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Galle Literary Festival reveals main programme as passes go on sale
The Galle Literary Festival has unveiled its eagerly awaited literary programme for 2025. With over 100 talks, workshops, and events scheduled from 6 to 9 February, the lineup showcases the festival’s strengthened dedication to diversity and meaningful dialogue. Dominating themes featured in the programme this year centre around home & identity, legacy and global cultural […]
NOLIMIT partners with Warner Bros. discovery consumer products
NOLIMIT is proud to announce its official partnership with Warner Bros. Discovery Global Consumer Products (WBDGCP), bringing exclusive, licensed merchandise featuring iconic cinematic characters to Sri Lanka. This exciting launch event took place at the NOLIMIT Image store in Colombo 06, where fans can now purchase branded clothing adorned with some of the world’s best […]
Strengthening sustainability: JAAF and Solidaridad chart path for EU market alignment
The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Introduced in 2023, the CSDDD requires companies in EU-bound supply chains to meet stringent environmental and human rights standards. While Sri Lankan suppliers are not […]
A sip of History: The enduring legacy of Dambatenne estate
Nestled in the misty hills of Sri Lanka’s Uva Province is a living piece of Pure Ceylon Tea history in the form of Dambatenne Estate. Sprawling across the verdant slopes of Haputale, this iconic estate holds the legacy of one of the most famous names in tea—Sir Thomas Lipton. Dambatenne estate is a place where […]
‘s coconut industry
In a move to bolster Sri Lanka’s coconut industry, CBL Global Foods Limited (CBL GFL) a key player in Sri Lanka’s agribusiness sector and a subsidiary of the CBL Group—one of the leading food conglomerates in the country and the United States Agency for International Development (USAID) have launched a comprehensive handbook on best practices […]
Unlocking Data for Artificial Intelligence in Sri Lanka: LIRNEasia hosts exclusive forum in Colombo
LIRNEasia hosted a forum on December 7, 2024, titled “Unlocking Data for Artificial Intelligence in Sri Lanka” at the ITC Ratnadipa Hotel, Colombo. The event brought together AI experts, data scientists, policymakers, and industry leaders to explore practical ways to leverage data and artificial intelligence for informed decision-making and meaningful societal and organizational impact. The […]
JICA Provides Emergency Relief Items to Sri Lanka for Flood and Landslide Victims
Japan International Cooperation Agency (JICA) has reaffirmed its commitment to supporting Sri Lanka by providing emergency relief items to assist those affected by recent floods and landslides. This gesture underscores Japan’s long-standing partnership with Sri Lanka. In a symbolic handover ceremony held at Bandaranaike International Airport on December 7, 2024, His Excellency Isomata Akio, Ambassador […]
CEAT acquires CAMSO brand Off-Highway Tyres & Tracks business from Michelin in Sri Lanka
CEAT, an RPG company and Michelin, the global leader in tyres, announced today that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 Mn (SLR 65 Bn). The transaction will include the business […]
The UK-Sri Lanka Trade Mission Highlights Export Potential of Women-Led Businesses in Jaffna
The United Kingdom (UK)-Sri Lanka Trade Mission, co-organized by the International Trade Centre (ITC) and the Sri Lanka Export Development Board (EDB), successfully concluded its Jaffna program on 4th December 2024. This initiative highlighted the export potential of women-led businesses in Sri Lanka, particularly in the Northern region. The programme, part of the UK Government-funded […]
””’; Removes RWN on VR
Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CC’. At the same time, the Rating Watch Negative (RWN) on the Viability Rating (VR) has been removed and the VR upgraded to ‘ccc-‘ from ‘cc’. Fitch has also affirmed the Short-Term IDR at ‘C’ and the […]