The increasing Sri Lankan exports to Canada is expected to further boost Sri Lanka – Canada bilateral trade, which is at modest levels at present.
The Central Bank of Sri Lanka has announced that the country has been taken off the ‘grey list’ of the Financial Action Task Force (FATF), which is a global anti-money laundering body.
The Laugfs Gas Group of Sri Lanka has reportedly sought approval through its power subsidiary to set up two floating solar energy plants in a bid to expand and diversify its generation capacity.
Sri Lanka has reportedly said that the trade tensions between the US and China has presented Sri Lanka’s apparel industry with unique opportunities.
Sri Lanka’s construction industry has given priority the time taken for construction projects in the country due to fast-moving economic conditions currently prevalent in Sri Lanka.