SL-Thai FTA study to conclude by August

Tuesday, 17 January 2017 22:20
Sri Lanka – Thai FTA study is set to conclude by August 2017. Sri Lanka is also looking for sugar purchases from Thailand. During his visit to Thailand to take part in the APTA Ministerial Council Minister of Industry and Commerce Rishad Bathiudeen met Thai Minister of Commerce Apiradi Tantraporn.…

Fifth APTA to be held in Colombo

Tuesday, 17 January 2017 17:21
The fifth Asia Pacific Trade Agreement (APTA) meeting is to be held in Sri Lanka in 2019. APTA is also likely to expand further, according to Sri Lanka Department of Commerce. The fourth Ministerial Council Session of the Asia Pacific Trade Agreement was successfully concluded on 13th January 2017 in…
The government vehemently refuses the media reports which say that the government has agreed to 58 conditions to get the GSP Plus. According to the Media release issued by the European Commission on 11th January the EC has decided to give the GSP Plus to support the reforms in Sri…
As major changes are sweeping the 42 year long historic Bangkok Agreement, a top official delegation left Sri Lanka on 10th January night to attend the latest Bangkok Agreement talks in Thailand. The five member delegation is led by Minister of Industry and Commerce Rishad Bathiudeen and will attend the…
The following press release was issued by the European Commission on January 11, 2017 12:00. Author: European Commission The Commission today proposed that a significant part of the remaining import duties on Sri Lankan products should be removed by the European Union in exchange for the country’s commitment to ratify…

LAUGFS Creates History at Hambantota

Tuesday, 10 January 2017 18:44
LAUGFS Maritime Becomes the First to Register a Ship at Hambantota Port Saturday 07th January, Colombo, LAUGFS, one of the largest diversified conglomerates in Sri Lanka, is set to mark another monumental milestone by being the first to register a vessel at the Hambantota Port. The announcement was made together…
Inauguration ceremony of the Sri Lanka – China Logistics and Industrial Zone (SLCLIZ) to be set up within the ‘Ruhunu Economic Development Area’ in Hambantota was held this morning under the patronage of Prime Minister Ranil Wickremsinghe. The plaque was opened by Prime Minister Wickremeisnghe and the Ambassador to People’s…

PM clears doubts on Ruhunu Development Area

Sunday, 08 January 2017 19:54
Former President Mahinda Rajapaksha is the one who first understood the necessity of the industrialization for Hambantota area to develop the Hambantota port and the only thing done by the Present government is implementing it, said Prime Minister Ranil Wickremesinghe. He was addressing the inauguration ceremony of the Sri Lanka…
President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country. He made these remarks participating in a ceremony to open the newly built bridge in Halloluwa,…
- Crop loss in 18 months after glyphosate ban tops Rs. 15 billion - Warns of irreversible damage to quality and productivity of Sri Lankan estates In the face of devastating crop losses in excess of an estimated Rs. 15 billion in 2016, the Planters Association of Ceylon (PA) released…