Paranthan Chemical factory to return with two new industry zones
The famed Northern lands where Sri Lankaโs chemical giant Paranthan Chemicals Company (PCC) stood are now earmarked for a large industry block which will also pack Sri Lankaโs first Heavy Chemical Industry Zone. โNorthern factories of PCC that were discontinued in 1985 are to be revived. The site will alsomore
โNoโ lpg PRICE hike NOW
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
UNESCO-APEID meet cinches landmark โTrincomalee Declarationโ
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 โseen also as amore
Chinaโs largest agri-wholesaler wants SL produce
Sri Lankaโs Department of Commerce (DoC) has reported the countryโs 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
bigger role for private sector in 2nd Sri Lanka-Kuwait talks
The second session of Kuwait-Sri Lanka Joint Ministerial Committee (JMC) held in Kuwait concluded on a โhighly 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
Colombo hosts e-commerce meet to boost SAARC trade
To boost trade within the region, SAARC is working to go hi tech. โSouth Asia is emerging as the one of fast-growing regions in the world and is expected to play a dynamic role in shaping the โAsian Centuryโ. However the share of trade taking place between South Asian countriesmore
only 16% Sri Lankan students enter university!
Despite playing a huge role in the countryโs 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
New DoC Info Portal stuns world trade
Sri Lankaโs Trade Information Portal (TIP)-governmentโs 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
NEDA pioneers UNESCO milestone in South Asia
ย Asia Pacificโs 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 Lankaโs apex entrepreneur and SME business development agency, NEDA.more
Saudi Arabia commits $300 Mn for Lankan development projects
The Kingdom of Saudi Arabia (KSA) now stands as the largest employer of Sri Lankans outside of Sri Lanka. More importantly, KSA commits US$ 300 Mn for Sri Lankaโs development projects.more