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 School of Public Policy, National University of Singapore, says that Sri Lanka should proceed with the Economic and Technical Cooperation Agreement (ETCA) with India and have a Free Trade Agreement…

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 the Asia Pacific Trade Agreement — China, Bangladesh, Lao, South Korea and Sri Lanka — has been approved by the Union Cabinet on Monday. The new round of concessions, which…

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 Lanka with reduced space for cargo originating from the island, an industry official said. Hanjin, ranked the seventh largest globally, with 98 ships and 2.9 percent share of trade, has…

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…

Sri Lanka and Tanzania to expand business relations

Sri Lanka and Tanzania to expand business relations

Sri Lanka and Tanzania opened a new chapter in business and investment promotion between the two countries with…

Meet Nita Ambani, The First Lady Of Indian Business

Meet Nita Ambani, The First Lady Of Indian Business

Ahead of its wider public rollout of much-awaited 4G phone service, Reliance Jio Infocomm, the telecom arm of…

People suffer due to economic debacle caused by former government – President

People suffer due to economic debacle caused by former government – President

“The members of the former government are now walking on the roads by telling fairy tales. But the…

Petronet aims to setup terminal in Sri Lanka, eyes Narendra Modi govt push

Petronet aims to setup terminal in Sri Lanka, eyes Narendra Modi govt push

Petronet LNG, India’s biggest player in liquefied natural gas, is planning to set up a re-gassification terminal in…

Flow of investments from Oman to Sri Lanka on the upswing

Flow of investments from Oman to Sri Lanka on the upswing

A large number of Omanis are turning to Sri Lanka to invest in property, infrastructure development and the…

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