Business
Sri Lanka sets sights on $36 Bn export goal by 2030
President Anura Kumara Dissanayake chaired the second meeting of the Export Development Council of Ministers (EDCM) yesterday (12) at the Presidential Secretariat, reaffirming...
Registrar of Companies hit by system failure, services paralyzed
A major technical failure has brought operations at the Registrar of Companies (RoC) to a near-complete standstill, severely affecting company registrations and related...
Customs takeover of BOI trade clearance triggers investor backlash
Sri Lanka Customs is set to take over import and export clearance functions from the Board of Investment (BOI) by October 2025, a...
PDEXCIL to strengthen trade ties between India and Sri Lanka
The Powerloom Development Export Promotion Council (PDEXCIL) will strengthen trade linkages between Indian and Sri Lankan textile industries for a sustainable and long-term...
Only 3% of Sri Lankans invest in stock market
Just 3% of Sri Lanka’s population is currently engaged in stock market trading, according to Rajeeva Bandaranaike, Chief Executive Officer of the Colombo...
Detained BYD EVs: Customs agrees to conditional release
Sri Lanka Customs has informed the Court of Appeal that it is willing to release 991 BYD electric vehicles currently held in detention,...
Sri Lanka’s spice trade under threat
Sri Lanka’s spice export industry is facing challenges due to the re-export of low-grade imported produce falsely labelled as local, Deputy Minister of...
Ceylon Tea risking market share as African competitors benefit from lower tariffs
Sri Lanka’s tea exporters are bracing for a shifting competitive landscape in the United States market as new import tariffs come into effect...
