Online platform launched for Sri Lankan exporters seeking access to Chinese market

The Sri Lanka Embassy in Beijing assisted the Hairong Technology Co. Ltd organised the introduction of the “Sri Lanka Platform” along with an investment promotion seminar (SEIC 2021) at the Embassy on 11 July 2021. The main objective of the event was to provide an online platform for Sri Lanka exporters seeking to access the […]

Fitch Affirms Bank of Ceylon at CCC and AA (lka)/Stable

Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘CCC’. The ratings do not carry an Outlook because of the potentially high volatility at this rating level, in line with Fitch’s rating definitions. BOC’s National Long-Term Rating has also been affirmed at ‘AA -(lka)’. The Outlook is […]

Sri Lanka receives over 1.5 million doses of COVID-19 vaccines from COVAX

A chartered plane arrived in Sri Lanka with more than 1.5 million doses of the Moderna COVID-19 vaccine from the COVAX Facility. Donated by the United States, the 1,500,100 doses of the vaccine come to Sri Lanka under the dose-sharing mechanism of COVAX facility promote equitable access to COVID-19 vaccines across the globe. “The Government […]

Sri Lanka now open to fully vaccinated travellers with quarantine-free entry

As Sri Lanka paves the way to restart tourism, fully vaccinated international travellers who have received the second dose of the vaccine 14 days prior to arrival will now be allowed to enter the country without undergoing quarantine. While several restrictions remain for unvaccinated or partially vaccinated visitors, those who have been ‘double-jabbed’ will have […]

Visa appoints Avanthi Colombage as Country Manager for Sri Lanka & Maldives

Visa Inc. (NYSE: V), the world’s leader in digital payments, announced the appointment of Avanthi Colombage as Country Manager – Sri Lanka and Maldives for Visa. Avanthi will head the operations of the company in the two markets from Colombo and be a part of Visa’s leadership team in the region. She replaces Anthony Watson, […]

Sri Lanka and Australia to strengthen practical cooperation

Foreign Minister Dinesh Gunawardena during a meeting with the Australian High Commissioner David Holly on 13 July 2021 discussed avenues for consolidating relations between the two countries in multiple spheres to achieve tangible outcomes. Following up from the successful telephone conversation held with the Australian Foreign Minister Marise Payne in June this year, the two […]

Teejay first Sri Lankan company to become US Cotton Trust Protocol Member

The U.S. Cotton Trust Protocol welcomes Sri Lankan textile manufacturer Teejay Lanka and its wholly-owned subsidiary Teejay India as new members. Teejay is the first textile manufacturer in Sri Lanka to join the Trust Protocol and membership will allow the company to prove the cotton fiber element in its sourcing mix is more sustainably grown […]

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