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Strike By Fishermen In TN's Rameswaram Against Frequent Arrests By Sri Lankan Navy Enters 8Th Day

Strike By Fishermen In TN's Rameswaram Against Frequent Arrests By Sri Lankan Navy Enters 8Th Day

(MENAFN- IANS) Chennai, Aug 18 (IANS) The strike by fishermen in Tamil Nadu's Rameswaram against the frequent arrests by the Sri Lankan Navy entered its eighth day on Monday. The strike has caused a loss of over Rs 7 crore so far. The continuing...

Sri Lanka Sustainable Trade and Economic Summit 2025 a success

Sri Lanka Sustainable Trade and Economic Summit 2025 a success

Spotlights local entrepreneurs and expands business access WEConnect International, in partnership with the US Department of State, hosted the Sri Lanka Sustainable Trade and Economic Summit 2025 on 7 August at Shangri-La, Colombo. This high-level...

UAE Central Bank suspends licence of insurance company Yas Takaful

UAE Central Bank suspends licence of insurance company Yas Takaful

The UAE Central Bank has suspended the licence of insurance company Yas Takaful for non-compliance with the country's regulatory framework, it said on Monday. "Yas Takaful remains liable for all rights and obligations arising from insurance...

Lahore Airport: PIA to provide engineering support to Sri Lankan Airlines

Lahore Airport: PIA to provide engineering support to Sri Lankan Airlines

LAHORE: Pakistan International Airlines has added another feather to its cap by signing a technical handling engineering agreement with Sri Lankan Airlines. According to the agreement, PIA Engineering & Maintenance will provide comprehensive...

Sri Lanka Insurance Life expands countrywide presence

Sri Lanka Insurance Life expands countrywide presence

Opening Ceremony of Kathiravely ABDC Opening Ceremony of Thampalakamam ABDC Sri Lanka Insurance Life recently opened two new Agency Business Development Centres (ABDC) in Thampalakamam and Kathiravely, expanding its presence in the Eastern...

Sri Lanka to expand FTA to boost exports, foreign exchange

Sri Lanka to expand FTA to boost exports, foreign exchange

Colombo: The Sri Lankan government plans to sign more free trade agreements (FTAs) with foreign partners to diversify its export markets and boost foreign exchange earnings, media reports said on Sunday, citing a senior official. Deputy Minister...

Sri Lanka’s Red Tape Risks Blocking U.S. Trade Opportunities

Sri Lanka’s Red Tape Risks Blocking U.S. Trade Opportunities

By: Staff Writer Washington presses Colombo to reform business climate and remove hidden barriers August 17, Colombo (LNW): Sri Lanka’s ability to deepen its trade and investment relationship with the United States may depend on how quickly it can...

Sri Lanka sees continued growth in tourist arrivals as August figures top 99,000

Sri Lanka sees continued growth in tourist arrivals as August figures top 99,000

August 17, Colombo (LNW): Sri Lanka continues to witness a steady rise in international tourist arrivals, with nearly 100,000 visitors entering the country during the first half of August alone. Fresh figures from the Sri Lanka Tourism Development...

Invest Sri Lanka Forum draws strong interest in Singapore

Invest Sri Lanka Forum draws strong interest in Singapore

Labour Minister and Deputy Minister of Economic Development Prof. Anil J. Fernando CBSL Governor Dr. Nandalal Weerasinghe High Commissioner in Singapore Senarath Dissanayake SEC Chairman Senior Professor D.B.P.H. Dissabandara CSE Director Ray...

Official website of Voyage Sri Lanka 2025 goes live

Official website of Voyage Sri Lanka 2025 goes live

The official website of the Voyage Sri Lanka 2025 Conference was launched last week by Sri Lanka Export Development Board (EDB) Chairman and Chief Executive Mangala Wijesinghe at the EDB premises. The website, accessible at www.voyagesrilanka.lk,...

SLINTEC’s accredited food testing services boost Sri Lanka’s export potential

SLINTEC’s accredited food testing services boost Sri Lanka’s export potential

The Sri Lanka Institute of Nanotechnology (SLINTEC) has reached a major milestone, with its Advanced Analytical Services Laboratory receiving ISO/IEC 17025:2017 accreditation from the Sri Lanka Accreditation Board (SLAB). This internationally...

Iran Releases Currency Exchange Rates For August 18

Iran Releases Currency Exchange Rates For August 18

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 18.​ The Central Bank of Iran (CBI) has released the official exchange rates for foreign currencies as of August 18, Trend reports. According to the rates announced by the CBI, the value of 42...

Sri Lanka to expand free trade agreements to boost exports, foreign exchange

COLOMBO, Aug. 17 (Xinhua) -- The Sri Lankan government plans to sign more free trade agreements (FTAs) with foreign partners to diversify its export markets and boost foreign exchange earnings, state media reported on Sunday, citing a senior...

US Envoy urges Sri Lanka to remove trade hurdles and embrace economic reform

US Envoy urges Sri Lanka to remove trade hurdles and embrace economic reform

August 17, Colombo (LNW): Sri Lanka has a valuable opportunity to strengthen its position in global trade by streamlining regulatory processes and removing unnecessary trade barriers, according to US Ambassador to Sri Lanka Julie Chung. During a...

Sri Lanka’s CEB eyes 145MVA synchronous condensers to absorb renewables

Sri Lanka’s CEB eyes 145MVA synchronous condensers to absorb renewables

ECONOMYNEXT – Every year, for so many years, the first thing I would do as soon as I woke up on the 17th of August was to call my dear friend, the late Harry Stassen Jayawardena. Every single time, it started with, “Happy birthday, Lokka.” He...

Sri Lanka Customs Rolls Out Web-Based Notification System

Sri Lanka Customs Rolls Out Web-Based Notification System

By: Staff Writer August 16, Colombo (LNW): Sri Lanka Customs has officially launched its new web-based Customs Document Notification System (CDNS), a digital platform aimed at enhancing transparency and efficiency in cargo clearance. The CDNS...

Sri Lanka Customs records highest-ever revenue of Rs. 235 Billion

Sri Lanka Customs records highest-ever revenue of Rs. 235 Billion

Posted by Editor on August 17, 2025 - 9:21 am Sri Lanka Customs has recorded the highest revenue in its history, amounting to Rs. 235 billion last month, according to Director General of Customs Sunil Nonis. He made this announcement while...

Bangladesh’s economic performance has been unique post-uprising

Bangladesh’s economic performance has been unique post-uprising

Last year, after the violent change in power through the mass uprising, when the interim government assumed the responsibility of salvaging the economy from the brink of total collapse, the task to bring it back on track seemed almost impossible....

Foreign Jobs for Sri Lankans in Singapore: Policy or Political Show?

Foreign Jobs for Sri Lankans in Singapore: Policy or Political Show?

By: Staff Writer August 17, Colombo (LNW): Sri Lanka’s government has recently touted efforts to create overseas employment opportunities, particularly in Singapore, raising questions about whether these initiatives are genuine policy measures or...

Adani Pullout Puts Sri Lanka’s Green Energy Push in Jeopardy

Adani Pullout Puts Sri Lanka’s Green Energy Push in Jeopardy

By: Staff Writer August 17, Colombo (LNW): The Sri Lankan government confirmed yesterday (August 17, 2025) that only the refundable deposits placed by the Adani Group for the proposed Mannar Wind Power project will be reimbursed. Energy Minister...

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