Godrej consumer products consolidates international media operations under WPP media

Godrej Consumer Products Ltd. (GCPL), a leading emerging markets FMCG company, has appointed WPP Media as its global media agency partner for its international business spanning Sri Lanka, Bangladesh, Nigeria, South Africa, Indonesia, Argentina and Chile. EssenceMediacom, part of WPP Media, has already been managing GCPL’s media mandate in India since 2025. The appointment follows […]

Renegotiating Plantation Company Leases Mid-Tenure Could Impact FDI: Advocata Institute

Plans to prematurely renegotiate the lease agreements of Regional Plantation Companies (RPCs) set a dangerous precedent against security of tenure and risk discouraging foreign direct investment (FDI) into state-owned lands, the Advocata Institute warned. This follows a statement made by President Anura Kumara Dissanayake, who announced that the government is reviewing existing RPC lease agreements, […]

Cabinet Approves Bilateral MoU Between Sri Lanka and China on Immigration Control Cooperation

The Cabinet of Ministers has granted approval to enter into a bilateral Memorandum of Understanding (MoU) on immigration control cooperation between the Department of Immigration and Emigration of Sri Lanka and the National Immigration Administration of the People’s Republic of China, subject to confirmation at the next cabinet meeting. The proposed agreement aims to establish […]

Sri Lanka Placed on Elevated Concern as Climate Shocks & Energy-Driven Cost Pressures Converge Ahead of Maha Season: FAO Report

Sri Lanka has been categorized under “Elevated Concern” (Tier 2) in a joint Asia-Pacific risk assessment published by UN agencies and global climate monitors. The classification comes as the island nation faces a dangerous convergence of intensifying climate anomalies and lingering global price shocks across fuel, fertilizer, and food systems (3FS). With the critical Second […]

United States and Sri Lanka Build Disaster Response Readiness Through Atlas Angel II

The United States and Sri Lanka will conduct exercise Atlas Angel II from August 31 to September 4, bringing together U.S. and Sri Lankan military personnel and subject-matter experts to exchange expertise and train together in areas critical to disaster response, including C-130 aircraft maintenance, urban search and rescue, incident command systems, construction engineering, landslide response, and chemical, biological, […]

Sri Lanka Extends US$ 1 Million Humanitarian Assistance to Nepal

In a demonstration of Sri Lanka’s solidarity with the people of Nepal following the devastating floods and landslides that have caused loss of life, displacement and widespread destruction, President Anura Kumara Disanayaka has directed the Government to provide a financial contribution of US$ 1 million to Nepal to support its ongoing humanitarian and relief efforts. […]

Historic Milestone in Sri Lankan Pineapple Exports to Pakistan

Marking a historic milestone in Sri Lanka’s fresh fruit exports, the first-ever 20-foot container of fresh Sri Lankan pineapples (Ananas comosus) was successfully shipped to the Pakistani market on August 21. The consignment was exported by C R Exports (Pvt) Ltd, one of Sri Lanka’s leading exporters of fresh fruits and vegetables, marking a significant […]

Cabinet Approves US$ 100 Mn World Bank Facility for Northern and Eastern Development

The Cabinet of Ministers has approved a proposal submitted by the President, in his capacity as the Minister of Finance, Planning and Economic Development, to enter into financial agreements with the World Bank Group’s International Development Association to obtain a US$ 100 million loan facility. This allocation forms part of a broader US$ 1,000 million […]

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