Sri Lanka’s National Development Bank (NDB) has successfully negotiated a loan up to US$ 75 million, from Commerzbank Aktikengsellschaft Germany recently, a local media report stated.
Indian experts are reportedly assisting Sri Lanka to improve the country’s tyre manufacturing process and develop new products in order to enhance competitiveness to increase global market share of local products.
Australia is reportedly supporting a new home-stay project in Sri Lanka’s southeastern coast that is targeted at offering employment opportunities for women
The Ministry of Industry and Commerce of Sri Lanka has stated that the country has won the first ever revocation of countervailing duty imposed in US
The Census and Statistics Department of Sri Lanka has stated that industrial activity in the country has recorded an increase in May 2018 compared to a year ago.