Sri Lanka’s export target for the batik, handloom and local apparel industry has been set at US$ 6 billion in 2021, according to The Morning.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) has reportedly noted that Sri Lankan organic exporters could become strategic suppliers to the German market for organic food which is one of the fastest-growing markets worldwide and the largest one within the European Union (EU).
Sri Lanka last week witnessed the opening of the first phase of Colombo city’s iconic residential apartment complex – Altair.
Sri Lankan authorities are planning to set up an aircraft and maintenance and repair overhaul (MRO) unit, a transit hotel, expand duty free services at Mattala Rajapaksa International Airport
China last week approved the long-awaited US$ 1.5 billion swap that is expected to boost Sri Lanka’s flagging reserves, State Minister of Money, Capital Markets, and State Enterprise Reform Ajith Nivard Cabraal has reportedly stated.