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Lanka tea takes 10% share in Chinese market

Lanka tea takes 10% share in Chinese market

Sri Lanka tea exporters to China are increasing and the country has been able to take 10% share of the Chinese tea market, Assistant Director, Sri Lanka Tea Board, Dhanushka Karunaratne said. He said that there is specially a growing demand from young Chinese towards Sri Lanka tea.…

Sri Lanka top place to travel in 2019: Lonely Planet

Sri Lanka top place to travel in 2019: Lonely Planet

Sri Lanka’s has been named the best place to travel in 2019 by Lonely Planet, “Sri Lanka is decidedly having its moment in the equatorial sun and change is coming swiftly,” the portal said. “Already notable to intrepid travellers for its mix of religions and cultures, its timeless…

Developing Economies Call for Global Action to Contain Risks

Developing Economies Call for Global Action to Contain Risks

Concern over rising risks to emerging market economies were centre stage this week as global Finance Ministers and Central Bank Governors gathered in Bali, Indonesia yesterday. Bali hosted both the biannual Ministerial Meeting of the Group of Twenty-Four (G-24) developing countries and the annual meetings of the International…

Sri Lanka has potential to more than double its exports to South Asia – World Bank report

Sri Lanka has potential to more than double its exports to South Asia – World Bank report

If trade barriers are overcome, trade within South Asia can increase three-fold, from $23 billion to $67 billion,…

PM opens trading at London Stock Exchange

PM opens trading at London Stock Exchange

Prime Minister Ranil Wickremesinghe who is on an official visit to the UK opened trading at the London…

India, Sri Lanka urged to be more open; new trade deal expected in December

India, Sri Lanka urged to be more open; new trade deal expected in December

India and Sri Lanka are likely to sign a new trade deal by December and both countries should…

Indian grant for 5,000 tonne cold storage in Sri Lanka

Indian grant for 5,000 tonne cold storage in Sri Lanka

India Monday signed an agreement with Sri Lanka to grant 300 million rupees to build a 5,000-metric ton…

Vision Care & Luxottica showcase their new eyewear collection

Vision Care & Luxottica showcase their new eyewear collection

  Vision Care Optical Services (Pvt) Ltd showcased  their new eyewear collection at their newly opened showroom at 505 Union…

No duty-free edible oil from Bangladesh, Sri Lanka

No duty-free edible oil from Bangladesh, Sri Lanka

India allowing duty-free import of edible oil from Bangladesh and Sri Lanka under South Asian Free Trade Area…

Colombo cuts rates after India eases cabotage rules

Colombo cuts rates after India eases cabotage rules

Colombo port, which thrives on Indian cargo containers that passes through it, has cut transshipment rates by 9.5…

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