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RIUNIT launches second Bangladesh country report 2023
Research Intelligence Unit (RIUNIT) released its second Bangladesh Country Report 2023 containing key trends and developments in the economy and major sectors such as the residential, commercial and retail real-estate markets as well as the hotel and bare land markets pertaining to the capital of Dhaka. The new report also outlines the behaviour of macroeconomic indicators […]
Sri Lanka to introduce reforms on insolvency laws
The Cabinet has approved a joint proposal presented by the President and the Minister of Justice, Prison Affairs, and Constitutional Reform to authorize the Law Commission to prepare a preliminary draft of the insolvency laws within a period of three (03) months after consultation with the relevant parties. Reforms in the insolvency laws for unincorporated […]
Sri Lankan companies participate in largest trade show in South Africa
Two major Sri Lankan export companies participated in the South African International Trade Exhibition (SAITEX) 2023, an annual multi-sector trade-show, held at the Gallagher Convention Centre in Johannesburg, South Africa from 18– 20June 2023. This year, more than 120 exhibitors from 37 countries participated at SAITX attended by more than 3500 attendees representing importers, wholesalers, retailers, product […]
Foreign Minister Ali Sabry to participate at World Economic Forum in China
Foreign Minister Ali Sabry will lead a delegation to participate at the World Economic Forum to be held in Tianjin, China from 27 to 29 June 2023. The Forum themed ‘Entrepreneurship: The Driving Force of the Global Economy’, will provide a platform for dialogue among political and business leaders from over 90 countries across the […]
CA Sri Lanka launches new code of conduct and ethics for mid-level accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently introduced a new code of conduct and ethics for mid-level professional accountants in yet another ground-breaking initiative to promote the highest standards of integrity and ethics within the accounting profession. The code which is applicable to both Certified Business Accountants (CBA) and Certified […]
President Calls for Urgent Debt Restructuring to Support Middle-Income Nations
President Ranil Wickremesinghe participating in a high-level panel discussion at the Global Leaders’ Summit for a New Global Financing Pact, in Paris yesterday (22), discussed the country’s experience with debt restructuring and the need for a comprehensive approach to address the challenges faced by middle-income nations. He said Sri Lanka faced limited access to financing […]
CFA Society Sri Lanka Capital Market Awards 2023 celebrates excellence in capital markets industry
The 10th annual CFA Society Sri Lanka Capital Market Awards, organised by the CFA Society Sri Lanka, was held on Wednesday, 21 June 2023, at Cinnamon Grand, Colombo, with the objective of recognising and rewarding excellence in the local capital markets. This year’s event focused on the theme ‘Invest Smart, Build Resilience, Thrive in Sri […]
247th anniversary of America’s Declaration of Independence celebrated in Sri Lanka
United StatesAmbassador to Sri Lanka Julie Chung hosted an event in Colombo on June 22 to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign Affairs Ali […]
Center for Lean Excellence assures total lean transformation with 20-pct increase in profits
Center for Lean Excellence (CLE), one of the leading training and consulting providers for process innovations, is offering the Profit & Culture Unlock Program (PCUP), an organization-wide collaborative approach in unlocking a significant bottom-line dollar saving while developing a sustainable continuous improvement lean culture. The main highlight of the PCUP facilitated by CLE is its […]
HEINEKEN Lanka launches its first screen-printed & returnable glass bottle in Asia Pacific
PGP Glass Ceylon PLC, the sole manufacturer of glass bottles for Food and Beverages in Sri Lanka and HEINEKEN Lanka Limited, a wholly owned subsidiary of HEINEKEN N.V., proudly announced a milestone for Sri Lanka’s innovation and sustainability agenda with the launch of the 625ml reusable bottle incorporating screen printing technology. Launched in the presence […]