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Sri Lanka’s Textile Industry Enhances Competitiveness Through UK’s DCTS Initiative
The United Kingdom’s updated Developing Countries Trading Scheme (DCTS), set to commence in January 2026, offers significant advantages for Sri Lanka’s garment industry, particularly benefiting small and medium-sized enterprises (SMEs) as they seek to establish a stronger presence in a crucial market. The key advantage of the revised scheme is its practicality. By simplifying the
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McLaren Maritime Academy Honors the Next Generation of Sri Lankan Mariners at 2025 Graduation Ceremony
McLarens Maritime Academy (MMA), a prominent and accredited institution for maritime training in Sri Lanka, celebrated its 2025 Convocation at the Bandaranaike Memorial International Conference Hall (BMICH). This significant event honored the accomplishments of aspiring…
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Sri Lanka’s Fisheries Ministry Initiates Fuel Monitoring System for 35,000 Fishing Vessels
FINANCIAL CHRONICLE – The Ministry of Fisheries in Sri Lanka has announced plans to enhance fuel distribution for the fishing sector by implementing online tracking systems and daily fuel quotas to efficiently manage supplies for…
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Sri Lanka’s Stock Market Declines 1.33% Amid Rising Oil Prices
FINANCIAL CHRONICLE – The Colombo Stock Exchange experienced a decline on Monday, mirroring the downward trend of other Asian markets, as Brent crude oil prices remained elevated, holding steady above $115 per barrel throughout the…
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