President Ranil Wickremesinghe emphasized the crucial role of the Sri Lankan tea industry in transitioning the country towards an export economy. He underscored the need for a comprehensive promotion strategy, developed in collaboration with both public and private sectors. The...

Delmege Lifestyle Cluster, a leader in innovative and sustainable interior design solutions, has been awarded the interior fit-out project for LankaPay’s office premises at No.61 Dharmapala Mawatha, Colombo 7. This project will transform the nine-floor office premises into a functional,...

As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an increase of 2.58 % compared to the month of June 2023. This was mainly due...

A new institution named “Enterprise Sri Lanka” has been established to empower micro, small, and medium enterprises. The government’s policy is to always uphold the rights of the people- The President. President Ranil Wickremesinghe stated that it is not feasible...

Minister of Trade, Commerce, and Food Security Nalin Fernando stated that if the business community fails to pass on government-provided concessions to consumers, price controls will need to be implemented for certain goods. He also announced that proposals to amend...

Never deviate from that responsibility – The President stated during a meeting with representatives of Passenger Transport Three wheel Associations. A proposal for the professional development of three wheel drivers presented to the President. A new mobile app for Three-wheelers...

EDB in collaboration with Sri Lanka Embassy in Jakarta organized a briefing session to discuss on “Indonesian Investment opportunities for Foreign Investors” with Directorate of Investment Promotion of Indonesia and the Ministry of Investments of Indonesia on 12th July 2024....

State Minister for Home Affairs, Ashoka Priyantha, emphasized that despite the challenges posed by the COVID-19 pandemic and severe economic crisis, maintaining stable public services without any employee layoffs or salary cuts is a significant achievement. He credited President Ranil...

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in manufacturing activities. All the sub-indices, except for employment, remained above the neutral threshold during the month. The expansion in New Orders...