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Last update:Wed, 20 Nov 2024

Sri Lanka co-chairs the 15th Inter-Sessional Meeting of the ASEAN Regional Forum on Non–Proliferation and Disarmament

ARFProlif2024Sri Lanka, Thailand and USA co-chaired the 15th Inter-Sessional Meeting (ISM) of the ASEAN Regional Forum (ARF) on Non –Proliferation and Disarmament (NPD), held from 29 April – 01 May 2024 in Hawaii, USA. The meeting followed Sri Lanka’s hosting of the 14th ARF Inter-Sessional Meeting on Non Proliferation and Disarmament in Colombo last year.


Govt. gazettes Colombo Port City investment incentives

PortCity1

  • Reliefs include concessionary 50% tax rate; enhanced capital allowance; flexibility of currency choice on payment of dividends or other financial benefits by businesses
  • Lists secondary businesses of strategic importance at Colombo Port City

Industry 2023 Sri Lanka

Industry2023Industry 2023 Sri Lanka

22-25 JUNE, BMICH, COLOMBO, SRI LANKA
Towards Export Oriented Manufacturing Economy
Biggest Industry Exhibition in Sri Lanka

Explore The Benefits By Joining Industry 2023:

“A New Chapter for Ceylon Tea”

TEA InternationalDay 2023 1The Sri Lankan Tea Industry Celebrates Major Gains by the Smallholder Sector despite Economic Challenges

On the International Tea Day, the local tea industry is celebrating impressive achievements by the smallholder sector despite facing an array of unprecedented challenges posed by the economic challenges and the currency collapse. “It goes without saying that the local tea industry has faced many demanding issues, but on this year’s International Tea Day, we want to celebrate the resilience of our smallholder tea growers, who have overcome pandemic adversity to be back on track to reach high profitability levels,” says Niraj de Mel, the Chairman of the Sri Lanka Tea Board. “The smallholder sector has already achieved so much in terms of sustainability in the past couple of decades that is worth celebrating. This is a new chapter in the story of Ceylon Tea,” he added.

Sri Lanka targets the growing European market for organic food products at BIOFACH 2023, Germany

Biofach2023 4A delegation from Sri Lanka participated at the ‘BIOFACH’ Trade Fair, world’s largest annual organic food products trade show, held from 14 to 17 February 2023 in Nuremberg, Germany. This annual trade fair held since 1990 attracts food industry professionals from across the world. This year, 2,765 exhibitors from 95 countries participated in the trade fair. The fair was also attended by 36,000 trade visitors from 135 countries. Germany is one of the largest organic food markets in the world and BIOFACH figures show that the organic sector recorded revenues of €15.3 billion for the German organic market in 2022. In Europe, Germany is the largest market for organic products as well as the largest organic producer. In addition, veganism is increasingly popular in Germany creating export opportunities for meat and dairy substitutes as well as breakfast foods.