Cancer Aid

May 08 (LBO) – Ceylinco Healthcare Services is to set up Sri Lanka’s first private cancer treatment facility by May next year, to treat even advanced cases of the disease.The facility will support its existing cancer screening unit that offers genetic counselling and also tests for oral, breast, stomach, cervical and other cancers. The new […]

China Parley

More than 50 senior executives of Chinese firms are participating in a business forum in Colombo, as commercial ties between the two countries continue to strengthen. The two day China-Sri Lanka CEO Summit, to be held on May 08th and 09th has been organized with the Asian Capital Forum, a CEO club and conference organizer. […]

Trade Glitch

May 02 (LBO) – A tariff cut of up to 70 percent on imports from India under the Indo-Lanka Free Trade Agreement has been pushed back due to legislative delays. The tariff changes are currently in Parliament and there has been a delay in getting it approved but it is purely a procedural delay, Lal […]

Mixed Results

May 02 (LBO) – Indo-Lanka trade talks hit a roadblock last week with dialogue on trade in goods shelved for later this month, though talks on services made headway. “We could not complete the talks on the Comprehensive Economic Partnership Agreement (CEPA) as scheduled. We were able to hold discussions on financial services and other […]

United Front

DHAKA, April 27, 2006 (AFP) – Health ministers from seven South Asian nations have decided to develop a common strategy to combat bird-flu in the region, a statement said Thursday.The health ministers said after their meeting in the Bangladeshi capital Dhaka Wednesday that “an impending pandemic influenza” posed a threat to the region’s 1.40 billion […]

Old Ghost

GENEVA, Apr. 25 (AFP) – The spectre of failure has returned to haunt the World Trade Organisation, as negotiators prove unable to maintain momentum in the Doha Round talks and developing countries warn that no deal is better than a bad deal.The 149-nation WTO has acknowledged that it will miss an April 30 deadline for […]

Chess Game

Apr.24 (LBO) – Sri Lanka plans to ask for more shipments of clothes, edible oils and fewer limits on country of rules origins on exports of key items to India, when both nations meet for trade talks tomorrow, officials said. Four days of trade talks between the two nations under the Comprehensive Economic Partnership Agreement […]

Wider Berth

DHAKA, April 21, 2006 (AFP) – South Asian nations have agreed to include services in the South Asian Free Trade Agreement (SAFTA) in a bid to boost regional economic integration, a report said Friday.The decision came at a meeting of South Asian trade ministers in Dhaka that ended Thursday on the free trade pact which […]

Breaking Barriers

DHAKA, Apr.20 (AFP) – The trade ministers of seven South Asian nations said Thursday they had “fruitful” discussions on barriers still impeding a planned regional free trade area.Fruitful discussions were held in a very cordial atmosphere; the implementation of the SAFTA (South Asian Free Trade Agreement) is now our prime task,” Bangladesh Trade Minister Altaf […]

Oily Row

Apr. 05 (LBO) – India has slapped a countervailing duty of between US$28-32 per metric tonne on vanaspati oil shipments from Sri Lanka, raising the stakes in a trade dispute that has been simmering for several months. -Mel Gunasekera: mel@ Imposed through the recent Indian budget, the levy comes at a crucial time, as both […]

Fresh Look

Apr.03 (PTI) – The BBC today announced a re-broadcasting deal with Sri Lanka’s state-run radio and said it was looking for possible joint ventures for Hindi and Urdu service channels in India. Sri Lanka’s SLBC radio will re-broadcast nine hours of BBC programing under the new deal, BBC World Service business development manager Michel Lobelle […]

Quick Chat

Apr. 03 (LBO) – Sri Lanka will take up thorny issues like shipments of pepper and vanaspati oil to India, when both sides meet for trade talks in Colombo this month, an official said Monday. Four days of trade talks between the two nations under the Comprehensive Economic Partnership Agreement or CEPA are due to […]

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