Japanese businesses must take advantage of Sri Lanka’s strategic location, preferential market access into key economies, and be an early mover in the country’s new growth drive, remarked Minister of Development Strategies and International Trade Malik Samarawickrama at an investor forum in Tokyo.
The Sri Lanka Tourism Promotion Bureau represented by Chinthaka Liyanaarachchi, Head of China Desk together with the active facilitation of the Consulate General of Sri Lanka in Guangzhou participated in the Guangzhou International Travel Fair (GITF) from 1st – 3rd March 2018. Travel and Tour Representatives from fifteen companies and Sri Lankan Airlines participated in this year’s Trade Fair to promote Sri Lanka as an attractive and superior travel destination.
Sri Lanka will be looking at a new business model for growth in the apparel sector which is expected to surpass the US $ 5 billion mark in exports this year.“We are planning to have a different approach to the apparel sector and to implement a new model of business to reach $ 5 billion exports this year.As we enjoy the benefits of the GSP plus, 2018 will be the best year for the apparel sector,” Joint Apparel Association Forum Secretary General Tuly Cooray said.
As part of the Cultural Diplomacy initiatives lined up for the year 2018, Embassy of Sri Lanka and the International Women’s Group (IWG) in Kuwait jointly organized a promotional event at Crowne Plaza Hotel on 4 March 2018.
The United Nations (UN) Under-Secretary-General for Political Affairs Jeffry Feltman will arrive in Sri Lanka at 4 p.m. today. The American diplomat, Jeffry Feltman is due to pay a visit to Kandy where the recent communal tensions erupted.
Bringing together suppliers and service organisations in the Apparel, Garment and Textile industry in Sri Lanka, the Apparel Industry Suppliers Exhibition (AISEX) and the Fabric & Accessories Suppliers Exhibition (FASE)will be held from 10-12 May at the Sirimavo Bandaranaike Memorial Exhibition Centre (SBMEC).
Stephen Renna, Director of the Advocacy Center at the U.S. Department of Commerce, recently met with government leaders and U.S. companies in Colombo to discuss opportunities to increase U.S. exports to Sri Lanka. “The United States is eager to expand open, fair and reciprocal trade,” stated Stephen Renna during his visit.
The ‘Invest Sri Lanka’ Investor Forum organized by the Colombo Stock Exchange (CSE), the Securities and Exchange Commission of Sri Lanka (SEC) and the Singapore – Sri Lanka Business Association (SLBA) was recently held at the Four Seasons Hotel Singapore and made a strong case for investment flows into Sri Lanka. The event drew a strong turnout of leading Asia–based institutional funds and other investors across multiple industries and was graced by Hon. Prime Minister Ranil Wickremesinghe as the keynote speaker and the Minister for Trade and Industry in Singapore Hon. S. Iswaran.