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WEB1 day ago · Cabinet Approves the National Trade Facilitation Roadmap for Sri Lanka Bill. In a landmark decision, the Cabinet approved the National Trade Facilitation Roadmap for Sri Lanka bill marking a significant step forward in Sri Lanka’s journey to modernize its cross-border trade processes and align with global trade facilitation standards.
Cabinet Approves the National Trade Facilitation Roadmap for Sri …
WEB1 day ago · In a landmark decision, the Cabinet approved the National Trade Facilitation Roadmap for Sri Lanka bill marking a significant step forward in Sri Lanka’s journey to modernize its cross-border trade processes and align with global trade facilitation standards. The roadmap now serves as the country’s official strategy for driving comprehensive trade reforms, aimed at streamlining...
PickMe’s IPO oversubscribed - Adaderana Biz English | Sri Lanka ...
WEBSep 13, 2024 · Digital Mobility Solutions Lanka Limited, known as PickMe, has successfully concluded its Initial Public Offering (IPO), demonstrating robust investor interest. The company offered 43,474,179 shares at a price of LKR 36.00 per share, and the issue has been oversubscribed. As detailed in the prospectus dated September 3, 2024, the subscription list will officially close today...
BOI Sri Lanka discusses strategic investments in key sectors to …
WEB3 days ago · The Board of Investments of Sri Lanka successfully hosted an investor roundtable titled “Supporting Sri Lanka’s Recovery Through Resource Commitment” at the Ministry of Investment Promotion, Colombo on September 2, 2024.The event brought together prominent Sri Lankan and Indian investors, industry leaders to explore strategic investment opportunities aimed at supporting Sri Lanka’s ...
Dialog Crowns Top Digital Innovators at Grand Finale of …
WEB3 days ago · The Dialog Innovation Challenge (DIC), Sri Lanka’s largest digital innovation competition, concluded with an impressive showcase of technological talent. The program, aired on TV Derana and Dialog Television’s Channel One over a span of two months, culminated in a grand finale that highlighted its role in fostering technological advancement and local innovators.
Relaxation of the period applicable for exporters of goods to …
WEBSep 9, 2024 · Taking into consideration the macro-economic developments, in particular the developments in domestic foreign exchange market conditions, Central Bank of Sri Lanka issued the “Repatriation of Export Proceeds into Sri Lanka Rules No. 01 of 2024” (Rules), which was published in the Gazette Extraordinary No. 2391/02 dated 01.07.2024, in terms of the Central Bank of Sri...
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WEBSri Lanka Parliament Approves Offshore Banking Regulations at Port City Colombo. Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking — Prudent Management and Confidence, were officially passed by the Parliament of Sri Lanka on 4th September 2024. This milestone represents Port City Colombo’s ...
Business Sentiment: Index Climbs to an 11 Month High
WEBMay 31, 2024 · Business confidence spikes for a third consecutive month to nearly three digits Sri Lanka’s internal affairs are heating up with critical agreements pending regarding debt restructuring. The government however, is confident that the process will be completed in time for the release of the third IMF tranche in June. President Ranil Wickremesinghe announced that the...
Ushering In a New Era As Port City Colombo Breaks Ground On …
WEBMar 12, 2024 · A new era of innovation dawns for Sri Lanka as Port City Colombo breaks ground on its premier business park, the Business Center. This groundbreaking ceremony signifies a major milestone, not just for the project, but for the country’s ambition to become a leading regional hub for technology and commerce. A Catalyst for Innovation and...
ADB Approves $100 Million Loan to Support SMEs in Sri Lanka
WEBMar 18, 2024 · The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy, contributing 52% …