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UNCTAD’s role in a volatile global market is critical-and UNCTAD is assured of Sri Lanka’s maximum support for its future activities on G-77 and China, as announced on 17 July in Nairobi, Kenya. “Sri Lanka assures you of our maximum support in the deliberations as well as in all futuremore

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In the wake of its essential price control announcement, Sri Lanka acted swiftly to contact its trade officials abroad. Opening a new chapter in Lankan international trade, Minister of Industry and Commerce Rishad Bathiudeen launched a Skype teleconference session with his trade officials (TO) abroad yesterday and began evaluating theirmore

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INCOM national Industry & Commerce expo launched โ€˜70% of our exports from Industry sectorโ€™-Rishad First INCOM in Sammanthurai โ€˜SMEs & regional industries coming into focusโ€™-Rishad Sri Lankaโ€™s first ever national exhibition combining the countryโ€™s industry and commerce sectors was launched on 12 July in Colombo. The pioneering expo is scheduledmore

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In a new move to make Lanka Sathosa a viable entity again, a former Senior Superintendent of Police (SSP) has been brought in to commence the clean-up of largest state owned FMCG network in the country-also on the cards are Mini Sathosaโ€™s specifically to sell essential and controlled price itemsmore

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The Cabinet of Ministers will meet next Tuesday July 12 to decide on the prices of essential goods-and VAT will not be added to these items, said the Minister of Industry and Commerce Rishad Bathiudeen on 8 July in Parliament. โ€œThough the VAT component is applied to a certain commodities,more

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As Sri Lankaโ€™s third economic force reported total value close to $ 3 Bn, it is set to enter the next stage of development with a variety of support measures from the government โ€“including a National Cooperative Act, a Coop policy and the third cooperative university in South Asia setmore

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Despite the sudden uncertainty in European market, Sri Lanka is eager for opportunities unfolding in the Brexit aftermath-and Sri Lankaโ€™s leading international trade agency DoC successfully enlists WTO to unravel new global opportunities for the countryโ€™s growing service exports. โ€œThe new changes from Brexit gives an opening for Sri Lankamore

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Minister of Industry and Commerce Rishad Bathiudeen, taking up singer Iraj Weeraratneโ€™s social media challenge issued recently, planted a red sandalwood bud at Vihara Mahadevi Park on 27 June. โ€œThis is a positive challenge. We need to plant more buds to safeguard loss of treesโ€ said Minister Bathiudeen, and added:more

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Sri Lankaโ€™s surging retail supermarket industryโ€™s newest rising star is from an unlikely source-the cooperatives movement of the country. “Out of all the top six supermarket brands, our coop-city cooperative shop is the third ranking supermarket for household purchases among Sri Lankan households” said Minister of Industry & Commerce Rishadmore