CEAT team with EDB Chairman discusses trade expansion opportunities in Sri Lanka

A delegation from CEAT, an RPG India company, led by Managing Director and CEO Arnab Banerjee, met with Sri Lanka Export Development Board (EDB) Chairman and CEO Mangala Wijesinghe recently, at the EDB head office in Colombo.During the meeting, Banerjee provided an overview of RPG’s operations across various sectors, including agriculture, engineering and rubber. The delegation expressed interest in expanding …

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සාර්ථක ව්‍යවසායකයින් එකම මාර්ගයක ගමන් නොකරන්නේ ඇයි ?

ව්‍යාපාරයක් ගොඩනැගීම තේ කෝප්පයක් පානය කිරීම මෙන් සරල දෙයක් නොවේ. හැමෝට ම ස්ටීව් ජොබ්ස් කෙනෙක් වීමට ද නොහැකි ය. කෙසේ වෙතත් ඔබේ අදහස් දියුණු ව්‍යාපාරයක් බවට පත් කිරීමට යම් යම් ක්‍රම තිබේ. වසර ගණනාවක් පුරා, මම ව්‍යාපාර දෙකක් ගොඩනැගීමේ දී විවිධ අත්දැකීම් ලබා ඇත්තෙමි. මගේ පුද්ගලික අත්දැකීමෙන් උපුටා ගත්, ව්‍යවසායකයින්ට ඔවුන්ගේ දැක්ම දිගුකාලීන ලාභදායිත්වයක් ලබා දෙන දියුණු අධිරාජ්‍යයක් බවට පරිවර්තනය …

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Sri Lanka records third highest annual tourist arrivals despite forecast miss

Sri Lanka recorded its third-highest annual tourist arrivals in 2024, welcoming 2,053,465 visitors. This shows a 38.07 percent  year-on-year (YoY) growth, despite falling slightly short of the 2.3 million arrivals forecast. For the whole  of 2024, cumulative tourist arrivals reached 2.053 million. Sri Lanka recorded the highest tourist arrivals in 2018 with 2.3 million international visitors entering the country. The …

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Why postpone implementation of Food (Labeling and Advertising) Regulations 2022?

The Ceylon Chamber of Commerce (CCC) yesterday called for a collaborative approach to implement the new restrictions announced by the government this week for marketing food and beverages to children less than 12 years of age. A section of the new rules which were formulated by the Ministry of Health under the Food (Labelling & Advertising) Regulations of 2022 is …

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CDS launches 011 2356 444 as a dedicated hotline

The Central Depository Systems (CDS), a subsidiary of the Colombo Stock Exchange, has launched a dedicated hotline, effective from the first week of January 2025, to provide the stakeholders, including the investors and corporate clients with direct access to the CDS for improved query resolution and support. The hotline, which will operate from 8:30 a.m. to 5:00 p.m., Monday to …

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Implement Necessary Plans Swiftly to Make Sri Lanka an Attractive Tourist Destination

– President Instructs the Officials President Anura Kumara Disanayake has instructed officials to promptly implement the necessary plans to position Sri Lanka as an attractive destination for tourists.He further emphasized that the successful implementation of the “Clean Sri Lanka” initiative would strengthen efforts to promote the tourism industry.The President made these remarks during a meeting held at the Presidential Secretariat …

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New maximum retail price set for canned fish

The Consumer Affairs Authority has announced new maximum retail prices for specific types of canned fish, effective today. This directive, issued under Section 20(5) of the Act, prohibits local manufacturers, packers, distributors and traders from selling or displaying canned fish at prices higher than the stipulated rates. The types of canned fish and their maximum retail prices (MRP) are as …

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GOVPAY : Special program to promote digital payments

The Ministry of Digital Economy has unveiled a specialized program aimed at boosting digital payment adoption. Deputy Minister Eranga Weeraratne informed the Daily Mirror that approximately 1% to 1.5% of the nation’s annual gross domestic product (GDP) is expended on transactions involving physical currency. He emphasized that cash-based payments can contribute to greater risks of fraud and corruption, as well as inefficiencies …

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EDB Hosts Workshop on Dry Rubber Compounding and Plant Management

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Automotive Component Manufacturers Association (SLACMA) and Technobiz Lanka, successfully conducted a two-day workshop on Dry Rubber Compounding Technology and Plant Management. The event held at the EDB headquarters, aimed to enhance the skills and knowledge of technical professionals in the rubber manufacturing industry, including those serving the …

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