Category: Industry
High-level Israel delegation and EDB discuss avenues to promote bilateral trade
An official delegation from Israel met the senior EDB officials on 29th June and had a fruitful discussion to explore avenues to promote trade and economic cooperation between Israel and Sri Lanka. The delegation from Israel was represented by Ophir Kariv, Head of Bureau, Economic Affairs Division of the Ministry of Foreign Affairs of Israel […]
Visa and SAP join forces to make enterprise payments more efficient
Visa today announced it has entered into a collaboration with SAP to streamline and simplify business-to-business (B2B) payments for enterprises, from businesses small to big, to government agencies and non-profit organisations. The collaboration, led out of Asia Pacific, marks the first time Visa, the world’s leading company in digital payments, and SAP, one of the […]
Sri Lanka High Commission in London promotes ‘Island of Ingenuity’ – IT/BPM sector
The High Commission of Sri Lanka in London in collaboration with Sri Lanka – UK Chamber of Commerce (SL-UKCC) and Infomate (Pvt) Ltd, the BPM arm of John Keells Group, organised a promotional event titled ‘Island of Ingenuity’ to promote Sri Lanka as a unique destination for Business Process Management (BPM). The event was held […]
Banks welcome CBSL Governor’s assurances on anticipated Govt. announcement on DDR or DDO
The Sri Lanka Banks’ Association (SLBA) has welcomed the assurance by the Governor of the Central Bank of Sri Lanka (CBSL) Dr Nandalal Weerasinghe that financial sector stability will be maintained, and the clarifications provided by the Governor on the relevant process in this regard. In a statement, the SLBA noted that the Dr Weerasinghe’s […]
Harsha calls for legislative amendment to protect holders of domestic debt in a possible restructure
Opposition Parties Stand United for Careful Domestic Debt Restructuring In a press conference held at the Leader of the Opposition’s office, MP Harsha de Silva, expressed his thoughts and suggestions regarding the upcoming domestic debt-restructuring plan in Sri Lanka. He divulged that opposition parties, while cautious about the potential consequences, would discuss the need for […]
Ceylon Chamber calls for political and public support for debt restructuring process
The Ceylon Chamber of Commerce stresses the importance of patience and trust in the domestic debt restructuring process. As emphasized by the Central Bank of Sri Lanka, priority focus will be on maintaining financial system stability and ensuring that depositors will not be adversely impacted. It is vital that we collectively allow for comprehensive and […]
CEB launches e-Billing System replacing traditional printed paper bills
The Ceylon Electricity Board (CEB) announces the upcoming launch of the next phase of their e-Billing system, effective from the 01st of July, 2023. During this phase, customers residing in the Dehiwala, Kelaniya, and Sri Jayewardenepura areas will exclusively receive their electricity bills in a digital format, either through SMS or email. This marks the […]
RIUNIT launches second Bangladesh country report 2023
Research Intelligence Unit (RIUNIT) released its second Bangladesh Country Report 2023 containing key trends and developments in the economy and major sectors such as the residential, commercial and retail real-estate markets as well as the hotel and bare land markets pertaining to the capital of Dhaka. The new report also outlines the behaviour of macroeconomic indicators […]
Sri Lankan companies participate in largest trade show in South Africa
Two major Sri Lankan export companies participated in the South African International Trade Exhibition (SAITEX) 2023, an annual multi-sector trade-show, held at the Gallagher Convention Centre in Johannesburg, South Africa from 18– 20June 2023. This year, more than 120 exhibitors from 37 countries participated at SAITX attended by more than 3500 attendees representing importers, wholesalers, retailers, product […]
CFA Society Sri Lanka Capital Market Awards 2023 celebrates excellence in capital markets industry
The 10th annual CFA Society Sri Lanka Capital Market Awards, organised by the CFA Society Sri Lanka, was held on Wednesday, 21 June 2023, at Cinnamon Grand, Colombo, with the objective of recognising and rewarding excellence in the local capital markets. This year’s event focused on the theme ‘Invest Smart, Build Resilience, Thrive in Sri […]
Center for Lean Excellence assures total lean transformation with 20-pct increase in profits
Center for Lean Excellence (CLE), one of the leading training and consulting providers for process innovations, is offering the Profit & Culture Unlock Program (PCUP), an organization-wide collaborative approach in unlocking a significant bottom-line dollar saving while developing a sustainable continuous improvement lean culture. The main highlight of the PCUP facilitated by CLE is its […]
HEINEKEN Lanka launches its first screen-printed & returnable glass bottle in Asia Pacific
PGP Glass Ceylon PLC, the sole manufacturer of glass bottles for Food and Beverages in Sri Lanka and HEINEKEN Lanka Limited, a wholly owned subsidiary of HEINEKEN N.V., proudly announced a milestone for Sri Lanka’s innovation and sustainability agenda with the launch of the 625ml reusable bottle incorporating screen printing technology. Launched in the presence […]