President Attends Inaugural Session of the Global Federation of Sri Lankan Business Councils’ Annual General Meeting

President Anura Kumara Dissanayake attended the inaugural session of the Annual General Meeting of the Global Federation of Sri Lankan Business Councils (GFSLBC), held this morning (25) at the Shangri-La Hotel in Colombo. The GFSLBC serves as a platform bringing together the global Sri Lankan business community. Entrepreneurs from 15 countries, including the United States, the United Kingdom, Japan, Australia, …

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Japanese Delegation to Explore Investment Priorities in Sri Lanka

A discussion took place yesterday afternoon (24) at the Presidential Secretariat between the Secretary to the President, Dr. Nandika Sanath Kumanayake and a delegation from the Japanese Ministry of Economy, Trade and Industry, along with representatives from Japanese trade, commerce and industry sectors. This delegation from Japan has arrived in Sri Lanka to explore opportunities for increasing Japanese investment in …

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Building a Stronger Dairy Future through Production-Oriented Extension Services in Northern Province

Sagarika Hitihamu  – Senior Research Officer Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI) The Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI) is currently conducting a research study titled “Strengthening Livestock Extension Services: Identifying Challenges, Gaps, and Developing Strategies to Enhance Dairy and Goat Production in Sri Lanka.” The study was carried out in the Northern Province, with primary …

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Discussion between the President and All Stakeholders in the Export Industry

“As a result of negotiations with the United States, the previously imposed tariff rate was successfully reduced. Discussions are ongoing to secure the maximum possible concessions” – President President Anura Kumara Disanayake stated that, as a result of recent discussions with the United States, the previously imposed reciprocal tariff rate was successfully reduced from 44% to 30%. He further emphasized …

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Discussion on U.S. Tariff Policy

A special discussion on the new tariff policy imposed by the United States was held this morning (10) at the Presidential Secretariat between President Anura Kumara Disanayake and a delegation representing Sri Lanka. Participating in the discussion were Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the Ministry of Finance Dr. Harshana Suriyapperuma, …

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Colombo’s inflation climbs to -0.6% in June

Colombo’s overall inflation rate, as measured by the Year-on-Year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI), rose slightly to -0.6% in June 2025, compared to -0.7% in May 2025, according to the latest data released by the Department of Census and Statistics. The Y-o-Y inflation of the Food Group eased to 4.3% in June, down from 5.2% in …

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NATIONAL CLOSING EVENT OF THE RIES PROJECT IS ON THURSDAY JUNE 19, 2025

PRESS RELEASE The national closing event of the Australian Government funded ‘Resilient and Gender Inclusive Economic Systems (RIES)’ project is scheduled to be held at the Gall Face Hotel in Colombo at 9 am on Thursday June 19, 2025 with the presence of the High Commissioner of Australia His Excellency Paul Stephens as the chief Guest. Initiated by the international NGO Oxfam in 2020 to include the marginalized people in …

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President Disanayake Meets IMF Deputy Managing Director Gita Gopinath

President Anura Kumara Disanayake met with the Deputy Managing Director of the International Monetary Fund (IMF), Ms. Gita Gopinath, and the delegation this morning (16) at the Presidential Secretariat. During the meeting, President Disanayake expressed his sincere appreciation to the IMF for its continued support in guiding Sri Lanka through its recent financial crisis. He also raised concerns regarding the …

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Relief Measures to Assist the affected Small and Medium Enterprises

The Central Bank of Sri Lanka (CBSL), with a view to facilitating sustainable revival of businesses that were adversely affected during the recent past has advised the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks) to provide further concessions to those SME borrowers who commenced discussions for business revival with the respective banks by 31.03.2025. …

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Economic Benefits of Pepper Cultivation in Sri Lanka

Pepper is one of the most extensively utilized spices, not only in Sri Lanka but also around the world. South Asia is home to the pepper crop, which originated in South India, according to historical accounts. Pepper is a valuable spice that enhances the flavor of food and also possesses significant medicinal properties. Although the Malabar Coast of India is …

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