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Budget Calendar - 2025
The Central Bank of Sri Lanka and the People’s Bank of China, in December 2024, successfully renewed the Bilateral Currency Swap Agreement signed in 2021, for a period of another three (03) years, under the terms and conditions stipulated in the original agreement. The CNY 10 billion (approximately USD 1.4 billion) currency swap facility reflects the financial cooperation between China and Sri Lanka.
The book Economic Policy Lessons for New Sri Lanka, written by Dr. H. N. Thenuwara, was presented to the Minister of Labour and Deputy Minister of Economic Development, Professor Anil Jayantha Fernando, and the Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma, at the Ministry of Finance recently (14).
Port City Colombo celebrated the groundbreaking of the Marina Development at Port City Colombo with a special ceremony held on 10th January 2025.
To ensure efficient facilitation of services required by the exporters and importers of raw material for local industries, the Government has recognized the importance of the Single Window facilitation.
The 25th Annual General Meeting (AGM) of the Sri Lanka – Germany Business Council (SLGBC) was held recently at Hilton Colombo Residences, Colombo 2.
The Sri Lanka Economic Summit organized by The Ceylon Chamber of Commerce will be inaugurated on January 28th at the Shangri La Hotel Colombo, under the theme Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic Policies. On day 2 of the Summit on January 29th, one of the key sessions will examine ‘The Right Reforms for Transformational Growth’.
His Excellency Ruben Gauci, High Commissioner of the Republic of Malta to India and Sri Lanka, met with Mr. Mangala Wijesinghe, Chairman and CEO of the Sri Lanka Export Development Board (EDB), at the EDB premises recently to discuss ways to enhance bilateral trade relations between Malta and Sri Lanka. Mr. Shano Sabar, Honorary Consul of the Republic of Malta to Sri Lanka, and senior EDB officials also attended the meeting.
A delegation from CEAT, an RPG India company, led by Managing Director and CEO Mr. Arnab Banerjee, met with Mr. Mangala Wijesinghe, Chairman and CEO of the Sri Lanka Export Development Board (EDB), recently at the EDB Head Office in Colombo.
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Automotive Component Manufacturers Association (SLACMA) and Technobiz Lanka, successfully conducted a two-day workshop on Dry Rubber Compounding Technology and Plant Management. The event held at the EDB headquarters, aimed to enhance the skills and knowledge of technical professionals in the rubber manufacturing industry, including those serving the automotive sector.
Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% compared to the same period in 2023.
