The famed Northern lands where Sri Lankaโ€™s chemical giant Paranthan Chemicals Company (PCC) stood are now earmarked for a large industry block which will also pack Sri Lankaโ€™s first Heavy Chemical Industry Zone. โ€œNorthern factories of PCC that were discontinued in 1985 are to be revived. The site will alsomore

Sri Lanka will not allow any sudden hike in domestic LPG gas prices right away-even if the global crude rates continue to gallop.more

A pioneering Entrepreneurship Education (EE) series by UNESCO that successfully concluded in Colombo on 12 October has elevated Sri Lanka as the new Chair of prestigious UNESCO-APEID EE series, making it the first South Asian country to clinch this Chair. More importantly, a landmark international declaration โ€“seen also as amore

Sri Lankaโ€™s Department of Commerce (DoC) has reported the countryโ€™s largest ever global trade linkage for Sri Lankan exports sector so far on 16 October in Colombo. The DoC also stressed that for the first time in a decade, Sri Lankan exports to this huge market has doubled.more

The second session of Kuwait-Sri Lanka Joint Ministerial Committee (JMC) held in Kuwait concluded on a โ€œhighly positive noteโ€ said the Department of Commerce of Sri Lanka (DoC) on 12 October. A bigger role for private sectors of both sides-with a pioneering Chamber to Chamber MoU -is now envisioned, accordingmore

To boost trade within the region, SAARC is working to go hi tech. โ€œSouth Asia is emerging as the one of fast-growing regions in the world and is expected to play a dynamic role in shaping the โ€˜Asian Centuryโ€™. However the share of trade taking place between South Asian countriesmore

Despite playing a huge role in the countryโ€™s economy, Sri Lankan entrepreneurs and SMEs are struggling to advance their business capacities due to lack of skills and relevant business education. An international, multi-stakeholder meeting on entrepreneur education to be held next week in Sri Lanka is expected to address thismore

Sri Lankaโ€™s Trade Information Portal (TIP)-governmentโ€™s major initiative on cross-border trade information that complies with the World Trade Organization (WTO)-has stunned world trade circles by garnering the highest validation of data accuracy so far seen on any World Bank assisted info-portal.more

ย Asia Pacificโ€™s leading entrepreneur education series, the flagship UNESCO-APEID meet is to be held for the first time in South Asia-and the milestone event is moved for the region by Sri Lankaโ€™s apex entrepreneur and SME business development agency, NEDA.more