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LKNOG Conference 2024 Set to Advance Sri Lanka’s Network Infrastructure Expertise
In today’s digital world, computer networks are the backbone of our interconnected society. The LKNOG (the Lanka Network Operators Group) Conference serves as a premier platform for collaborative innovation amongst key stakeholders towards advancing this critical infrastructure. It is scheduled to take place from August 12th to 16th at Galle Face Hotel and Hotel Renuka, […]
CA Sri Lanka Annual Economic & Tax Symposium Explores Ways to Use Tax Policy as Catalyst for Growth
In the backdrop of Sri Lanka making its way back from its most devastating economic crisis, the Institute of Chartered Accountants of Sri Lanka held its 3rd Annual Economic and Tax Symposium recently, under the theme ‘Shaping Fiscal Foundations: Tax Policy as a Catalyst for Sustainable Economic Growth’. Attended by a cross section of representatives […]
Sri Lankan Pharmaceutical sector eyes Vietnamese market
The Embassy of Sri Lanka in Hanoi, in collaboration with the Sri Lanka Export Development Board (EDB) organized a webinar on “Sri Lankan Pharmaceutical Industry” for Vietnamese pharmaceutical companies just prior to the Medipharm Expo 2024 in Ho Chi Minh (HCM) city. This was organized in order to raise awareness as well as to highlight the potential […]
Opinion: The impact of RPCs on Sri Lanka’s economy and environment
Senaka Alawattegama, Chairman, Planters’ Association of Ceylon Despite challenges like COVID-19 and economic crises, Sri Lanka’s plantation industry remains a key economic pillar. Privatization in 1992 increased operational efficiency and reduced the government’s financial burden. RPCs have diversified crops, invested in environmental conservation, and improved worker welfare. The plantation industry has long […]
CEAT car radials chosen as Original Equipment for Hyundai Grand i10 assembled by Abans Auto
CEAT has been chosen as the original equipment tyre for the 2024 Hyundai Grand i10 assembled, sold and serviced in Sri Lanka by Abans Auto, clinching another OEM partnership for the country’s highest-selling tyre brand. The partnership, which brings together two significant players in domestic value addition and a leading global automobile brand, paves the […]
Ceylon Chamber Launches BCCS Awards 2024
The Ceylon Chamber of Commerce launched the Best Corporate Citizen Sustainability (BCCS) Awards 2024 at a seminar to brief prospective applicants on the Award process for the year 2024. Held this year for the twenty-first consecutive year, the BCCS Awards, which champion corporate sustainability in an increasingly environmentally vulnerable world, are one of the most […]
ADB approves USD100Mn policy-based loan support for power sector reforms in Sri Lanka
The Asian Development Bank (ADB) and the Government of Sri Lanka signed a loan agreement for US$100 million on Monday (5 August 2024) for subprogram 1 of a policy-based loan (PBL) to support and facilitate reforms aimed at enhancing the financial sustainability of the power sector in Sri Lanka. This loan is part of a broader […]
” Policy Document to Encourage Bipartisan Approach Towards Development
The Ceylon Chamber of Commerce launched its landmark policy document, ‘Vision 2030,’ designed to steer Sri Lanka towards sustainable and inclusive development by 2030. The inaugural copy of this comprehensive economic plan was presented to President Ranil Wickremesinghe. The document will also be distributed to political party leaders, the Central Bank Governor, and the Treasury […]
VIDEO: What turned the country against Sheikh Hasina?
Demonstrators in Bangladesh’s capital Dhaka have stormed Sheikh Hasini’s official residence. The ousted prime minister had earlier resigned and fled to neighboring India. Bangladesh’s army said it would form an interim government.
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Fitch Ratings has assigned Hatton National Bank PLC’s (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR12 billion a final National Long-Term Rating of ‘BBB+(lka)’. The final rating is the same as the expected rating assigned on 4 April 2024 and follows the receipt of documents conforming to information already […]