Tea exporters’ costs skyrocket
Additional testing which has been necessitated following concerns from the Taiwan and Japan markets have significantly increased tea exporters’ costs. Read More »
No ETCA negotiations until Cabinet approval
The 12th round of negotiations on the Economic and Technology Co-operation Agreement (ETCA), which was scheduled to be held in September, had been postponed pending Cabinet approval. Read More »
Sathosa to launch first ever state run Loyalty Card tomorrow
Sri Lanka’s first state run FMCG (Fast-Moving Consumer Goods) Loyalty Card will be launched on 8 November by the largest retail supermarket chain in the country, Lanka Sathosa Ltd. Read More »
Coping with latest COPE report
Recently the Committee on Public Enterprises (COPE) presented its Third Report to Parliament which examines the performance of 23 state-owned enterprises over the last 19 months. Read More »
SEC sues LAUGFS Chairman Wegapitiya for stock market manipulation
The Securities & Exchange Commission of Sri Lanka (SEC) filed action in the Colombo Fort Magistrate’s Court today (05) against Laugfs Gas PLC Chairman W.K.H. Wegapitiya. Read More »
Central Bank Act to replace Monetary Law Act
The Monetary Law Act (MLA), which established Sri Lanka’s monetary system and the Central Bank in 1949, will soon be repealed and replaced by a new Central Bank Act. Read More »
Rs. 600 m incentive for plantation workers
The Government has allocated Rs. 600 million to provide incentives to plantation sector workers with the objective of enhancing productivity and efficiency of Regional Plantation Companies. Read More »
