Category: Trade
Ceylon Chamber of Commerce Celebrates 185 Years of Service to Sri Lanka’s Private Sector
The Ceylon Chamber of Commerce, the premier representative of Sri Lanka’s private sector, proudly marks its 185th anniversary today (March 25). Established in 1839, initially to cater to the needs of the plantation industry, primarily rubber and coconut, it has evolved into an institution representing a wide sector of industry and commerce. Today, boasting a […]
Sri Lankan experts call for increased focus on global trade to drive economic growth
The country can achieve significantly higher economic growth supported by international trade. Sri Lanka to deepen trade ties with South Asian countries (Bangladesh, Pakistan, China, India) and increase access in East Asia (Thailand, Malaysia, Singapore). Expand into fast-growing regional markets like ASEAN and RCEP members. Attract Foreign Direct Investment (FDI) into […]
Sri Lanka – Vietnam explore opportunities in agricultural, forestry and fisheries: CCC
The Ceylon Chamber of Commerce hosted a high-level delegation from the Ministry of Agriculture and Rural Development of Vietnam, engaged in a working visit to strengthen bilateral relations between Vietnam and Sri Lanka, in the fields of agricultural, forestry and fishery. Organized in association with the Sri Lanka – Greater Mekong Business Council and the […]
PMI indicates an expansion in Manufacturing and Services activities in January 2024
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 55.6, indicating an expansion in manufacturing activities. This improvement was attributable to the increases observed in all sub-indices. The expansion in New Orders and Production was largely driven by the manufacture of textiles & apparel sector. However, New Orders and […]
SL High Commission in London hosts ‘Sri Lanka Business Drive 2024’
The High Commission of Sri Lanka in London in collaboration with the Commonwealth Enterprise and Investment Council (CWEIC) organised ‘Sri Lanka Business Drive 2024’, an interactive Roundtable discussion on investments at the High Commission on 02 February 2024. The event was presided over by High Commissioner of Sri Lanka to the United Kingdom Rohitha Bogollagama. The […]
Neighbouring Countries Economic Development Cooperation Agency of Thailand extends support to SLanka
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand agreed to enhance and expand its cooperation with Sri Lanka during a discussion held between Ambassador of Sri Lanka and Permanent Representative to the UNESCAP, C. A. Chaminda I. Colonne and the Vice President of NEDA, Senior Col. Saranyu Viriyavejakul on 15 January 2024 in […]
SL Commits to Fair Trade Collaboration: EDB & International Fair Trade Networks Sign a Cooperation Framework
In a Strategic move to promote International Fair Trade and foster global cooperation, Sri Lanka officially signed the Framework of Cooperation (FOC) with international fair trade networks in Colombo recently. The signing ceremony, attended by representatives from major fair trade and supporting organizations, took place at the Colombo Ramada Hotel. The primary objective of the […]
Relations between Sri Lanka and EU reviewed in Brussels
The Ambassador of Sri Lanka to the European Union Grace Asirwatham, who is completing her tour of duty in Brussels by the end of December 2023, had a farewell meeting with Paola Pampaloni, Deputy Managing Director of the Asia Pacific Department of the European External Action Service (EEAS), on November 28, 2023. During the meeting, […]
Japan-Sri Lanka Free Trade Zone to be established in Bingiriya and Iranavila areas
Minister of State for Investment Promotion Dilum Amunugama, announced plans to establish a Japan-Sri Lanka Free Trade Zone in the country. He mentioned that the areas of Bingiriya and Iranavila have been selected for this purpose. The minister made this announcement during a news conference at the Presidential Media Centre, held under the theme ‘ […]
Australia and Sri Lanka renew Trade and Investment Framework Arrangement (TIFA)
A renewed Trade and Investment Framework Arrangement (TIFA) was signed yesterday between Australia and Sri Lanka. Paul Stephens, Australian High Commissioner to Sri Lanka, and AMPMB Atapattu, Secretary of the Ministry of Trade, Commerce and Food Security, signed the renewed arrangement yesterday in Colombo. Australia’s Assistant Minister of Foreign Affairs, Tim Watts MP, and Sri […]
Unveiling Trade Potential: An Ex-Ante Analysis of the Sri Lanka – Thailand FTA
Sri Lanka and Thailand are engaged in expedited negotiations for a free trade agreement (FTA), aiming to conclude the negotiations by early 2024. Both countries share a strong interest in expanding their trade ties, with Sri Lanka seeking preferential access to Thailand’s market and Thailand keen to tap Sri Lanka as a gateway to South […]
Ceylon Chamber of Commerce &”
The Ceylon Chamber of Commerce and the Sri Lanka Retail Association (SLRA) signed a Memorandum of Understanding to collaborate on organizing the Sri Lanka Retail Forum 2023 on 19th October at the Cinnamon Lakeside Hotel. The Sri Lanka Retail Forum is a significant initiative that brings together the most influential players in Sri Lanka’s retail […]