Sri Lanka imposes curfew under Section 16 of Public Security Ordinance

Curfew has been imposed on the entire country from 7.00 pm Monday (09) to 7.00 am Tuesday (10) in accordance with the provisions of section 16 of the Public Security Ordinance.Issuing a statement the President’s office said “No person is allowed to be on any public road, railway, public park, public recreation ground or other […]

Sri Lanka PM steps down triggering cabinet resignations following month long protests

Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura Wickramanayake had already tendered their resignation to the President, sources confirmed. Meanwhile, President Gotabaya Rajapaksa has strongly condemned the violent acts taking place in parts of the country right now by those ‘inciting […]

Ceylon Chamber calls for immediate action be taken against attacks on protesters

The Ceylon Chamber of Commerce is alarmed by the violent attacks on protestors outside Temple Trees and at Galle Face and calls upon the Government and the armed forces to take immediate action to prevent peaceful demonstrators being attacked. An impartial investigation should be carried out to identify those responsible and hold them accountable. Failure […]

Uncovering the human element in ESG at Kelani Valley Plantations;Report

The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. That is why organisations that can understand the human element in driving change tend to set the pace in their respective industries. As a true pioneer among Sri Lanka’s Regional Plantation Companies […]

New payment terms related to importation of goods gazetted

Regulations have been promulgated under the Imports and Exports Control Act, No. 01 of 1969 and published in the Gazette No. 2278/21 dated 6th May 2022 to regulate selected payment terms related to importation of goods with a view to curb opportunities for under-invoicing at the time of Customs clearance of imported goods.  As per […]

Year on year food prices increase close to 50-pct: Advocata

Advocata’s  Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of food, recorded an increase of 14% from March 2022 to April 2022.  This is a year on year increase of 49% for this basket of food. This is driven primarily by prices of dhal and samba rice being the […]

Investment opportunities of Port City Colombo presented in London

Sri Lanka High Commission in London in partnership with the CHEC Port City Colombo (Pvt) Ltd and Commonwealth Enterprise and Investment Council organised a presentation on investment opportunities in education and finance sectors in the Port City Colombo project to UK investors on 26 April 2022 at the High Commission premises. Delivering the welcome address, […]

“Export outlook dims amidst economic challenges” latest CCC-USAID export barometer survey says

Findings from the latest bi-annual Export Barometer Survey indicate that exporters are losing confidence in the industry’s outlook, as firms face mounting challenges posed by increasing local and global economic risks. This survey was conducted by the Ceylon Chamber of Commerce (CCC) and the United States Agency for International Development (USAID)’s Partnership for Accelerating Results […]

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