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‘s First State Visit to China
During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date, the President’s Media Division said. This achievement was formalized this morning (16) with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international […]
Joint Statement: Sri Lanka reaffirms commitment to one-China principle; opposes “Taiwan independence”
The People’s Republic of China and the Democratic Socialist Republic of Sri Lanka have issued a joint statement reaffirming their mutual support on core issues and major concerns. The statement underscores the strengthening of bilateral relations and highlights several key points of agreement. Joint Statement between the People’s Republic of China andThe Democratic Socialist Republic […]
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 […]