Finance

Chamber and SLBA Strengthen Partnership for Sustainable Finance

The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) have formalized and strengthened their partnership by signing a Memorandum of Understanding (MOU) to promote sustainable finance and financial inclusion in Sri Lanka. This collaboration aims to build both demand-side and supply-side capacities in sustainable finance, supporting the advancement of Sri Lanka’s Sustainable

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Industry Analysis

SLACMA Welcomes NPP’s Industrial Policies to Boost Automobile Component Manufacturing

The Sri Lanka Automobile Component Manufacturers Association (SLACMA) has extended its congratulations to Anura Kumara Dissanayake on his election as the new President of Sri Lanka. The association expressed optimism regarding the National Policy on Production (NPP) and its forward-looking industrial policies aimed at enhancing the automobile industry. Dimantha Jayawardena, the President of SLACMA, noted

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Business

Sri Lanka Pavilion Shines at 70th Bangkok Gems and Jewellery Fair, Showcasing Global Expertise

The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on September 9, marking a key moment in Sri Lanka’s global trade efforts. The event was officially inaugurated by Thailand’s Ministry of Commerce Permanent Secretary, Vuttikrai Leewiraphan, highlighting the collaborative relationship between Sri

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Business

Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion

Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional data from Sri Lanka Customs. This rise is attributed to higher earnings from exports of apparel and textiles, tea, rubber-based products, coconut-based products, food and beverages, and spices and concentrates. Compared to

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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase of the Global Program on Textile and Clothing (GTEX2), aimed at enhancing Sri Lanka’s apparel sector. This five-year program, running from 2024 to 2027, is funded by the Swiss Government and organized

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