Sri Lanka to finalize Hambantota port deal by next month

Sri Lanka to finalize Hambantota port deal by next month

Sri Lanka expects to finalize the deal with regard to the loss-making Hambantota port within three weeks, Ports Minister said. Minister Arjuna Ranatunga told Parliament Friday that under the new arrangement, the port will be operated as a PPP venture project between Sri Lanka and Chinese investors. “A…

First Japanese model farm starts in Walpita with US$ 1 mn investment

First Japanese model farm starts in Walpita with US$ 1 mn investment

The Japan Lanka Agriculture Industrial Research and Training Center (Pvt) Ltd (JLATC), held the ground breaking ceremony for the first Japanese model farm in Walpita,Divulapitiya. JLATC is a BOI approved company which has signed a joint venture agreement with the Agriculture Department in Sri Lanka to introduce and…

Tehran, Colombo to launch direct trade

Tehran, Colombo to launch direct trade

Sri Lankan Minister of Primary Industries (agriculture and fisheries) Daya Gama said on Wednesday that direct trade between the two countries can be more beneficial for both nations. Gama made the remarks in a meeting with Iranian Deputy Minister of Agricultural Jihad for Commercial and Agricultural Industries Ali-Akbar…

Japanese SME business delegation visits BOI on evaluation mission

Japanese SME business delegation visits BOI on evaluation mission

The Board of Investment of Sri Lanka hosted a large delegation consisting of representatives from the World Business…

Sri Lanka to sell 80 percent of southern Hambantota port to Chinese firm

Sri Lanka to sell 80 percent of southern Hambantota port to Chinese firm

Sri Lanka will sell to a Chinese company 80 percent of a $1.5-billion port in its south, where…

Sri Lanka’s Trade Pacts with India and China will be trade light bristling with exemptions and loopholes, warns economist

Sri Lanka’s Trade Pacts with India and China will be trade light bristling with exemptions and loopholes, warns economist

Dr.Razeen Sally, Chairman of the Institute of Policy Studies in Sri Lanka and Associate Professor, Lee Kuan Yew…

Duty concessions to APTA members get approval

Duty concessions to APTA members get approval

India’s decision to offer duty concessions on about a fourth of its traded products to the members of…

Hanjin shipping bankruptcy to have indirect impact on Sri Lanka

Hanjin shipping bankruptcy to have indirect impact on Sri Lanka

The filing for bankruptcy by South Korean container shipper Hanjin Shipping will have an indirect impact on Sri…

Five IT companies begin operations at GIT Japan

Five IT companies begin operations at GIT Japan

The Global IT (GIT) Park Japan was opened on August 23 at Minami Uonuma City, Japan. Five Sri…

Sri Lanka keen to invest in Nepal infrastructure, education

Sri Lanka keen to invest in Nepal infrastructure, education

The newly appointed Sri Lankan Ambassador to Nepal, WS Pereira, said that Sri Lanka was interested in investing…

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