For the first time, the International Cooperative Day celebrations in Sri Lanka are to be held in the East Province. The 96th international day of celebrations will be followed by a seven-day long, island-wide special cooperative activities.more

Worried workers of a state-owned, rare business success have flocked to HE Sri Lankan Presidentโ€™s office on 31 May bitterly complaining that after the operation has been swapped to a different Ministry from its parent, it now risks falling back to the โ€˜loss-making ventureโ€™ that it used to be.more

Lanka Sathosa, the country’s largest state owned retail chain, has clinched committed support from the people of the United States thereby recording the institutionโ€™s first ever inward global assistance flow on 24 May.more

China hinted Sri Lankaโ€™s growing importance in its ambitious $500 Bn One Belt One Road (OBOR) initiative saying Sri Lanka a โ€œhubโ€ in its OBOR strategy. Sri Lanka meanwhile stressed of its own role in OBOR, and revealed that the Colombo Port City project despite the 25 year long timeline,more

A historic Sri Lankan industry spanning 100 year period and producing an essential item in the day-to-day lives of households, is bracing for the sudden dousing of their fires due to supply side pressure. A high level policy directive is now awaited after the intervention of the Industry Minister.more

With 2018, Sri Lankan apparel sector has entered a breakthrough year in its history of exports. Meanwhile, industry leaders joined by a Cabinet Minister, say that increasing apparel exports and receiving trade benefits such as GSP Plus facility, should not blind the sector but the industry should move on andmore

Sri Lankaโ€™s newest Free Trade partner in the world, itself a major economic hub, hinted its keen ambitions to leverage the Sri Lankan economic partnership as a springboard towards the rising South Asian market.more