Sri Lankaโs pioneering sme digital platform takes off
Backed by a Singaporean firmโs generous grant of a powerful database software, Sri Lanka began work on the first national digital databank of its SMEs and entrepreneurs on 12 February.more
defamation of Rishad results in compensation demand
The Minister of Industry and Commerce has claimed Rs One Billion compensation with regard to a statement broadcast on a local TV channel that allegedly damaged his image, reputation and good will.more
Lanka Sathosa scales beyond 400
Lanka Sathosa, the country’s largest state owned retail chain, has expanded its branch network beyond the 400 milestone and began moving for the new target of doubling its branch network on Friday 25 January.more
Sri Lankaโs Footwear sector tributes Industry Minister
For the first time in the history of Sri Lankaโs US $550 Mn footwear and leather sector, the industry has come forward to felicitate the Cabinet Minister in charge of it for โinvaluable support and servicesโ that he rendered towards its success.more
Sri Lankaโs first artisan protection a reality by March
Sri Lankaโs first ever insurance cover for its artisans and craftsmen will commence this March. The insurance scheme, initially proposed by HE President Maithripala Sirisena in 2017, has been a rallying cry by many local craftsmen for years. Meanwhile, the second national census of the countryโs handlooms sector too ismore
Sri Lanka handlooms go hi-tech after decades
Sri Lankaโs textile and handlooms sector gets a major upgrade this year after many decades when a global technology platform used in complex patterns is presented to domestic craftsmen and designers this year.more
Sri Lanka co-operatives enter national rice supply chain
Boosting much needed farmer income and even blocking domestic market manipulations by the countryโs large rice miller oligopoly, Sri Lankan Cooperative System is taking on a new challenge. The Cooperative sector- hitherto been on the rice distribution end- is now stepping in to the countryโs fragmented rice supply chain.more
South Asiaโs leading e-company registration opens Monday
The second stage of South Asiaโs most sophisticated, national scale electronic company registration will commence when Sri Lankaโs Company Registrar activates it on Monday 21.more
Sri Lankaโs first fully UAE funded IDP โresettlement cityโ opens
The first ever re-settlement city for Sri Lankan displaced persons fully funded by a donor from United Arab Emirates (UAE) was launched on January 13 in Mannar. The new facility goes beyond being a mere collection of new houses to integrate many infrastructures of a small city.more
Cooperative allegations proved false
The Sri Lankan consumer can benefit only when the small scale rice miller is safeguarded. โWe praise Minister Rishad Bathiudeen for promptly looking into this issue and clarifying itโ said Namal Karunaratne of Lanka Govijana Sansadaya (All island Farmersโ Federation-AIFF) on 9 January. Karunaratne was speaking after a meeting withmore