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Monday June 3rd, 2024
Trade

Sri Lanka cuts age for Middle East housemaids to 21 years in currency crisis

Earlier age 23 years

June 21, 2022 1 min read

Power cuts dampen Sri Lanka rubber product exports despite higher global demand - SLAMERP

Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured

June 3, 2022 2 min read

Sri Lanka port gives US$20mn in demurrage relief: Chairman

SLPA has waived 20 mn USD of demurrage for importers who have been unable to clear goods in time

June 2, 2022 1 min read

Sri Lanka slaps duty surcharges of up to 200-pct on selected imports

Special commodity levies of up to Rs2000 on yoghurt, butter

June 1, 2022 1 min read
Sri Lanka exports down 11.9-pct in July, India up 29-pct

Apparel exports were down 22-pct in July

Sri Lanka mulls import taxes or looser licenses for wheat flour: Minister

In the future we expect to widen the permits to bring the required volume of wheat. Or we can revise the import tax

Sri Lanka closes export industrial zones over coronavirus

Sri Lanka has closed export industrial zones and sent workers home as part of efforts to fight the coronavirus pandemic,...

March 27, 2020 1 min read

Sri Lanka halts imports of cars, electronics, perfumes, after soft-peg pressure

Sri Lanka has halted the imports of cars, perfumes, tyres, footwear, airconditors, refrigerators, mobile phones, televis...

March 20, 2020 2 min read

Sri Lanka wholesale and retail, external trade will operate Monday

Sri Lanka's public holiday declared for Monday March 16 as an anti-Coronavirus measure will not apply to the wholesale,...

March 15, 2020 1 min read

Sri Lanka pharma firms say no shortage of drugs, not to panic buy

Sri Lanka's pharmaceuticals firms said there is no shortage of drugs in the country and urged the public not to engage i...

March 13, 2020 2 min read

China exports plunge 17.5-pct on coronavirus epidemic

China's exports plummeted in the first two months of this year on the back of a coronavirus epidemic that forced busines...

March 7, 2020 3 min read

Sri Lanka expects apparel orders to recover; Coronavius hit on exports US$500mn in 2Q

Sri Lanka is expecting to lose 500 million US dollars of apparel exports from March to June 2020, as an outbreak of Cor...

Mahadiya Hamza
March 7, 2020 4 min read

Sri Lanka trade, tourism, remittances to be hit by Coronavirus: Central Bank

Sri Lanka's exports, imports, tourism and overseas remittances would be hit by an ongoing outbreak of novel Coronavirus ...

March 5, 2020 3 min read

Sri Lanka's merchandise exports down 7-pct in January 2020, services up: EDB

Sri Lanka's merchandise exports fell 7.4 percent from a year ago to 961.2 million US dollars in January 2020, though ser...

March 4, 2020 1 min read

Sri Lanka hikes tax on fish imports

Sri Lanka has hiked a tax on imported fish to 150 rupees a kilogram from 100 rupees or 10 percent of the value, the fin...

March 3, 2020 1 min read

Sri Lanka apparel exporters see orders slashed as Coronavirus spread to markets in Europe

Apparel exporters in Sri Lanka, already battered by disruptions of raw materials from China which may trigger factory cl...

Mahadiya Hamza
March 3, 2020 3 min read
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Sri Lanka to open US$3.5mn spice testing lab for exports

Sri Lanka's Industrial Development Board (IDB), in partnership with multilateral agencies is in the process of installin...

February 28, 2020 2 min read

Sri Lanka's steel costs 70-pct higher due to protectionism

Sri Lanka's steel costs are about 70 percent higher than other Asian countries which is hurting housing and apartments ...

February 24, 2020 1 min read

Sri Lanka state firms to import 79,900MT of chemical fertilizer

Sri Lanka's state fertilizer firms have ordered 79,000 metric tonnes of chemical fertilizer to be distributed to farmers...

February 23, 2020 2 min read

Sri Lanka exporters buckle-up for Coronavirus hit on China supply chain

Export industries in Sri Lanka which depend on inputs from China are looking for alternative source markets as a Coronav...

Mahadiya Hamza
February 18, 2020 4 min read

Sri Lanka exports down in Dec 2019, imports pick up

Sri Lanka's exports fell 3.2 percent from a year earlier to 1,000 million dollars in December 2019, while imports picked...

February 17, 2020 1 min read

Sri Lanka has GSP+ access to Britain for another year: UK Envoy

Sri Lanka has the same level of trade access as earlier under the GSP+ preferential trade scheme for one year after the...

Mahadiya Hamza
February 14, 2020 2 min read

Sri Lanka apparel exporters eye regional supply chain management

Sri Lanka's apparel industry has the capacity to expand into offshore supply chain management for their customers and bu...

Mahadiya Hamza
February 13, 2020 2 min read

Sri Lanka firms keen to meet international standards: EU

Sri Lanka is keen to meet international standards required by the General System of Preferences (GSP) Plus program, alth...

February 12, 2020 2 min read

Sri Lanka targets US$18.5bn in goods, services exports in 2020

Sri Lanka's export promotion agency is targeting 18 billion US dollars in goods and services exports in 2020, up from 16...

January 31, 2020 1 min read

Sri Lanka should strike trade deals with China, ASEAN to access Asia: EDB Chief

Sri Lanka should sign free trade deals with China and the Association of East Asian Nations to boost exports to Asia, n...

January 30, 2020 1 min read