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India and Sri Lanka expedite efforts to finalise ETCA soon
Indian and Sri Lankan authorities are now working towards the finalisation expeditiously of the much delayed and widely debated Economic and Technology Co-operation Agreement (ETCA), which will out strip the existing free trade agreement (FTA) entered in to in March 2000, Trade Ministry sources confirmed.
Sri Lankan migrant workers get additional duty concessions
Sri Lanka government has devised a methodology to provide additional duty concessions extended for Sri Lankan migrant workers based on the amount remitted through official banking channels.
Govt. extends amnesty period to declare foreign currency
The Government has decided to further extend the amnesty period for individuals to deposit or sell the foreign currency in possession.
CSE adopts progressive changes to its listing framework,
The Colombo Stock Exchange (CSE) adopted progressive changes to the CSE’s listing framework for new listings, offering a wider choice of listing options for companies wanting to list shares on the Main and Diri Savi Boards.
More Sri Lankans leave the country creating brain drain
With a severe shortage of food, money and jobs, Sri Lankans are leaving the country in mass exodus via legal and illegal channels.