Category: Other
How is an economic crisis affecting people?
People across Sri Lanka are struggling to get hold of daily essentials as the country faces its worst economic crisis in decades. Sri Lanka is mired in public debt after revenue from tourism evaporated in the wake of the coronavirus pandemic. With the country’s foreign currency reserves dwindling and foreign debt payments around the corner, […]
Ready to join interim government on condition of rebuilding economy: SJB tells government
Samagi Jana Balawege MP Eran Wickremaratne stated in Parliament today that if the Prime Minister agrees to the proposal to abolish the executive Presidency, as intimated in Parliament, the main opposition is ready to join an interim government at the invitation of the government and take up the responsibility of reviving the economy tomorrow. The […]
‘ Association
The Colombo Tea Traders’ Association established in 1894 is the apex private sector body comprising of all Stakeholders namely Growers, Manufacturers, Brokers and Buyers/Exporters. The Industry supports the livelihood of over 2 million people and is pivotal in sustaining the key areas in the rural economy. Sri Lanka exports over 90% of its annual production […]
President invites all political parties to accept ministerial portfolios
President Gotabaya Rajapaksa invited all political parties to come together to find solutions to the ongoing national crisis.The current crisis is a result of several economic factors and global developments. As one of the leading democratic countries in Asia, solutions should be found to this within a democratic framework.Considering this a national need, the time […]
Revenue from export of minor crops last year USD 450Mn: Plantation to report USD 600Mn
Plantation Minister Dr. Ramesh Pathirana says the country earned US 450 million dollars from the exportation of minor export crops including cinnamon, pepper and cardamom. He also said that the plantation sector is expected to earn around US $ 600 million this year. He was speaking at the opening of the Spice House and the […]
Visa launches exclusive offers platform for cardholders in Sri Lanka
Visa today announced that it has introduced a new platform showcasing exclusive Visa offers made available in Sri Lanka for its cardholders. As the festive season commences to celebrate the Sinhala & Tamil New Year, it usually means consumers look for better value for money and special offers on their cards; hence, this new platform […]
NDB’s Privilege Partners with Quintessentially to Provide Exclusive Concierge Services
CAPTION: Nadie Fernando – NDB Chief Manager Product Development, Gihan Punchihewa – NDB Head of Privilege and Privilege Select Banking, Zeyan Hameed – NDB Vice President Branch Network Management and Product Development, Romesh Savanghan – Quintessentially General Manager Sri Lanka & The Maldives, Dinuk Ratnayake, Head of Operations at Quintessentially and Avanti Bandara – NDB Senior Manager, Legal NDB […]
Indian External Affairs Minister calls on President
Indian External Affairs Minister Dr. S. Jaishankar who is on a three-day official visit to Sri Lanka called on President Gotabaya Rajapaksa Monday.Dr. Jaishankar is in Sri Lanka to attend the 5th BIMSTEC Summit which begins today in Colombo. Expressing pleasure over the visit of Dr. Jaishankar, the President thanked India for providing a Credit […]
A Sri Lankan Nomad shares his experience at the Geographic South Pole in Antarctica
I always had the idea in my head that I would visit the South Pole one day, but the actual planning happened sometime in August 2021. In a year there is only a very small window when you can visit the South Pole. That’s from mid-November to mid-January, it’s the summer for Antarctica with 24 […]
CL Synergy announces forthcoming IPO as next step in growth strategy
CL Synergy Limited has received official approval from the Colombo Stock Exchange (CSE) for its Initial Public Offering, which is set to open on the 7th of April 2022. The anticipated IPO by one of Sri Lanka’s fast-growing freight forwarding solutions providers will issue an offer for a subscription of 63 million new ordinary voting […]
With confidence and commitment vision of Green Agriculture can be accomplished, President
Farmers who used organic fertilizer correctly during the Maha season have achieved high yields. District Secretaries say that the Government’s green agriculture agenda can be succeeded by educating the farmers who did not turn to it and avoiding the shortcomings. This was stated at a discussion held at the Presidential Secretariat today (15) regarding the […]
President invites Saudi Arabia to invest in several sectors
President Gotabaya Rajapaksa informed Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud that he would like to invite Saudi Arabia to make direct investments in several sectors. The President made these remarks during a meeting held with the Foreign Affairs Minister of Saudi Arabia at the Presidential Secretariat this morning (14). The President pointed […]