A Singapore based trade economist has reportedly stated that Sri Lanka could get more manufacturing investment due to the increasing economic tensions between the US and China.
Managing Director of Sri Lanka’s Agency for Development, Mangala Yapa has reportedly said that the government will continue to move forward on trade deal negotiations with the next round of discussions with Thailand
The government of Sri Lanka has opened a value added tax (VAT) refund counter at the Katunayake International Airport as part of its efforts to make the country a competitive trading hub.
VA Foods Plc of Sri Lanka, which is known for its Heladiv branded ready-to-drink tea, has reportedly announced that it has opened a unit in California in the USA to distribute tea concentrates and specialty products.
Sri Lanka’s State Minister for Development Strategies and International Trade, Sujeewa Senasinghe has reportedly said that Sri Lanka and Kenya could mutually benefit through closer business ties due to their strategic locations.