Colombo to host International Summit on Textile Coloration

Colombo to host International Summit on Textile Coloration

The International Summit on Textile Coloration 2017: Colouring the ‘Emperors New Clothes’ will tackle some of the difficult questions around technical innovation and environmental sustainability within the textile colouration industry. It will be held in Colombo, Sri Lanka on March 8, 2017. Multiple sessions will also be carried…

Canned fish imports reduced by 16.2% in 2016

Canned fish imports reduced by 16.2% in 2016

The import of canned fish to Sri Lanka has decreased by 16.2 per cent in 2016. Import of canned fish to Sri Lanka in 2015 was 49, 016 metric tons and in 2016 it was only 29, 994 metric tons. Largest proportion of canned fish (84.2%) has been…

Sri Lanka’s mega port city poised to change face of Colombo

Sri Lanka’s mega port city poised to change face of Colombo

A mega port city project is set to change the face of Colombo, the Sri Lanka’s capital city, in the coming years. The 1.4-billion-U.S. dollar project, which is currently under construction near the Colombo Harbour, is Sri Lanka’s largest foreign investment. The project is an investment of China…

CB joins Dept for Registration of Persons against money laundering

CB joins Dept for Registration of Persons against money laundering

The Financial Intelligence Unit, located at the Central Bank of Sri Lanka, has entered into a memorandum of…

Lake House appoints MTI to chart strategic direction

Lake House appoints MTI to chart strategic direction

The Associated Newspapers of Sri Lanka has selected International Consultants MTI, to conceptualize, research, develop, deliver and help…

China’s Alibaba interested in investing in Sri Lanka

China’s Alibaba interested in investing in Sri Lanka

The world famous Chinese e-commerce company Alibaba has shown keen interest in investing in Sri Lanka and to…

Implementing international conventions only criteria for GSP Plus: EU

Implementing international conventions only criteria for GSP Plus: EU

European Union today reiterated that the ratification and implementation of 27 international conventions signed by Sri Lanka are…

2-5 year Resident Visas for foreigners investing over USD 300, 000

2-5 year Resident Visas for foreigners investing over USD 300, 000

Resident Visas for up to 5 years would be issued to foreigners who would invest a minimum of US…

Governor welcomes greater powers for CBSL

Governor welcomes greater powers for CBSL

The government has announced its intention to restructure the Central Bank to give greater powers to the Central…

Sri Lanka to bring new foreign exchange controls

Sri Lanka to bring new foreign exchange controls

Sri Lanka will bring a new foreign exchange law ‘to protect foreign reserves from irregular transactions’ a budget…

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