Though Sri Lanka โ Canada bilateral trade is modest, surging Lankan exports to Canada could turn it around. โAnnual Canada-Sri Lanka trade values at present show an unexploited trade potential that needs to be exploredโ said Minister of Industry, Commerce, Resettlement of Protracted Displaced Persons, Cooperative Development, Skills Development &more
Opening a new chapter in Sri Lankaโs private sector development, incorporation of a new company in Sri Lanka is now possible from the comfort of oneโs own home. Meanwhile, the Department of Registrar of Companies too has reported an increase in revenues. โName reservation of companies could be obtained online.more
Sri Lanka has activated the long awaited free insurance facility to its historic crafts and handicrafts sectors on 6 October. Sri Lanka announced itโs also keen on introducing hi-tech design tools to its craftsmen so that their intricate work could garner better global attention. โVery soon there will be demandsmore
The United Nations Educational, Scientific and Cultural Organization (UNESCO) expressed its interest to help secure Sri Lankaโs Intangible Cultural Heritage (ICH) on 26 September, while issuing a warning that Sri Lanka is fast losing the prized practices as they โare fading away rapidly.โ โThere is extraordinary value to Sri Lankaโsmore
The initial outlay on Sri Lankaโs largest vocational skilling project announced on 28 August has now increased by a huge 60% from its first value. โDue to some important revisions and re-assessments on ground, the project value has been boosted by another US $ 30 Mn to total at USmore
One of worldโs most dynamic SME and MSME collectives has come forward to support Sri Lankan MSMEs to fulfil its long cherished dream of going global. The offer, made to Lankan SMEs for the first time in its history, also includes free marketing and tech know-how assistance for Lankan SMEs.more
The first hi-tech vocational training centre in Sri Lankaโs Northern Province was launched on 18 September. The US $ 7.6 Mn new facility in Ariya Nagar, Kilinochchi gives Northern youth the sought-after, hi-tech NVQ level course offerings such as IT, electronics and automotive mechanics for the first time. โWe thankmore
Indian industrial investors are preparing for major investment moves in Sri Lankan projects-not only on mega-infrastructure ventures but even on smaller outlays. Indiaโs powerful Confederation of Indian Industry (CII) has, for the first time, expressed its new investment and funding push on Sri Lankan infrastructure projects on 17 September. โSrimore
After a decadeโs efforts involving multiple stakeholders, the first ever national policy for Sri Lankaโs historic cooperative sector is a reality thanks to the backing of International Labour Organization (ILO). The final policy document, called the National Policy on Cooperatives, was presented to Ms Simrin Singh, ILO Country Director formore
No sooner the first ever state run Wheel Alignment Centre (WAC) for the four wheel light vehicle class was launched on 11 September, demand for its services peaked โthat too, not from state owned vehicles but from private vehicle owners hungry for trustworthy servicing. โEight vehicles, including high-roof ambulances, havemore
Leader of All Ceylon Makkal Congress