Korea eyes investment opportunities in Sri Lanka

In an effort to boost investment and trade between Sri Lanka and the Republic of Korea, the Korea Trade-Investment Promotion Agency (KOTRA) and the Export-Import Bank of Korea (Korea Eximbank) are exploring the possibility of increasing Korean companies’ investing in Sri Lanka whose economy has recorded more than a 6% of GDP growth rate annually […]

‘s leading trade show

The Sri Lanka Pavilion was a big draw at the world’s largest travel and trade show, ITB which opened in Berlin yesterday (9). This year’s ITB is of special significance to Sri Lanka as it is the 50th consecutive year the country is participating at this show. Incidentally ITB and Sri Lanka Tourism are both […]

‘s Day Celebration in Bangalore

A group of Sri Lankan students living in Bangalore represented their country at the International Women’s Day Celebration organized by the Federation of Karnataka Chambers of Commerce & Industry held on 8th March 2016 at a gala event in Bangalore. “Bangalore had always been my second home and I always wanted to take part in […]

John Keells Holdings powers CA Sri Lanka with lead sponsorship

Sri Lanka’s leading conglomerate, John Keells Holdings PLC (JKH) has once again powered the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with a lead sponsorship. John Keells Holdings has been CA Sri Lanka’s lead sponsor since 2007. JKH Group Finance Director Ronnie Peiris said that JKH is pleased to continue its lead […]

CSE Rings Bell for Gender Equality

The CSE recently joined the Sri Lanka Institute of Directors (SLID), IFC – a member of the World Bank Group, UN Global Compact, UN Women, the World Federation of Exchanges, Women in ETFs and the Sustainable Stock Exchanges (SSE) Initiative to ring the opening bell for gender equality.  These bell-ringing events are taking place in […]

Deputy Prime Minister of Thailand arrives Sri Lanka

Dr. Somkid Jatusripitak, Deputy Prime Minister in Charge of Economic Affairs of Thailand, arrived in Sri Lanka on 8th March for an official visit, at the invitation of Foreign Minister Mangala Samaraweera. The visit is a follow up to the visit of President Maithripala Sirisena to Thailand in November 2015. During the visit, the Deputy […]

Bangladesh alleges USD100mln stolen from NY Fed, transferred to Sri Lanka

Mar 09, 2016 (LBO) – Bangladesh’s government says it plans to sue the Federal Reserve Bank of New York after hackers allegedly stole nearly USD 100 million from a reserve account and transferred funds to Philippines and Sri Lanka. Suspected hackers stole the money from Bangladesh’s foreign exchange account on February 5, according to a […]

Sri Lankan apparels enter 3D design for first time

The leading provider of hi-tech solutions for the global textile industry has partnered with Sri Lanka’s apparel sector to upgrade the country’s apparel designing to new levels-and the Lankan apparel industry has now entered the 3D design realm for the first time. “With world class certifications we are now supplying to many global brands such […]

Lamudi explores real estate prices in Gampaha

Located approximately 28 kilometers away from the Colombo city center is Gampaha, capital city of the Gampaha District, situated in northeast Colombo. It is known to be the sixth largest urban area in the Western Province after Colombo, Kalutara, Negombo, Panadura and Avissawella. Real Estate in Gampaha – Then & Now Today, Gampaha attracts residents […]

Fitch assigns first-time A to Richard Pieris and Company

Fitch Ratings has assigned Sri Lanka-based conglomerate, Richard Pieris & Company PLC (RICH), a National Long-Term ‘A(lka)’ rating. The Rating Outlook is Stable. Fitch has also assigned RICH’s outstanding senior unsecured debentures National Long-Term Ratings of ‘A(lka)’ as they represent senior unsecured obligations of the company and would rank equally with the company’s other senior unsecured debt. RICH’s rating […]

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