Business
Month after pullout by Adani Group, Sri Lanka says it’s ready to renegotiate $442 mn energy project
Sri Lanka has said it remains open for renegotiations on the USD 442 million wind energy project after India-based company Adani Group pulled...
Sri Lanka strengthens protection for local products with launch of Geographical Indications Registry
The National Intellectual Property Office (NIPO), under the patronage of the Ministry of Trade, Commerce, Food Security, and Co-operative Development, officially opened the...
Entrepreneurs raise concerns over budget 2025 proposal on private sector salary hike
The Sri Lanka United Businesses Alliance (SLUBA) has voiced concerns over the government’s proposal to increase private sector salaries, arguing that such an...
Sri Lanka seeks to adopt digital tools to enhance trade opportunities under SAFTA
The Committee on Ways and Means has highlighted the crucial role of small and medium-sized enterprises (SMEs) in boosting exports under the South...
JAAF cautions Govt on SVAT removal
The Joint Apparel Association Forum (JAAF) has raised concerns about the government’s decision to transition from the Simplified Value Added Tax (SVAT) scheme...
Japanese banks refuse to confirm Sri Lankan banks letters of credit
Despite the government granting permission to import vehicles to Sri Lanka, a problem has arisen regarding the import of Japanese vehicles, the Vehicle...
Adani withdraws from $442 million Sri Lanka wind power project
Adani Green Energy has withdrawn from two proposed wind power projects in Sri Lanka, following the new government’s decision to renegotiate tariffs. The...
US tariffs to reportedly have beneficial impact on Sri Lanka apparel industry
Since buyers are already re-examining their global supply chains and moving orders, governments like Sri Lanka would benefit from the US placing fresh...
