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Remarkable Surge in Agricultural Exports in First Half of 2024 

Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board A Coconut Triangle established in the Northern Province...

Building a Robust Economic Framework for Future Generations

The President said inaugurating the new swimming pool at Anuradhapura Central College. President Ranil Wickremesinghe emphasized his commitment to building a robust economic framework that ensures long-term stability for future generations, steering away from short-term solutions that could risk economic...
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Vehicle import ban to be lifted by mid August

Finance State Minister Ranjith Siyambalapitiya said that the final decision regarding the lifting of the ban imposed on the import of vehicles will be taken by mid August. The State Minister also pointed out that the committee appointed to look...

President Chairs Launch of Second and Third Phases of Bingiriya Export Processing Zone Development

Plans to Develop Bingiriya as a Major Economic Zone across Five Key Sectors. Projected Export Revenue of USD 2600 Million upon Completion of Investment Zone. 75,000 Job Opportunities through Investment Zone Expansion. “Efforts are being made to create new investment...

President Inaugurates First-Ever Department of Cinnamon Development in Karandeniya, Galle

The country risks losing its gains unless driven by a sound economic system. The goal is to enhance cinnamon cultivation and bolster the export economy – President. President Ranil Wickremesinghe emphasized that the country’s progress would be undone without the...

U.S. SUPPORTS SRI LANKA’S TRADE THROUGH AWARENESS RAISING ON NEW SYSTEM

Public and Private stakeholders, including Mr. Mahinda Siriwardana, Secretary to the Ministry of Finance, Economic Stabilization and National Policies, pose for a group photo following the workshop  The United States, through the United States Agency for International Development (USAID), is...

“Vision 2030” A Blueprint for Sustainable Development presented to the President

A comprehensive policy document titled ‘Vision 2030’, prepared by the Ceylon Chamber of Commerce, to guide Sri Lanka towards sustainable and inclusive development by 2030 was presented to President Ranil Wickremesinghe today (09) at the Presidential Secretariat. This document outlines...

Establishing a Fresh Economic and Political System within the Nation is Essential

 The country needs honest and accountable political leaders. Let’s prioritize practical solutions over idle dreams and advance necessary programs. Martin Guzman, once seen as a role model, has failed in Argentina. The Sinhalese nation boosts its economy through export-oriented policies,...

EDB Hosts Awareness Workshop on Fair Trade Certification Process in Sri Lanka

The Sri Lanka Export Development Board (EDB) recently hosted a workshop on the Fair Trade Certification Process in Sri Lanka bringing 02 prominent certification entities to a one platform. The workshop aimed to educate Sri Lankan producers and exporters about...

SriLankan Airlines to Undergo Restructuring, Not Sale

Debt reduction examples from Argentina, Ecuador, and Ghana pertain to commercial loans, not bilateral loans. Talks with JICA Scheduled Next Week to Restart Japanese Projects – Talks with JICA scheduled for next week to recommence Japanese projects – Minister of...
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