Sri Lanka’s Apparel Sector Surpasses $3 Billion in Earnings Amid Growth
Sri Lanka’s apparel sector has surpassed the $3 billion mark in earnings, demonstrating impressive growth with a 22% year-on-year increase in August. According.
Industry Analysis
Government Regulations
Sri Lanka Cabinet Approves Bill to Modernize Cross-Border Trade
In a landmark decision, Sri Lanka’s Cabinet has approved the National Trade Facilitation Roadmap bill, marking a significant advancement in the country’s efforts.
- September 23, 2024
Industry Analysis
Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties
Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance.
- September 19, 2024
Industry Analysis
COYLE Unveils Global Platform to Propel Sri Lankan Industries onto the World Stage
The Chamber of Young Lankan Entrepreneurs (COYLE) has launched an ambitious initiative known as the COYLE Global Platform, aimed at empowering Sri Lankan.
- September 11, 2024
Tourism
Sri Lanka’s Tourism Income Surges to US$ 328 Million in July, Matching IMF Tranche
Sri Lanka’s tourism sector generated an impressive income of US$ 328.3 million in July 2024, a figure almost matching the country’s half-yearly tranche.
- August 26, 2024
Economics
Sri Lanka’s Goods and Services Exports Surge in July 2024: A 6.58% Increase in Merchandise and 16.44% in Services
Sri Lanka’s export sector witnessed a notable boost in July 2024, with merchandise exports rising by 6.58% year-on-year to reach 1,087.6 million US.
- August 26, 2024
Investing
Sri Lanka Secures US$ 71.53 Million in Tourism Investments for 2024
Sri Lanka’s tourism sector has attracted US$ 71.53 million in investment proposals up to August 16th this year, according to the latest data.
- August 21, 2024
Entrepreneurship
COYLE Launches Young Lankan’s Program to Empower Future Entrepreneurs
The Chamber of Young Lankan Entrepreneurs (COYLE) has unveiled its latest initiative, the Young Lankan’s program, aimed at nurturing the next generation of.
- August 21, 2024
Business
WEConnect International Hosts Key Events to Empower Sri Lankan Women Entrepreneurs
On August 4 and 5, 2024, WEConnect International, supported by the US Embassy, hosted two pivotal events in Colombo aimed at empowering women.
- August 12, 2024
Economics
Tokyo Cement Group Begins FY24/25 with Mixed Results but Positive Outlook
Quarterly Financial Review Tokyo Cement Group reported a turnover of Rs. 11,665 million for the first quarter ended 30 June 2024, marking a.
- August 9, 2024