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China provides concessions to boost exports

China expects to provide more concessions to Sri Lanka to boost exports from Sri Lanka to China. Deputy Director General of Department of International Trade and Economic Affairs, Ministry of Commerce of People’s Republic of China Zhu Hong said China is a huge market for Sri Lanka and they do a large number of imports to the country.

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WB to finalise country assistance strategy

The Country Assistance Strategy (CAS) of the World Bank for Sri Lanka for the next three years will be finalised in June.

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IBSL enforces premium payment warranty

THE Insurance Board of Sri Lanka will include the premium payment warranty in all general insurance policies following the circular issued in 2006. This will create healthy competition in the sector,

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Fly high: The Sri Lanka Balloon Festival will be held for the third successive year from March 21 to April 4. Over 80 international air balloonists will take part in this two-week flying excursion-cum-tour of the island. Most of the flying will take place in Sigiriya and Hambantota while those in Colombo will have a chance to glimpse the 22 balloons, each a height of a seven storey building tethered at the Night Glow Musical Show at Colombo University Grounds on March 22. The highlight of the event will be when the balloons will fly in formation with fixed winged aircrafts in Hambantota. This is the first time that such an event will be held in Asia. The event is organised by Sri Lanka Tourism along with the Ceylon Airship and Balloon Club.

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