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EDB and CHEC Port City Colombo sign MoU to boost export businesses
In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the project, recently entered into a partnership with the Sri Lanka Export Development Board (SLEDB). A memorandum of understanding (MoU) was signed between the two parties to this effect at a special ceremony […]
UNDP and Colombo Stock Exchange sign MoU to leverage capital markets for sustainable financing
The United Nations Development Programme (UNDP) in Sri Lanka and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) to establish a partnership aimed at leveraging Sri Lanka’s capital markets for sustainable financing. This collaboration is intended to support and encourage private sector stewardship and embed sustainability as an important element of business […]
Virtusa concludes first-ever LinkedIn community event in Sri Lanka
Virtusa Corporation, a global provider of digital engineering and IT services, proudly hosted the first-ever LinkedIn (LI) community event in Sri Lanka, dubbed “Connect Colombo.” The landmark event took place at the Courtyard by Marriott, marking a significant milestone in the country’s professional networking landscape. Bringing together over 200 industry leaders and mid to senior-level […]
Japanese Foreign Minister Yoko Kamikawa to visit Sri Lanka
Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04-05 May 2024. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation will have official discussions […]
CTC appoints Fariyha Subhani as Managing Director
Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15 th April 2024. Subhani takes over the reins as Managing Director from Monisha Abraham, who was appointed to the position in December 2021. Prior to joining CTC, Fariyha served as Managing Director for Upfield (Private) Limited, South & Central Asia, […]
U.S. Under Secretary Alexis Taylor Visits Sri Lanka to Strengthen Agricultural Ties and Food Security
On Friday in Colombo, Alexis Taylor, Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), together with U.S. Ambassador Julie Chung, met with Sri Lankan President Ranil Wickremesinghe and other senior government officials to discuss USDA support for Sri Lanka’s agricultural sector. Under Secretary Taylor’s visit underscored the American […]
‘SriLankan Airlines and Air Seychelles embark on Codeshare Partnership’
SriLankan Airlines, the national carrier of Sri Lanka and Air Seychelles, the national airline of the Republic of Seychelles, have embarked on a codeshare partnership, ushering in seamless travel to multiple new destinations throughout Asia, Africa and Australia for their passengers flying between Colombo and Mahé. Connecting people and places across continents, the collaboration empowers […]
CBSL releases inaugural annual economic review and financial statements for 2023
The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented toRanil Wickremesinghe, the President and Minister of Finance, […]
”; Outlook Stable
Fitch Ratings has affirmed Siyapatha Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. Fitch also affirmed Siyapatha’s subordinated debt at’ BBB-(lka)’ and proposed senior debt at ‘BBB+(EXP)(lka)’.
Ceylon Chamber Welcomes National Digital Economy Strategy
The Ceylon Chamber recognizes the Digital Economy as a key enabler for Sri Lanka’s economic growth acceleration. The National Digital Economy Strategy 2030 recently published by the Ministry of Technology provides a roadmap to unlock the benefits of the digital economy. The strategy focuses on the improvement of the digital infrastructure, implementation of the Digital […]