Lanka has potential to double its exports to South Asia says...

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If trade barriers are overcome, trade within South Asia can increase three-fold, from $23 billion to $67 billion, suggests a new World Bank report....

Concessionary Loan Scheme for the Product Design Engineering Companies

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Approval has been granted by the Cabinet previously to explore the possibility of providing long term loan facilities with concessionary terms for the Product...

US mull more exports to SL

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The United States is working with the government to ensure that American companies are given the opportunity to compete for government tenders and that...

SL- Kuwait trade revived this Tuesday

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After a hiatus exceeding two decades, Sri Lanka is reviving bilateral trade with the second wealthiest economy in Gulf this week.“We are reviving the...

Indian Ocean: Defining our future” Conference on Oct. 11-12th

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In the last decade the Indian Ocean has emerged as one of the world’s busiest and most critical trade corridors. Carrying two thirds of...

Toyota announces new recall of 2.4 million hybrid cars

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Japanese car giant Toyota said Friday it is recalling more than 2.4 million hybrid cars over a fault that could cause crashes, just a...

Women business leaders’ ideas sought for the next year’s budget

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At a pre-budget conference held yesterday (4th) in Colombo under the patronage of State Minister of Finance Eran Wickramaratne, 26 businesswomen and female CEOs...

Danske Bank says US probing money laundering claims

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Danske Bank on Thursday said it was being investigated by the US Department of Justice over possible money laundering related to more than $200...

SL Rupee drops to new low – CBSL

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The Sri Lankan Rupee has further depreciated against the US Dollar as the selling price reached 171.42  a new record low on Thursday. Meanwhile the...

Cabinet nod to extend concessionary loan facilities under the ‘Enterprise Sri...

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Minister of Finance and Mass Media Mangala Samaraweera has proposed to extend the benefits of the concessionary loan schemes under the 'Enterprise Sri Lanka'...