive and sustainable industrialization framework to Sri Lanka. The new initiative of United Nationโs Industrial Development Organisation (UNIDO) is part of a vast array of strategic interventionsย under the Sustainable Development Goals (SDGs) agreed globally in 2015.more
The essential food supply of Sri Lanka looks set for doldrums as the mounting struggle waged on chilling stealth narcotics deterred top food importers. And the domestic distributors who run the bulk of food supply market in the country, are bracing for the worst at supply side anytime-even fearing formore
Leader of All Ceylon Makkal Congress