Category: Featured
EDB and CHEC Port City Colombo sign MoU to boost export businesses
In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the project, recently entered into a partnership with the Sri Lanka Export Development Board (SLEDB). A memorandum of understanding (MoU) was signed between the two parties to this effect at a special ceremony […]
UNDP and Colombo Stock Exchange sign MoU to leverage capital markets for sustainable financing
The United Nations Development Programme (UNDP) in Sri Lanka and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) to establish a partnership aimed at leveraging Sri Lanka’s capital markets for sustainable financing. This collaboration is intended to support and encourage private sector stewardship and embed sustainability as an important element of business […]
Virtusa concludes first-ever LinkedIn community event in Sri Lanka
Virtusa Corporation, a global provider of digital engineering and IT services, proudly hosted the first-ever LinkedIn (LI) community event in Sri Lanka, dubbed “Connect Colombo.” The landmark event took place at the Courtyard by Marriott, marking a significant milestone in the country’s professional networking landscape. Bringing together over 200 industry leaders and mid to senior-level […]
Japanese Foreign Minister Yoko Kamikawa to visit Sri Lanka
Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04-05 May 2024. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation will have official discussions […]
CTC appoints Fariyha Subhani as Managing Director
Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15 th April 2024. Subhani takes over the reins as Managing Director from Monisha Abraham, who was appointed to the position in December 2021. Prior to joining CTC, Fariyha served as Managing Director for Upfield (Private) Limited, South & Central Asia, […]
‘SriLankan Airlines and Air Seychelles embark on Codeshare Partnership’
SriLankan Airlines, the national carrier of Sri Lanka and Air Seychelles, the national airline of the Republic of Seychelles, have embarked on a codeshare partnership, ushering in seamless travel to multiple new destinations throughout Asia, Africa and Australia for their passengers flying between Colombo and Mahé. Connecting people and places across continents, the collaboration empowers […]
‘s National Digital Economy Strategy
Sri Lanka, a nation poised at the cusp of digital transformation, has taken a monumental step forward with the introduction of its National Digital Economy Strategy. Crafted through a collaborative effort between government bodies, academia, industry stakeholders, and supported by the World Bank, this strategic blueprint stands as a testament to Sri Lanka’s commitment to […]
President of Iran to arrive in Sri Lanka to open Uma Oya today
President of the Islamic Republic of Iran Dr. Ebrahim Raisi is scheduled to make an official bilateral visit to Sri Lanka at the invitation of President Ranil Wickremesinghe to jointly declare open the Uma Oya Multipurpose Development Project on 24 April 2024. The Uma Oya Multipurpose Development Project, funded by Sri Lanka and Iran, is […]
Australia and Sri Lanka further strengthen ties with launch of new joint maritime security operation
Australia and Sri Lanka’s commitment to countering maritime security threats has been on display with the launch of a new joint maritime security operation in Colombo today. Aptly named Disi Rela, which means ‘keeping a watchful eye over the maritime environment,’ the new joint activity will see the Australian Border Force (ABF) and Department of […]
The Colombo Port City Economic Commission approves 42 companies as AP’s
Port City Colombo, a multi-service Special Economic Zone (SEZ) and a regional financial centre and business hub, has made significant progress in capturing key investments, as the project gears up for a tenacious drive to attract prospective land development and business set-up investors from the South Asian, APAC, and Middle Eastern regions before the end […]
Sri Lanka Agripreneurs Forum partners with USAID to conduct Agcelerator Bootcamp
In an effort to support young entrepreneurs in agriculture, the Sri Lanka Agripreneurs’ Forum (SLAF), a prominent agricultural business association in Sri Lanka, is collaborating with the United States Agency for International Development (USAID) to organize the Agcelerator Bootcamp. The Agcelerator Bootcamp, hosted by SLAF and supported by USAID Catalyze Sri Lanka Private Sector Development […]
’24
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 62.5 in March 2024, indicating an expansion in manufacturing activities. This marks the highest PMI-Manufacturing that was recorded in three years. All the sub-indices expanded on a month-on-month basis contributing to this increase, mainly driven by the seasonal demand. The […]