Category:
MoU signed between ICTA & enpact e.V, Germany to collaborate between startup ecosystems
The Embassy of Sri Lanka in Germany initiated and facilitated the signing of a MOU between the Information and Communication Technology Agency (ICTA) of Sri Lanka and ENPACT e.V. in Berlin, Germany, which represents the Berlin Senate’s startup initiative “AsiaBerlin”, on 08 April 2021, with a view to fostering a strong bridge between Berlin, the […]
SriLankan Airlines welcomes Indian delegation to Sri Lanka
SriLankan Airlines in a bid to recommence Indian tourist arrivals to Sri Lanka under the proposed bio-bubble tourist arrival concept successfully completed a familiarization tour for Indian media and travel trade professionals recently. A delegation of tour operators, agents, and senior editors representing influential media institutions concluded a familiarization tour in Sri Lanka. The delegation […]
Sri Lanka vehicle registrations down in March 2021
Total vehicle registrations marginally reduced to 3,556 units in March down from 3,558 units in Feb but significantly down from 13,219 units 12 months ago. The comparative figure was 35,150 units 24 months ago. In the locally assembled category Under cars Zotye Z100 recorded 22 units in March down from 79 units in Feb and […]
Colombo Port City – Projecting SL as newest commercial landscape in Asia
Veemansa Initiative, an independent think tank recently held a Webinar on the proposed Colombo Port City Economic Commission Bill and related subjects. Based on the deliberations at the webinar and the follow-up analysis, it was evident that the Colombo Port City Project, a 100% foreign investment venture plans to attract a diverse group of secondary […]
Recovery of Apparel Sectors of Bangladesh & SL: Is a Value-Chain-Based Solution Possible?
The Centre for Policy Dialogue (CPD), Bangladesh and the Institute of Policy Studies of Sri Lanka (IPS), in partnership with Southern Voice, will host a webinar focused on solutions to the challenges that the COVID-19 pandemic has created in apparel supplying countries, in particular Bangladesh and Sri Lanka. Researchers from CPD and IPS will present […]
Sri Lanka Investment Forum to feature over 50 projects & corporate investment opportunities
Themed “Sri Lanka – Asia’s Next Growth Haven”, the Sri Lanka Investment Forum (SLIF) 2021 jointly organized by the Board of Investments (BOI), The Ceylon Chamber of Commerce and the Colombo Stock Exchange will kick off on the 7th of June 2021 on a virtual platform. SLIF 2021 will showcase to the world, Sri Lanka’s […]
Greater flexibility to Licensed Finance Companies to raise funds from foreign sources
The Monetary Board of the Central Bank has issued new directions on foreign currency borrowings by Licensed Finance Companies (LFCs) with a view to provide flexibility for LFCs to obtain low-cost funding from foreign sources to support their business expansions. The objectives of these directions are to stabilise any financial volatilities created by the foreign […]
VIDEO: US Supreme Court rules in favor of Google over Oracle in copyright case of the century
Experts break down the significance of Google’s win in a major case surrounding its copying of Oracle code in the development of its Android operating system.
Central Bank reduces exporter proceeds conversion rule to 10-pct
The Central Bank, having considered the requests made by exporters has amended Rule No. 2 of 2021 by reducing the percentage of mandatory conversion requirement of export proceeds of goods into Sri Lankan Rupees from twenty-five (25) percent to ten (10) percent. The Bank has also extended the number of days given to exporters to […]
Bar Association requests Government to defer further action on Port City Commission Bill
The Executive Committee of the Bar Association of Sri Lanka (BASL) requests the Government to defer further action on the Colombo Port City Economic Commission Bill until the views of all stakehołders including the public are sought and given due consideration. On 08 April 2021, just fifteen (15) calendar days after the publication of the […]
B2B meeting to boost Sri Lankan exports of fruits & vegetables to Oman
Sri Lanka Embassy in Oman jointly with the Sri Lanka Export Development Board, organised a virtual B2B meeting between Carrefour Oman and eight prominent Sri Lankan fruits and vegetables exporter companies, to boost Sri Lankan exports of varieties of fruits and vegetables to Carrefour Oman hypermarket chain which has more than 12 outlets in the […]
Palitha Kohona formally presents Credentials to Chinese President
Ambassador Dr. Palitha Kohona presented Letters of Credence to President of the People’s Republic of China Xi Jinping on 14 April 2021 at the Great Hall of the People in Beijing.He also formally handed over the letter of recall of the former Ambassador. By the presentation of the credentials, Dr. Kohona has been formally recognised […]