Recording a pioneering initiative in Sri Lankaโ€™s exports history, the country is moving to set up the first ever national level mechanism to overcome a daunting modern global trade issue it faces; Sanitary and Phytosanitary Compliance (in simpler terms, โ€˜export quarantining and other technical barriersโ€™).more

Two leading experts from Geneva are now in Colombo for 20 February’s pioneering session by Department of Commerce to work on one of the most technically demanding barriers for Lankan exporters, called by global trade as Sanitary and Phytosanitary (SPS) measures-in simpler terms, โ€˜quarantining and technical barriersโ€™.more

As more imported rice began entering the market, the Consumer Affairs Authority (CAA) swiftly re-issued a new Maximum Retail Price (MRP) order on 17 February for three varieties of rice-this time, with the inclusion of locally milled rice clearly spelt.more

As imported rice volumes began feeding into domestic retail and wholesale channels, Minister of Industry and Commerce began making surprise visits to learn about the market status first-hand on the eve of 15 February.more

Demand from Sri Lankan private sector and exporters to join Department of Commerceโ€™s pioneering session on exporting to Nordic regionโ€™s most dynamic market heldย  15 February surged by 14 February evening with more than 100 corporates and institutions thronging to register for the rare event.more

Minister of Industry and Commerce Rishad Bathiudeen met Abul Khair, Chairman of Bengal Foundation, Bangladesh during his recent visit to Asia Pacific Business Forum in Dhaka.   Bengal Foundation was set up on the belief that exposure to the arts and culture lend a certain enlightenment and erudition to people,more

The first dayโ€™s turnover of the latest Lanka Sathosa outlet exceeds Rs 600,000-and Sri Lankaโ€™s largest state owned retail chain is now aiming at 500 outlets, as per its expansion plan.more

Sri Lanka is moving away from taxpayer funded Public Private Partnerships (PPPs), which has been the norm, and switching to privately funded PPPs-and a domestic Infrastructure Corridor Development plan of the government within Sri Lanka has been swiftly promoted at a high profile Asia Pacific investment forum in Dhaka.more