Against a transformative and competitive regional backdrop, Sri Lanka aspires to become South Asia’s logistics hub. The leading impetus to this ambitious vision is Sri Lanka’s National Export Strategy (NES); and its prominence to the logistics industry. Directly employing roughly over 50,000 people industry-wide, the sector has an ambitious vision to grow from a traditional…
In an effort to protect local small scale agriculture exporters, the government imposed restrictions on the importation of several agriculture crops. Accordingly, the government restricted the importation of Corn, Green gram, Peanut, Dried chilli, Black gram (ulundu), Turmeric, Ginger, Black-eyed pea (cowpea), Big onion and Red onion among other crops. Meanwhile, today (27) Cabinet Spokesman…
The Honorary Consulate of Sri Lanka in Western Australia, under the guidance of Honorary Consul Rosh Jalagge, was able to bring much-awaited relief for Sri Lankans who were unable to return to Sri Lanka, due to various COVID-19 related issues such as state border closures and the absence of direct flights. Western Australia is home…
The Information and Communication Technology Agency (ICTA) and the United Nations Development Programme (UNDP) in Sri Lanka signed a 4-year Memorandum of Understanding (MoU) today (26) to support Sri Lanka’s aspirations for Digital Transformation. ICTA and UNDP will collaborate towards the design and implementation of a comprehensive National Digital Strategy under the ‘Vistas of Prosperity’…
Sanjaya Mohottala, the Direct General (DG) of BOI met with Sarah Hulton OBE the British High Commissioner at the High Commissioners residence recently to discuss investment promotion strategies in order to attract more FDI from the United Kingdom. Michael Fernandopulle, Head of Trade & Investment and Asanthi Fernando, Deputy Head of Trade & Investment also…
Sri Lanka Telecom Group welcomes TRC’s progressive move to bring number portability. One of the first decisions taken by the new Board of SLT was to lobby for number portability in Sri Lanka. The SLT Group, being the fastest network connecting Sri Lanka’s deep rural to the world, is excited with the new possibilities number…
The Finance Ministry recently announced that it has made an order to waive- off the balance amount after collection Rs.6 per kg from the applied special Commodity Levy of 10% or Rs.150 per kg whichever is higher on Jack and horse mackerel. According to the Extraordinary Gazette issued by the Finance Ministry, the order will…
The Board of Directors of Property Development PLC (PDL) yesterday (25) announced that the Board has authorized the Chairman or the CEO of PDL to take all necessary steps to facilitate the transfer of shares held by PDL in Koladeniya Hydropower (Pvt) Limited (KHL), amounting to 100% of the issued shares of KHP, and to…
COVID-19 has created unexpected market opportunities for medical-related industries around the globe, providing openings for innovative entrepreneurs to exploit. While no doubt the crisis suppressed the exports of certain sectors, it also shed a light on emerging opportunities for domestic exporters to capitalize on; in particular PCR testing components and anti-microbial coatings. The Sri Lanka…
Following the announcement by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) with respect to the implementation of Number Portability (NP), Dialog Axiata PLC (Dialog), Sri Lanka’s premier connectivity provider welcomed the re-initiation by the TRCSL of a roadmap to reach International Best Practice in maximising Customer Choice in the Telecommunications Industry. Number portability which…
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