Sri Lanka has been included among 60 nations subjected to a new import tax by the United States due to its inadequate enforcement of a […]
Category: Trade
Sri Lanka’s trade association plans to broaden export testing services beyond the capital city of Colombo.
FINANCIAL CHRONICLE – The Export Development Board (EDB) of Sri Lanka has announced its intention to enhance testing and certification facilities throughout the nation in […]
Sri Lanka’s April Fuel Expenditure Soars to $886 Million
FINANCIAL CHRONICLE – In April, Sri Lanka’s oil import expenses skyrocketed by 149.9 percent, reaching US$ 886 million, largely attributed to increased fuel prices stemming […]
Sri Lankan-German Business Forum Aims to Enhance Investment Opportunities and Strengthen Maritime Relations
FINANCIAL CHRONICLE – The Sri Lankan–German Business Forum 2026, set to take place in Colombo, aims to unite representatives from German public and private sectors […]
Sri Lanka’s Service Exports Decline by 6.13% in April 2026, Even with Growth in Financial Services
According to the Export Development Board, Sri Lanka’s service sector exports in April 2026 experienced a decline of 6.13 percent, amounting to 317.16 million dollars […]
Sri Lanka’s April Goods Exports Surge 9.87% Fueled by Coconut Products and Food & Beverage Sector
FINANCIAL CHRONICLE – In April 2026, Sri Lanka’s merchandise exports saw a notable increase of 9.87 percent, totaling $1,063.77 million compared to the same month […]
Sri Lanka Pursues Enhanced Collaboration with Shanghai Cooperation Efforts
Sri Lanka is eager to participate in the initiatives of the Shanghai Cooperation Organization (SCO), as expressed by Foreign Minister Vijitha Herath during a meeting […]
Sri Lanka Implements Vehicle Surcharge to Curb Imports Amid Currency Decline
Sri Lanka has implemented a temporary surcharge of 50 percent on Customs Import Duty for new personal vehicles, effective from May 16 for a duration […]
Sri Lanka and Belarus Forge Partnership in Health Care, Education, and Aviation Sectors
FINANCIAL CHRONICLE – Sri Lanka has formalized agreements with Belarus aimed at enhancing collaboration in the fields of healthcare and education, along with establishing a […]
Sri Lanka and Belarus Forge Partnership in Healthcare, Education, and Aviation Sectors
FINANCIAL CHRONICLE – Sri Lanka has formalized agreements with Belarus aimed at enhancing collaboration in healthcare and education sectors, alongside a bilateral Air Services Agreement, […]
EDB and Janathakshan Collaborate to Promote Eco-Friendly Sri Lankan Goods in the US, EU, and Japan
Sri Lanka’s Export Development Board has entered into a collaboration with Janathakshan GTE Ltd, the partner organization for the UNDP’s GEF-07 Project, aimed at promoting […]
Connectivity alone does not Guarantee Balanced Prosperity
Indian Prime Minister Narendra Modi inaugurated the newly reconstructed Pamban Rail Bridge on 6 April 2025, reviving long-standing proposals to re-establish direct transport links between India and Sri Lanka via the Palk Strait.
Sri Lanka’s Port City representatives set to engage with investors in Dubai
Officials from the Colombo Port City (CPC) are set to travel to Dubai on June 11 to engage with potential investors, as they seek to […]
Sri Lanka and Vietnam Aim for $1 Billion Trade Milestone During Diplomatic Visit
FINANCIAL CHRONICLE — Sri Lanka and Vietnam have set an ambitious goal to elevate their bilateral trade to $1 billion by the year 2030. This […]
Sri Lanka and Pakistan Aim to Strengthen Trade Relations through Enhanced Private Sector Collaboration
Sri Lanka and Pakistan have engaged in discussions aimed at enhancing bilateral trade through increased collaboration between their private sectors, as reported by the Sri […]
Sri Lanka and Türkiye Explore Enhanced Defense Collaboration in Recent Political Dialogue
FINANCIAL CHRONICLE – Sri Lanka and Türkiye engaged in discussions regarding the advancement of their defense and security collaboration during a recent meeting between senior […]
German Investors Set to Join GBF 2026 in Colombo This May
FINANCIAL CHRONICLE – Later this month, Sri Lanka will welcome potential investors from Germany during the German Business Forum (GBF) 2026, as announced by the […]
Sri Lanka Braces for Potential Medicine Shortages Due to Currency Decline and Price Regulations
FINANCIAL CHRONICLE – Sri Lanka is at risk of a medicine shortage as the pharmaceutical sector struggles with regulatory constraints that prevent price adjustments despite […]