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WEB3 days ago · Cabinet Approves the National Trade Facilitation Roadmap for Sri Lanka Bill. In a landmark decision, the Cabinet approved the National Trade Facilitation Roadmap for Sri Lanka bill marking a significant step forward in Sri Lanka’s journey to modernize its cross-border trade processes and align with global trade facilitation standards.
Cabinet Approves the National Trade Facilitation Roadmap for Sri …
WEB2 days ago · In a landmark decision, the Cabinet approved the National Trade Facilitation Roadmap for Sri Lanka bill marking a significant step forward in Sri Lanka’s journey to modernize its cross-border trade processes and align with global trade facilitation standards. The roadmap now serves as the country’s official strategy for driving comprehensive trade reforms, aimed at streamlining...
Harnessing Solar and Wind power in transitioning Sri Lanka …
WEB4 days ago · By Prof. Asanka S. Rodrigo Sri Lanka stands at crucial crossroads. With an increasing reliance on imported fossil fuels, amidst global climate challenges and energy security concerns, the nation faces mounting economic and environmental pressures. However, the island nation, blessed with abundant natural resources presents a unique opportunity to transition to a more sustainable energy...
BOI Sri Lanka discusses strategic investments in key sectors to …
WEB4 days ago · The Board of Investments of Sri Lanka successfully hosted an investor roundtable titled “Supporting Sri Lanka’s Recovery Through Resource Commitment” at the Ministry of Investment Promotion, Colombo on September 2, 2024.The event brought together prominent Sri Lankan and Indian investors, industry leaders to explore strategic investment opportunities aimed at supporting Sri Lanka’s ...
EDB and KPMG Sri Lanka collaborated to create awareness on new …
WEB4 days ago · Export Development Board (EDB) and KPMG Sri Lanka jointly organized a knowledge-sharing session on the new European Union (EU) regulations concerning Environmental, Social, and Governance (ESG) factors on 11th September 2024. The session took place at the auditorium of the Postgraduate Institute of Management (PIM), with around 200 Sri Lankan export companies.
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WEB3 days ago · Sri Lanka's 24x7 Business News Portal - Sri Lanka economy, business and finance, Sri Lanka rupee, Sri Lanka stocks, interest rates, bonds and foreign exchange on Adaderanabiz.lk
Business Sentiment: Index Climbs to an 11 Month High
WEBMay 31, 2024 · Business confidence spikes for a third consecutive month to nearly three digits Sri Lanka’s internal affairs are heating up with critical agreements pending regarding debt restructuring. The government however, is confident that the process will be completed in time for the release of the third IMF tranche in June. President Ranil Wickremesinghe announced that the...
Relaxation of the period applicable for exporters of goods to …
WEBSep 9, 2024 · Taking into consideration the macro-economic developments, in particular the developments in domestic foreign exchange market conditions, Central Bank of Sri Lanka issued the “Repatriation of Export Proceeds into Sri Lanka Rules No. 01 of 2024” (Rules), which was published in the Gazette Extraordinary No. 2391/02 dated 01.07.2024, in terms of the Central Bank of Sri...
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WEBSri Lanka Parliament Approves Offshore Banking Regulations at Port City Colombo. Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking — Prudent Management and Confidence, were officially passed by the Parliament of Sri Lanka on 4th September 2024. This milestone represents Port City Colombo’s ...
Analysis Archives - Adaderana Biz English | Sri Lanka Business News
WEBSep 4, 2024 · Beyond Red Tape: How Digitalization Can Save Sri Lanka’s Economy. In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s a crisis that’s crippling the nation’s export sector. Outdated, manual systems have become breeding grounds for corruption ...
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