Indo Lanka CCI AGM held in Colombo

Daily Mirror / Wednesday, July 30, 2008

First Annual General meeting of the Indo Lanka Chamber of Commerce & Industry was held recently at Holiday Inn Colombo. More>>

Laughs to set up Saltern

Daily Mirror / Wednesday, July 30, 2008

The Board of Investment of Sri Lanka (BoI) signed agreements four new projects to the tune of Rs. 2.6 billion.

The agreement signed with Asian Academy of Aeronautics is for a project to set up a flying training facility which will provide pilot training for abinition level to commercial pilot license. More>>

An exercise by the Export Development Board:
Polonnaruwa aquarium fish growers receive grant assistance

Daily Mirror / Tuesday, July 29, 2008

With the objective of converting the Polonnaruwa District as the hub of Aquatic fish export in Sri Lanka several measures are being implemented by the Sri Lanka Export Development Board.

After undertaking a preliminary survey of the Aquarium fish growers in the district covering areas of Medirigiriya, Hingurakgoda, Thamankaduwa, Dimbulagala, Elahara and Walinkanda the Polonnaruwa Aquarium Fish Grower Association was setup with the active involvement of the District Secretary and the National Aquatic Development Authority. More>>

India should now remove the CAP on Pepper

Daily News / Tuesday, July 29, 2008

In December 2006 the Government of India took a decision to introduce a CAP on the import of Pepper from Sri Lanka into India under the Indo Sri Lanka Free Trade Agreement (ISFTA).

Before the introduction of this CAP of 2500 tonnes, Pepper was freely imported into India under the ISFTA since 2003 with no quantitative restrictions, stated Mr. Gulam Chatoor, a Past Chairman of Spices and Allied Products (SAPPTA). More>>

Colombo Dhaka flights to open new vistas

Daily Mirror /Tuesday, 29 July 2008

Shirajiv SIRIMANE

The launch of direct flights between Colombo and Bangladesh will open new vistas of business said High Commissioner for Bangladesh in Sri Lanka, Shahdat Hossani. More>>

Tea production in June up by 16.2%

Daily Mirror / Monday, 28 July 2008

The Sri Lanka Tea Board announced that, the total reported production of tea in Sri Lanka during June 2008, amounted to 27,310,825kg as against 23,494,701kg, produced during the corresponding month in 2007. This shows an increase of 3,816,124kg or 16.2%.The total tea production during the period January to June 2008 amounted to 171,330,488kg, as against 143,634,531kg, produced during the corresponding period of 2007, indicating an increase of 27,695,957kg or 19.3%. More>>

Upgrading FTA into CEPA

Daily News / Monday, 28 July 2008

Bandula Nonis

There is much talk on the significance of the CEPA in Business News. The previous regime signed the FTA with India and it is realistic that we move to the next stage for exchange of goods and services between the partners.

The Ministry of Trade has to facilitate the expectations of the the chambers involved in international trade with regard to the trade practices already in force. It is true that we have been rushing to the next stage of the FTA with India with tremendous experience in trade transactions with our big brother. More>>

Lanka to reap economic benefits from SAARC

Daily News / Monday, 28 July 2008

HIRAN H.SENEWIRATNE

The SAARC Summit would be an excellent opportunity for Sri Lanka to showcase it as one of the safest tourist destinations in the world, President of the Federation of Chamber of Commerce and industries, Nawaz Rajabdeen told Daily News Business. More>>

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