Brazilian aerospace and defence major Embraer today announced a significant reinforcement of its commitment to India with the establishment of a fully owned Indian subsidiary which will have its …
Sri Lanka-China Trade and Investment Forum 2025 sparks new economic opportunities
Labour Minister and Economic Development Deputy Minister Dr. Anil Jayantha Fernando yesterday called on high-level Chinese companies to consider joint ventures in high-potential sectors such as …
UK trade envoy visits MAS Holdings to strengthen Sri Lanka–UK trade ties
Lord John Hannett of Everton, UK Trade Envoy to Sri Lanka, visited the MAS Holdings’ Silueta facility in Biyagama. The visit, facilitated by the British High Commission, aimed to offer the UK …
ComBank to offer special educational loans to students of Alpha Business School
The Alpha Business School, a leader in the fields of Accountancy, Finance and Management education, is the latest higher education institution in Sri Lanka to partner with the Commercial Bank of …
Belarus, Sri Lanka intend to exchange business missions
Ambassador of Belarus to Russia Aleksandr Rogozhnik held a meeting with Ambassador of the Republic of Sri Lanka to the Russian Federation Shobini Gunasekera, BelTA learned from the press service of th …
Debt-stricken Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepen bilateral ties in areas such as trade, tourism and agriculture. Winston Peters, New Zealand’s deputy prime …
Southern Cross Inks Partnership With Sri Lankan NSBM Green University
Southern Cross University and NSBM Green University (Sri Lanka) have recently signed a heads of agreement to establish an offshore program, allowing …
Varun Beverages to acquire 50% stake of Sri Lankan visi-cooler maker
Varun Beverages Ltd, a key PepsiCo bottler, plans to acquire a 50% stake in Everest Industrial Lanka (EIL) for USD 3.75 million. VBL stated that this strategic acquisition will enable the company to …
Uzbekistan sees steady growth in peach juice production
Uzbekistan’s peach juice production continues to grow steadily, reflecting increasing industrial capacity and strong demand both domestically and abroad. Recent data shows the sector reaching new …
Low imports, low confidence, low growth: Is Bangladesh in a slow-burning crisis?
Consequently, a significant drop in imports means assembly lines slow, export volumes shrink, and thousands of jobs and family incomes are jeopardised.