Technology

Sri Lanka’s IT Sector to Showcase Innovation at GITEX Expand North Star 2024 in Dubai

The Sri Lanka Export Development Board (EDB), in partnership with the Sri Lanka Consulate General in Dubai, UAE, is set to organize the Sri Lanka pavilion at GITEX Expand North Star, taking place from October 13 to 16, 2024. This initiative will encompass various activities, including business meetings, networking sessions, and field visits across Dubai,

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Business

Mirai Consulting of Japan Explores Investment Opportunities in Sri Lanka

A delegation from Japan’s Mirai Consulting Group recently visited Sri Lanka to explore potential investment opportunities in various sectors of the country’s economy. Led by Mirai’s Chief Operating Officer Okada Atsushi and international business consultant Shaakir Hussain Sathar, the team met with Export Development Board (EDB) Chairman Kingsley Bernard. The primary goal of their visit

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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 dollars, according to official data. Apparel exports, a key contributor, grew by 3.8%, supported by increased demand from the US market. From January to July 2024, total merchandise exports climbed by 4.94%,

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