Author: lbostgadmin
Secretary of State reiterates United States’ support for people of Sri Lanka
US Secretary of State Antony J. Blinken met with Sri Lankan Foreign Minister Ali Sabry today in Phnom Penh on the sidelines of the ASEAN Regional Forum. Secretary Blinken congratulated Minister Sabry on his recent appointment. He reiterated the United States’ support for the people of Sri Lanka, highlighting over $179 million in U.S assistance […]
Colombo Port City Economic Commission 2nd Biannual Progress Report
This report covers the activities of the Colombo Port City project from January to June 2022, shared by the Colombo Port City Economic Commission (CPCEC/Commission). Development Control Regulations (DCR) for the entire project were gazetted in April 2022 and an awareness program on them was conducted by the Commission for Government officials in June 2022. […]
Global Food Price Inflation Likely to Fall Sharply in 2023: Fitch Ratings
World grain prices have fallen sharply in recent weeks, raising the prospect of a sharp drop in annual CPI food inflation next year, says Fitch Ratings in its latest Economics Dashboard. Grain prices surged at the start of the Ukraine war on supply concerns but there is renewed optimism that other countries will step up […]
Dutch Lanka Trailers exported new trailers to Australia from HIP
Locally manufactured trailers were exported to Australia from Hambantota International Port (HIP) on the RORO vessel ‘Atlas Leader’ which called at the southern port last week. The manufacturer, Dutch Lanka Trailers, has moved towards using this form of shipping of their trailers which is proving to be more cost effective than containerisation. This is the […]
Rootcode wins Startup of the Year and People’s Choice Award at SAARC Startup Awards 2022
Rootcode, one of Sri Lanka’s leading tech companies, recently took home the “People’s Choice Award” in addition to being bestowed with the “Startup of the Year” title at the SAARC Startup Awards 2022. This regional recognition marks a significant milestone for the Sri Lankan tech space and workforce. Rootcode’s mission to build great tech is […]
Ceylon Chamber Cheers President’s Call to Form All-Party Government
The Ceylon Chamber of Commerce welcomes the call by President Ranil Wickremesinghe to initiate the formation of an All-Party Government, as a concerted and united effort is necessary to address the current challenges facing the country. Full Statement At this extremely crucial juncture for Sri Lanka, all political parties must join hands and put Sri […]
I am not like other politicians, says President presenting Govt. Policy Statement (Full Speech)
The ceremonial opening of the third session of the Ninth Parliament was held today (03) under the patronage of President Ranil Wickremesinghe. Following the ceremonial opening of the new session, President Wickremesinghe presented the government’s policy statement in Parliament in accordance with the powers vested in him by Article 33 of the Constitution. Following the […]
Despite challenges, SL’s positioning remains unmatched in high-end apparel manufacture
Director of Stretchline Holdings Norman Collier Globally successful manufacturing destinations for high-end apparel have three defining characteristics. Firstly, they have robust secondary supply chains – which are critical to ensuring the timely availability of all required inputs. The importance of this becomes apparent once you consider that to manufacture an item like a bra, producers […]
DIMO together with Kalmar uplifts Sri Lanka’s port and inland container terminal operations
DIMO, a leading diversified conglomerate in Sri Lanka, and Kalmar, a global industry forerunner in port and inland container terminal automation and in energy-efficient container handling solutions, are geared to enhance and uplift local container terminal operations to the next level. This partnership reflects DIMO’s commitment to continuously fuelling the dreams and aspirations of the […]
CA Sri Lanka’s 43rd national conference to influence chartered accountants to push for transformation
Amidst an unprecedented economic crisis engulfing the country, which has impacted businesses and citizens alike, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) in its standing as the National Body of Accountants will take the lead to influence Chartered Accountants to push for transformation to help the country successfully navigate through its […]
IPS Proposals for the Interim Budget
Ahead of the presentation of the Interim Budget, the Institute of Policy Studies of Sri Lanka (IPS) has recommended policy proposals for inclusion in the forthcoming Budget. Some key policy issues and recommendations follow. Trade Policy Despite strict import controls, Sri Lanka’s trade deficit in merchandise goods widened in 2021. The slight increase was mainly […]
Port City Colombo to represent Sri Lanka at World Cities Summit 2022
CHEC Port City Colombo is representing Sri Lanka at the World Cities Summit 2022 to be held at the Marina Bay Sands, Singapore from the 31st of July to the 3rd of August 2022. This biennial global event unites city leaders and associates from across 90 countries under this year’s theme, “Liveable and Sustainable Cities: […]