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Last Updated = Tue, Jul 23, 2019, 11:40 am SL Time

* Sri Lanka nationwide inflation declines to 2.1 percent in June 2019

July 23 (CP) Colombo- Sri Lanka's nationwide inflation in June 2019 determined under the National Consumer Price Index (NCPI) declined to 2.1 percent from 3.5 percent recorded in May on a year-on-year basis, the Department of Census and Statistics reported Tuesday.
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* UK provides US$ 4.7 bn unutilised export potential for Lankan apparels: report

July 23 (DM) Sri Lanka’s apparel industry could significantly boost its exports to the United Kingdom (UK) with US$ 4.7 billion unutilised export potential, according to the Ceylon Chamber of Commerce’s (CCC) ‘Sri Lanka - United Kingdom Bilateral Trade and Investment’ report, launched last week in Colombo.
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* HNB Assurance opens market at CSE to celebrate S&P SL 20 Entry

July 22 (CP) Colombo- HNB Assurance PLC rang the opening bell at the Colombo Stock Exchange (CSE) Friday (19). The ceremony was organized to celebrate the inclusion of HNB Assurance PLC in the S&P SL20 Index following the 2019 mid-year index review.
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* ‘Celebrate Colombo’ by So Sri Lanka & SLTPB

July 22 (Island) CFW Swim Week Colombo brings together four creative industries namely Art, Fashion, Food and Music to host a week-long creative festival titled " Celebrate Colombo" presented by So Sri Lanka, Sri Lanka Tourism and Promotion Bureau (SLTPB).
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* ‘Private sector should be vocal on economic policy reforms’

July 22 (DN) Minister of Development Strategies and International Trade, Malik Samarawickrama on Friday, told a group of chamber and business representatives that the private sector should be vocal about issues of national interest such as economic policy reforms and trade openings.
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* Tourism promo roadshows cancelled

July 21 (ST) Sri Lanka Tourism has cancelled all roadshows following a face-off between the board and officials of the Sri Lanka Tourism Promotion Bureau (SLTPB) that have been continuously blamed for the delay in implementing the recovery plan and promotional campaign post 4/21.
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* EFL becomes first Sri Lankan company to acquire membership in Green Freight Asia

July 21 CP) Colombo-: Recommitting itself to effective climate action in accordance with United Nations Sustainable Development Goals (UNSDG), leading integrated global logistics solutions provider, Expolanka Freight Ltd (EFL) announced its inclusion into the membership in Green Freight Asia (GFA).
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* Positive Sri Lanka campaign gains momentum as leading brands come onboard with aplomb

July 23 (Island) The Positive Sri Lanka initiative is generating an overwhelming response from the local business community as leading brands step forward to do their bit to restore the economy.
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* Sri Lanka looks for more partnerships with UAE

July 23 (DN) A delegation led by Nalin Bandara, Deputy Minister of Development Strategies & International Trade comprising officials from both the public and private sector visited United Arab Emirates (UAE) and met several important trade partners in the UAE.
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* Sri Lanka shares snap 8-session rally on profit-taking; rupee falls

July 22 (Reuters) COLOMBO- Sri Lankan shares closed lower on Monday, snapping an eight-session gaining streak, as investors booked profits, while the rupee weakened on higher importer dollar demand.
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* Plantation Industries Ministry in new replanting push

July 22 (DM) The Ministry of Plantation Industries is to launch a fresh initiative with an investment of Rs.300 million to boost low replanting rates in Sri Lanka’s tea industry.
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* CBSL Governor says SL could manage debt position if the govt. maintains fiscal discipline

July 21 (Island) Asserting that inflation remains within prescribed parameters, Central Bank Governor, Dr. Indrajit Coomaraswamy, said last week that Sri Lanka’s foreign reserves stood at US$ 8.5 billion, which translates into about five months of imports.
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* Apparel has biggest potential to increase exports to UK markets

July 21 (SO) Apparel has the biggest potential to increase exports to UK markets, according to a latest report on ‘Sri Lanka-British trade activities. Bilateral relationship between the UK and Sri Lanka has grown
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