Starlink given license to operate in Sri Lanka

The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has officially issued a Telecommunications Service Provider Licence to Starlink Lanka (Private) Limited under Section 17B of the Sri Lanka Telecommunications Act No. 25 of 1991, as amended. The development follows a recent meeting between President Ranil Wickremesinghe and world-renowned businessman Elon Musk in Indonesia. During the meeting, they discussed expediting the …

Continue Reading

Ambassador Chung’s Remarks at WEConnect Supplier Development

Good morning, everyone. It is a great pleasure to be here this morning with such an incredible group of amazing and inspiring women entrepreneurs.  I want to start by thanking WEConnect International for the remarkable work they do in empowering women entrepreneurs across the globe and here in Sri Lanka.  We are proud of the many, many women businesses who …

Continue Reading

National Industrial Policy and 2023-2027 Strategic Plan Prepared to Build a Globally Competitive Industrial Base

Secretary to the Ministry of Industries, Shantha Weerasinghe announced that the “National Industry Policy,” along with the five-year strategic plan for 2023-2027, has been prepared and submitted to the Department of National Planning. This initiative aims to establish a globally competitive national industry base. By 2030, the policy aims to increase the manufacturing sector’s contribution to GDP from 16% to …

Continue Reading

EDB at 45: An odyssey of worthwhile accomplishments

The 1st of August, 2024, marks the 45th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been …

Continue Reading

Colombo Port Recognized as the World’s Fastest-Growing Port in Q1 2024

Secretary to the Ministry of Ports, Naval, and Aviation Services, K. D. S. Ruwanchandra, emphasized that Alphaliner, a prominent research publication in the shipping industry, recognized Colombo Port as the world’s fastest-growing port in the first quarter of 2024 due to its remarkable operational performance and 23.6% growth rate. He added that the port generated an income of USD 50 …

Continue Reading

President Praises Political Parties in Parliament for Supporting the Economic Transformation Bill

President Ranil Wickremesinghe expressed his gratitude to all political parties in Parliament for supporting the adoption of the Economic Transformation Bill and urged them to unite in advancing this initiative. He highlighted that the bill includes the necessary governance and institutional framework for developing an export-centered digital and green economy in the country. The President made these remarks during a …

Continue Reading

EDB Successfully Conducts 24th Exporters’ Forum

The Sri Lanka Export Development Board (EDB) successfully held its 24th Exporters’ Forum on the 25th of this month. The forum, a platform for discussing and resolving issues faced by exporters, was presided over by State Minister of Investment Promotion, Hon. Dilum Amunugama. The participation of Secretary of the Ministry of Investment Promotion, Mr. M. M. Naimudeen, EDB Chairman and …

Continue Reading

Newsletter

Register now to get latest updates on promotions & coupons.

Social