India sugar exporters to seek lower import tax on shipments to Sri Lanka, Bangladesh

India sugar exporters to seek lower import tax on shipments to Sri Lanka, Bangladesh

Indian sugar exporters will seek lower import duties on its sugar exports to neighbouring Sri Lanka and Bangladesh, a top industry official said on Thursday. “We will seek preferential import duty for our sugar exports to neighbouring Sri Lanka and Bangladesh under SAFTA (South Asian Free Trade Area),”…

France to help Sri Lanka build mini diary network

France to help Sri Lanka build mini diary network

France will give a 13.9 million Euro concessional loan to Sri Lanka to build six hi tech mini dairies which can process up to 4,500 litres of milk a day, the Finance Ministry said. The mini dairies with computerized monitoring will be able to produce homogenized pasteurized and…

India to consider talks with Sri Lanka, Bangladesh to export sugar

India to consider talks with Sri Lanka, Bangladesh to export sugar

India will consider initiating preliminary talks with neighbouring Sri Lanka and Bangladesh to seek lower import duties for its sugar exports to prevent a glut next season, a top government official said. In the current 2017/18 season sugar mills in India, the world’s biggest consumer of the sweetener,…

France seeks Sri Lanka’s support for Expo 2025 bid

France seeks Sri Lanka’s support for Expo 2025 bid

The head of France’s bid to host the 2025 World Expo held talks with Sri Lankan leaders Friday…

Sri Lanka to promote organic food production and open an export market for the products

Sri Lanka to promote organic food production and open an export market for the products

Sri Lanka’s government has given the nod for the promotion of organic food production and opening of export…

Economic cooperation: Science diplomacy – a tale of two countries

Economic cooperation: Science diplomacy – a tale of two countries

AT the invitation of President Maithripala Sirisena, Prime Minister Datuk Seri Najib Razak undertook an official visit to…

Russian watchdog to resume tea imports from Sri Lanka: RIA

Russian watchdog to resume tea imports from Sri Lanka: RIA

Russia’s agriculture safety watchdog will resume imports of tea from Sri Lanka, RIA news agency cited its head…

Malaysia, Sri Lanka to resolve Dialog Axiata’s licensing issue

Malaysia, Sri Lanka to resolve Dialog Axiata’s licensing issue

A US$300mil (RM1.2bil) investment by Malaysian-owned Dialog Axiata Plc in Sri Lanka which has been delayed due to…

CMEC to build 400 MW LNG power plant, terminal in Sri Lanka

CMEC to build 400 MW LNG power plant, terminal in Sri Lanka

China Machinery Engineering Corporation is to build a 400MW natural gas power plant in Sri Lanka’s southern Hambantota …

Sri Lanka to hand port to Chinese firm, receive $300 million

Sri Lanka to hand port to Chinese firm, receive $300 million

Sri Lanka will hand over commercial activities in its main southern port to a Chinese company on Saturday…

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