Trade Relations

Foreign Investors Explore Investment Opportunities at Trincomalee and Hambantota Ports

As part of the Voyage Sri Lanka 2024 initiative, a group of 20 potential foreign investors from diverse countries, including India, Saudi Arabia, Maldives, France, Japan, Thailand, United States, and Cambodia, visited the Trincomalee and Hambantota ports on November 24 and 25, 2024. The purpose of the visit was to showcase Sri Lanka’s growing potential

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Trade Relations

UAE, COYLE to Boost Trade, Tech, and Tourism Ties

At a recent roundtable discussion organized by the Chamber of Young Lankan Entrepreneurs (COYLE), UAE Ambassador to Sri Lanka Khaled Nasser Al Ameri emphasized the potential for deepening bilateral ties between the United Arab Emirates (UAE) and Sri Lanka. The discussion, held on November 12 at Cinnamon Lakeside Colombo, focused on creating opportunities in trade,

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Trade Relations

Sri Lanka Launches ‘Naturalz’ to Diversify Exports in UAE

The Consulate General of Sri Lanka in Dubai and Northern Emirates has backed the brand launch of ‘Naturalz’, a new initiative by the NRS Group of Companies, which took place on November 5 at the Pullman Hotel, Deira, Dubai. This launch showcases a diverse range of high-quality Sri Lankan products, including fresh fruit pulps, spices,

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Trade Relations

Sri Lanka-Canada Business Council Concludes Successful Trade Mission

The Sri Lanka-Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce has successfully wrapped up a significant nine-member trade and investment mission to Canada. Running from 14 to 22 October, this mission aimed to deepen bilateral ties and explore collaborative opportunities across various sectors, including higher education, green agriculture, IT, and tourism. Led by

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Trade Relations

X-Press Feeders Expands Fleet, Secures Position as World’s Largest Feeder Operator

X-Press Feeders, headquartered in Singapore, has solidified its position as the world’s largest common feeder operator, significantly widening the gap over its main competitor, Unifeeder. Ranked 13th in the Alphaliner Top 100, X-Press has expanded its fleet capacity by 21.8%, adding 35,000 TEUs since October 2023. This growth outpaces the global liner fleet, which has

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Trade Relations

Sri Lankan Trade Delegation Strengthens Ties with Australian Food Industry

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Melbourne (SLCG) and the Sri Lanka-Australia Chamber of Commerce (SLACC), successfully organized a trade delegation to Melbourne, Australia, from September 2 to 6. This initiative brought together 17 distinguished Sri Lankan companies, chosen through a rigorous selection process based

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Trade Relations

Applied Graphite Begins Trading on the OTCQB Market

Applied Graphite Technologies Corporation (TSXV: AGT) (OTCQB: AGRTF) has recently completed the cross-listing of its common shares to the OTCQB Venture Market (“OTCQB”), marking a significant milestone for the company. Now trading on the OTCQB under the ticker symbol “AGRTF,” investors can access real-time quotes and market information for AGRTF on www.otcmarkets.com. Notably, Applied Graphite

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Global Economy Trade Relations

Japan Boosts Sri Lanka’s Border Security with High-Tech Scanners

Sri Lanka’s border security is receiving a significant upgrade thanks to a generous grant from the Japanese government. A package valued at USD 8.4 million includes a variety of high-tech scanners destined for Katunayake International Airport and the Colombo Port. The primary focus of these scanners is public health. Disease-detecting equipment will be used to

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