Sri Lanka began embarking on the daunting task of the formulation of its intellectual property policy segment that links its ‘Traditional Knowledge and Cultural Expressions; on 24 April in Colombo. More importantly, Sri Lanka will witness the biggest milestone in its Intellectual property history when, after years of intense background…
The first ever direct partnering effort by G15 global grouping with Sri Lanka will commence on Monday 24 in Colombo. Experts from the G15 grouping -the focused country group that works along with G77, which isthe largest coalition of developing countries in UN -will conduct their intense sessions in Colombo…
Minister of Finance Ravi Karunanayake speaking at the U.S. Chamber of Commerce highlighted prospects for increasing bilateral trade and U.S. investment in Sri Lanka at a breakfast roundtable meeting hosted by the US Chamber of Commerce. Minister Karunanayake was in Washington leading Sri Lanka delegation to the IMF-World Bank Spring…
Colombo International Container Terminals (CICT) recently welcomed the maiden call of CMA CGM Nabucco, the first vessel under the Ocean Alliance to call on the Port of Colombo. The vessel operated by CMA CGM was the first in a new weekly service attracted to Colombo by CICT this year, and…
Sri Lanka says it’s enlisting its massive cooperative sector for a speedier realisation of it 2030 national Sustainable Development Goals (SDG) plan. “I stress that we can achieve our national Sustainable Development Goals easily if the government and the cooperative movement work together. Sri Lanka’s cooperatives are active many sectors,…
The Colombo Stock Exchange (CSE) seeks to obtain the views/observations of the general public and the stakeholders of the CSE, including Listed Companies, regarding the proposed amendments to certain Listing Rules of the CSE. The amendments have been proposed with a view to facilitate the implementation of an appropriate enforcement…
- Oman opens premier free port facility for Lankan exporters - Invites SL to set up at historic Sohar free port & Zone’s Phase II - ‘Great opportunity for SL exports’-Rishad - Ceylon Tea & other SL products can be re-exported duty free from Oman - ‘Sign up, immediately get…

Sri Lanka: Deepening Economic Crisis

Wednesday, 12 April 2017 12:10
The Sri Lankan government is rapidly implementing demands made by an International Monetary Fund (IMF) team in Colombo early this month. During the visit the Sirisena-Wickremesinghe government said it would sell the state-owned Hyatt, Grand Oriental, Waters Edge and Hilton hotels and Lanka Hospitals, and listed them on the stock…
Rishad, Ravi K in surprise inspection visit to Sri Lanka’s wholesale epicentre Directed for inspection by HE President & PM Facilitated by the powerful EFCITA “No shortages, two month of stocks already here’-Rishad ‘Unscrupulous traders trying to disrupt’-Ravi K ‘Imported rice is of higher quality!’-EFCITA’s Fernando As the Sinhala and…
The Ceylon Chamber of Commerce, with its drive to develop a competent, productive and skilled workforce and uplift the trade standards within Sri Lanka, has partnered with Hayleys Advantis Limited to nurture talent in the logistics sector of the country. The two entities got together to launch a programme titled…