All Blogs
E-commerce: An islandwide phenomenon and youth-oriented futuristic industry of SL – Report
Daraz Sri Lanka and Sri Lanka Association for Software Services Companies (SLASSCOM) released the first in-depth study on the adoption and use of e-commerce in Sri Lanka during difficult economic times at a roundtable discussion held in Colombo on Monday 30th January 2023. The report titled “E-commerce: A Driver of Inclusive Growth in Sri Lanka?” […]
US Government expresses support for Sri Lanka’s on-going recovery efforts
U.S. Under-Secretary for Political Affairs, Victoria Nuland, who is currently on an official visit to Sri Lanka, expressed her Government’s support for the on-going recovery efforts in the country. This was revealed during a meeting with President Ranil Wickremesinghe at the Presidential Secretariat this morning (1). During the discussions President Wickremesinghe extended his appreciation for […]
USAID & CCC launch comprehensive study to assess digital maturity of small & medium sized exporters
The Ceylon Chamber of Commerce (CCC) with support from the U.S. Government’s development arm, the U. S. Agency for International Development (USAID), launched a study to assess the current digital maturity level of Sri Lankan small- and medium-sized enterprise (SMEs) exporters. On January 26, CCC shared insights and recommendations to strengthen the digital ecosystem and […]
Merchandize exports reached USD 13Bn in 2022
Merchandise exports have increased by 4.6% to US$ 13,070.6 Million in 2022 compared to the corresponding period of 2021, Sri Lanka Customs data showed. Earnings from the merchandise exports, however, decreased by 9.7% y-o-y to US$ 1,044 Mn in December 2022, as per the data released by Sri Lanka Customs. This was mainly due to […]
DFCC partners with CDB to promote convenient access to inward remittances
DFCC Bank PLC, one of Sri Lanka’s most trusted banks and a leader in inward remittances, has partnered with Citizens Development Business Finance PLC (CDB) one of the top four largest non-banking financial institutions (NBFIs) in Sri Lanka, to promote convenient access to inward remittances. CDB is the 10th financial institution to become a partner […]
CA Sri Lanka to create history in the Middle East with inaugural conference for Accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which stakes claim for organising the biggest annual business summit in Sri Lanka, is set to create history in the Middle East as it plans to host its very first conference in the region targeting Accounting Professionals including Chartered Accountants. The power packed […]
Aitken Spence Travels welcomes first charter flight from Uzbekistan for year 2023
Aitken Spence Travels the premiere destination management company in Sri Lanka, welcomed the first charter flight for the year from Uzbekistan on Friday 27th January 2023 to the Mattala Rajapaksa International Airport (MRIA) with more than 200 holiday makers. Uzbekistan Airways will operate weekly flights commencing from the 27th of January and will continue till end of […]
CDS signs up with Lanka IOC to act as Registrar
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023. Lanka IOC PLC, with a corporate history spanning 20 years, is the only private sector auto fuel […]
Hatch partners with HDFC Bank to provide exclusive credit facility for community of startups
In a one of a kind collaboration; Hatch, the award winning co-working space, start-up incubator and accelerator is partnering with HDFC Bank as their official banker, to give its community of startups access to an exclusive loan facility, the benefits of which will support these startups in strategically growing their business in the face of […]
British independent schools show keen interest for international school at Port-City Colombo
Senior delegations from three leading British independent schools visited Colombo for discussions with the Colombo Port City Economic Commission and senior management of Port City Colombo earlier this month, pertaining to the development of an International School at the Port City Colombo. These schools are backed by a rich heritage going as far back as […]