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‘s Export Sector
Seylan Bank took a key step towards empowering Sri Lanka’s export sector by forging a strategic partnership with the National Chamber of Exporters. This collaborative effort aims to drive the nation’s local products into the global market while providing comprehensive financial solutions and support to both seasoned exporters and ambitious entrepreneurs through the innovative Export […]
JICA & NPD to improve Effective Public Investment Management for Economic revival of Sri Lanka
On 2nd of August, the detailed discussion on the progress and way forward was held on the ongoing technical cooperation project named, “Project for Capacity Development for Effective Public Investment Management” between Department of National Planning, Ministry of Finance, Economic stabilization, and National policies (NPD), other line ministries and JICA at the 3rd Joint Coordination […]
Green Milestone: Hiruras Wind Power Plant Inauguration by WindForce
On August 6th, Mannar, Sri Lanka, witnessed history as the Hiruras Wind Power Plant of WindForce PLC was inaugurated. Hon. Minister Kanchana Wijesekera, Minister of Power and Energy, led the event, marking a significant stride in Sri Lanka’s renewable energy journey. Notable attendees included Hon. State Minister Indika Anuruddha, Ministry of Power officials, Ceylon Electricity […]
Sobitha Rajakaruna takes oath as Acting President of Court of Appeal before President
Judge Sobitha Rajakaruna was sworn in as the Acting President of the Court of Appeal before President Ranil Wickremesinghe at the Presidential Secretariat this morning (07). Additionally, High Court Judge M.C.B. Sanjeeva Moraes took oath as a new Court of Appeal judge in the presence of the President.The event was attended by the President’s Secretary, […]
Driving customer-centric innovation in challenging times
By Sabry Ansar, Director, Head of CE Business – Samsung Electronics, Sri Lanka and Maldives In times of unprecedented challenges, the significance of innovation and adaptability in meeting customer demands becomes paramount. As the Director of Samsung Sri Lanka and Maldives, I worked alongside a dedicated team to recognize the crucial role of understanding customer […]
IQA Sri Lanka, Shippers’ Academy, and Central Bank conducts islands premier corporate quiz
This year’s edition of Sri Lanka’s premier corporate quiz, The Global Commerce Quiz for the Governor’s Challenge Trophy will be staged at the Galadari Hotel August 28. With around 50 organizations participating annually, this event is widely regarded as the blue-ribbon corporate quiz in Sri Lanka. It is conducted by the Sri Lanka chapter of […]
Sri Lanka – India business networking event forges new collaborations
Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a multi-sectoral business delegation from India recently hosted by the Ceylon Chamber of Commerce at the Shangri-La Hotel Colombo. The networking event provided an exclusive opportunity for Members of the Ceylon Chamber to meet with the […]
Second Coconut Triangle to be launched in Northern Province: Minister of Plantation Industries
The second Coconut Triangle would be launched in the Northern Province this year consisting of the areas of Jaffna, Mannar and Mulaitvu Districts in conjunction with World Coconut Day on September 2, Minister of Plantation Industries and Minister of Industries Dr. Ramesh Pathirana stated. He expressed these views today (02) during a press conference themed […]
Legal tender in Sri Lanka for domestic payments will remain as LKR not INR, clarifies CBSL
The legal tender in Sri Lanka for domestic payments and settlements will remain as Sri Lanka Rupees (LKR) and the authorization of INR as a designated currency does not make INR a legal tender in Sri Lanka for domestic payments/settlements, the Central Bank clarified. Issuing a clarification to erroneous reports, the Central Bank further said […]
SL Purchasing Managers’ Index (PMI) – Construction Industry
The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a sub-optimal level amidst the limited availability of construction projects. However, several respondents mentioned that the steady decline in material prices has induced to commence small-scale construction work. The lack of new […]
