An Echelon Media Company
Monday June 3rd, 2024
Trade

Sri Lanka EDB, collaborators to pick 10 pioneering brands for capacity building

10 pioneering Sri Lankan brands will be selected to showcase nation's dedication to sustainability, ethical practices

May 27, 2024 2 min read

Sri Lanka agriculture minister asks for potato import tax as people skip meals

"The prices are up because or production costs are high. That's why we can't compete with imports."

May 22, 2024 2 min read

Sri Lanka goods exports down 4.1-pct in April, services up 19-pct

Sri Lanka's merchandise exports fell 4.1 percent from a year ago to 813.81 million dollars in April 2024,

May 21, 2024 1 min read

Michelin delegation reviews Sri Lanka rubber de-forestation compliance

EU's Regulation on Deforestation Free Products (EUDR) seeks to guarantee products do not contribute to deforestation

May 20, 2024 2 min read
Iraq official invites Sri Lanka investors to do business in Bagdad, Kurdistan

Through direct shipping facilities, Sri Lanka can enjoy benefits of fast and convenient trade facilitation to Europe, ME

Sri Lanka rubber sector collapse to worsen with wage hike order: official

"Just because our cost of production may rise, we cannot raise our sale prices, because we are not price makers"

India allows Sri Lanka to import 10,000MT of onions

National Co-operative Exports Limited will ship the onions

April 15, 2024 1 min read

BIMSTEC Secretary General visits Sri Lanka, discusses regional cooperation

Met with senior officials to discuss measures to enhance regional cooperation under various BIMSTEC initiatives

April 15, 2024 1 min read

No rice imports permitted in Sri Lanka, says State FinMin

The government reduced import tax on rice by 65 rupees for 19 days in January to encourage imports

April 15, 2024 2 min read

Sri Lanka services surplus exceeds trade deficit in Feb 2024: analysis

The trade deficit is triggered when people spend income from tourism, BPO services and worker remittances

April 10, 2024 4 min read

Sri Lanka to publish 'indicative prices' for essential goods as rupee strengthens

If the rupee strengthens, price can fall further

April 9, 2024 3 min read

Singapore inspects Sri Lanka poultry, seafood, rice processors ahead of exports

For Sri Lanka to export poultry products to Singapore, it is imperative for country to meet stringent requirements

April 8, 2024 1 min read

Sri Lanka begins implementing Singapore free trade deal

20-pct of imports to be taxed to give profits to special interests

April 8, 2024 3 min read

Sri Lanka to allow import of 750 vans and 250 buses for tourism

Vans with 6–15 seating capacity, 250 buses with 6–30 and 30–45 seating capacity with no tax concessions

April 2, 2024 1 min read

Sri Lanka awaiting RCEP admission mechanism

RCEP membership allows for more flexible rules of origin

March 31, 2024 1 min read

Sri Lanka seasonal food protectionist tax to replace SCL from Jan 01

There will be an import duty and a seasonal duty.

March 30, 2024 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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today yesterday
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Sri Lanka trade deficit up 77-pct to Feb, imports surge, rupee appreciates

Trade deficit up 817-pct in Jan

March 29, 2024 2 min read

Sri Lanka to import onions from China after India export ban: Minister

“Importation is less than before,”

Apsara Rodrigo
March 28, 2024 1 min read

Sri Lanka earns 3.4bn from coconut water export in Feb: Minister

"If not for wildlife eating crops this would have been higher"

March 26, 2024 2 min read

Sri Lanka exports marginally up in Feb 2024

Export to UK and US up

March 23, 2024 1 min read

Developing India-Sri Lanka trade relations crucial: President

“We aim to foster comprehensive ties between our two nations, particularly in the realms of transportation and energy,...

March 15, 2024 5 min read

Sri Lanka to import Rose Onion amid rising big onion prices

The supply of big onions in the country decreased after neighboring India and Pakistan stopped onion exports.

March 13, 2024 2 min read

Sri Lanka and China standards agencies to sign agreement

SLSI, Standardization Administration of China to sign MoU to reduce technical barriers in Lanka-China trade

March 12, 2024 1 min read

Sri Lanka to gazette price ceiling for eggs

Price ceiling for eggs, as prices in the market rise ahead of several key religious and cultural holidays.

Nethmi Rajawasam
March 6, 2024 2 min read

Sri Lanka imports rise in Jan as tourism, remittances boost dollar incomes

.The trade deficit expanded to 541 million US dollars from 445 million as non-Merchandise incomes were spent

March 1, 2024 2 min read

Sri Lanka, Romania to strengthen trade ties

Romania will sign an agreement with Sri Lanka to further speed up the trade process and prevent double taxation.

February 27, 2024 1 min read