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Thai National Security Council Secretary-General reaffirms commitment to rescuing victims in Myanmar
Ambassador and Permanent Representative of Sri Lanka, E.A.S. Wijayanthi Edirisinghe called on Secretary-General of the National Security Council (NSC) of Thailand, Chatchai Bangchuad on 10 January 2025. The meeting focused on fostering greater collaboration in the area of security and addressing shared challenges affecting both countries and the region. During the meeting both sides underscored […]
Sri Lanka and Thailand strengthen defence cooperation
Ambassador and Permanent Representative of Sri Lanka in Thailand, Wijayanthi Edirisinghe met with Vice Minister for the Office of the Prime Minister of Thailand, General Nipat Thonglek to discuss strengthening defence cooperation between Sri Lanka and Thailand with a particular focus on human trafficking issues. The meeting, held in Bangkok on 09 January 2024, was […]
Port City Colombo Celebrates Groundbreaking Of Luxury Marina Development
Port City Colombo celebrated the groundbreaking of the Marina Development at Port City Colombo with a special ceremony held on 10th January 2025. The occasion was graced by Chief Guest, Hon. Vijitha Herath, Minister of Foreign Affairs, Foreign Employment & Tourism. Also present at the event were H.E. Qi Zhenhong, Ambassador, Embassy of the People’s […]
President Anura Kumara Disanayaka to undertake a State Visit to China
President Anura Kumara Disanayaka will undertake a State Visit to the People’s Republic of China from 14-17 January 2025 at the invitation of President Xi Jinping. During the visit, President Disanayaka will hold bilateral discussions with President Xi Jinping on a range of areas of mutual interest and will also meet Chinese Premier Li Qiang […]
CFA Qualification: A Career-Changing Journey – Insights from Chanakya Dissanayake
CFA Society Sri Lanka recently hosted an inspiring fireside chat and networking event titled “The CFA Program Advantage: Pathways to Career Excellence.” The event highlighted the transformative power of the CFA qualification in advancing careers in the finance industry. Chanakya Dissanayake, CFA, Managing Director and Head of Delivery Strategic Initiatives at Acuity Knowledge Partners, delivered […]
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Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘CCC+’ from ‘CCC-‘. The ratings do not have an Outlook because of the high volatility at this rating level, in line with Fitch’s rating definitions. Fitch has also upgraded BOC’s Viability Rating (VR) to ‘ccc+’ from ‘ccc-‘, affirmed […]
Hambantota International Port Hits 22-pct Growth in 2024, Bolsters Infrastructure for Future Expansion
Hambantota International Port (HIP) achieved an impressive growth rate of 22% in 2024, matching its performance from the previous year. With its sights set on even higher numbers in 2025, the port is implementing upgrades to its infrastructure, including the introduction of gantry and yard cranes in the container yard. These enhancements are part of […]
Sri Lanka Reports Full-Year Tourist Surge of 38-pct in 2024, December Arrivals up by 18-pct
Foreign tourist arrivals in Sri Lanka increased by 18.18% year-on-year to 248,592 in December 2024, following a 21.6% rise in the previous month, according to data from the Sri Lanka Tourism Development Authority. Among key markets, India (21.3%) remained the top tourist source market, followed by Russia (14.2%), the UK (7.5%), Germany (5.9%), Australia (5.3%), […]
Sri Lanka’s Economy, Hare or Tortoise?
By Jekhan Aruliah I was listening to a very eloquent speaker on YouTube. He commented, as our public speakers often do, that we in Sri Lanka are a blessed nation. Blessed with abundant natural assets, our forests and beaches etc, and copious human talents. And yet this blessed nation is chronically poor and in 2022 […]