Trade & Investment
EU Trade Grant Proposal Gets Cabinet Approval
Cabinet authorised a €10 million grant agreement intended to support greener trade and stronger access to European Union markets.
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Business
Economy, finance, trade and enterprise in Sri Lanka.
Enterprise & SMEs
Tea Village Plan Sets Out Support for Smallholder Growers
A national tea village programme outlined nursery, training, finance and mechanisation support for Sri Lanka’s smallholder tea sector.
Trade & Investment
Exports of goods grow by 13% in Sri Lanka
Exports of goods grow by 13%, reaching US$1,062.63 mn in January. 1,062.63 millions in January Exports of Sri Lanka’s products grew by 13 percent to US$1,062.63…
Enterprise & SMEs
National Chamber to Announce Business Excellence Awards
As Sri Lanka’s corporate sphere eagerly approaches the most prestigious event of the year, the anticipation for the announcement of the National Business Excellence Awards 2024…
Economy & Tax
Sri Lanka Budget Openness, amongst lowest ranked countries in South Asia
Sri Lanka’s budget openness in the latest survey has scored 44 out of 100, coming in next to last in South Asia, tied with Pakistan. Open…
Property & Development
Port City Set to Boost Sri Lankan Economy Growth
Amidst the azure waters of the Indian Ocean, Sri Lanka’s ambitious urban development, Port City Colombo, emerges as a beacon of Sri Lankan economic development. With…
Economy & Tax
Q4 Business Conditions Peak Since Q1: CB Report
In a surprising twist of fate, Sri Lanka’s business landscape has catapulted to levels unseen since early last year. The latest Central Bank business survey unveils…
Trade & Investment
SLKBC Hosts Business Networking Evening in Sri Lanka
In an impressive display of international trade relations, the Sri Lanka – Korea Business Council (SLKBC), under the auspices of The Ceylon Chamber of Commerce, recently…
Enterprise & SMEs
New MSME Recovery Rules via Business Revival Units
In an endeavor to energize Sri Lanka’s business revival, the Central Bank has introduced pivotal MSME recovery regulations. These regulations are designed to facilitate the resurgence…
Banking & Finance
Dialog’s Genie Business Spearheads Sri Lanka UPI Launch
The world of digital payments witnessed a transformative leap in Sri Lanka with the introduction of the Unified Payment Interface (UPI) facilitated by Dialog Genie Business.…
Banking & Finance
ComBank Scoops Double Wins at Global Business Outlook
The prestigious spotlight of international finance has once again turned to Sri Lanka, illuminating the impressive strides made by the Commercial Bank of Ceylon in 2023.…
Economy & Tax
Convince Sri Lanka of Value Added Tax – Key Insights
Amid Sri Lanka’s striving towards economic stability, VAT benefits emerge as a cornerstone of the proposed tax reform. With an eye on bolstering the tax-to-GDP ratio,…
Economy & Tax
Convincing Sri Lanka of Value Added Tax Essentials
The fiscal landscape of Sri Lanka is approaching a significant shift, with VAT implementation in Sri Lanka standing at the forefront of modernizing the nation’s tax…
Property & Development
Business Center at Port City | Sri Lanka Hub
Amidst the vibrant economic landscape of Sri Lanka, Port City Colombo emerges as a powerhouse for entrepreneurs and businesses, establishing itself as a premier Sri Lanka…
Trade & Investment
Sweden – Sri Lanka Business Council AGM Event Report
The nexus of bi-national business growth between Sweden and Sri Lanka saw an invigorating boost this year at the SSLBC AGM 2023, symbolizing a cornerstone event…
Property & Development
Business Center at Port City: Colombo’s Hub for Commerce
Amidst the bustling capital of Sri Lanka, Port City Colombo emerges as a beacon of commercial development, set to redefine the urban landscape and signal a…
Banking & Finance
Sri Lanka: Foreign Holdings Dip Under Rs.100bn Mark
The stability and growth of the Sri Lanka economy often hinge on the dynamics of foreign investment and the ebb and flow of financial markets. Amidst…
Banking & Finance
Business Alliance: Avoid English Bank Forms in Sri Lanka
The Sri Lanka United National Businesses Alliance (SLUNBA), advocates for secure transactions within the Sri Lanka banking sector, has been actively recommending the utilization of Sinhala…
Enterprise & SMEs
ADB Boosts Small Businesses with $100mn Loan Extension
Amidst an ever-evolving economic landscape, the Asian Development Bank (ADB) has made a resolute commitment to stimulate economic development by providing a $100 million ADB loan…
Property & Development
Prime Office Solutions at Business Center at Port City
The landscape of Sri Lanka’s corporate offices is undergoing a transformative shift with the establishment of the Port City Business Center. This innovative business hub marks…
Trade & Investment
Singapore and Sri Lanka sign free trade agreement
COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the…
Trade & Investment
Japanese Investors Eye Opportunities in Sri Lanka
“Success is where preparation and opportunity meet.” This powerful insight by racing driver Bobby Unser elegantly encapsulates the budding partnership between Japan and Sri Lanka. As…
Economy & Tax
country is required to resolve USD 12.5 Billion
COLOMBO (News 1st) Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal stated that the country is required to resolve USD 12.5 Billion in debt through International…
Enterprise & SMEs
People’s Bank-IFC Boost for Women Entrepreneurs in Sri Lanka
In a significant move to nurture the entrepreneurial spirit in Sri Lanka, People’s Bank has joined hands with the International Finance Corporation (IFC) to empower women…
Property & Development
Port City Colombo Breaks Ground for Premier Park
In an unprecedented move that paves the way for a transformative era in South Asia, the Port City Colombo development has officially launched the creation of…