Business mission from CCC visits New Delhi to forge new business links

With the initiative of the Sri Lanka High Commission, Ceylon Chamber of Commerce led a two day business promotion mission to New Delhi on 16th July 2019, to continue establishing business and trade links with industry leaders in the Northern States of India. The mission was also organized to promote the “Sri Lanka Investment and […]

Sri Lanka imposes ban on selling imported liquor without foolproof sticker

July 30, 2019 (LBO) – Excise Department has banned the sale of all brands of imported liquor without the new foolproof sticker introduced recently by the Department. Accordingly, the possession, transportation, storing and the sale of imported liquor is illegal unless this new sticker is affixed on containers of foreign liquor. The Excise Notice No: […]

Deputy Minister of Ports and Shipping re-assumes duties

Mohamed Abdullah Mohamed Maharoof re-assumed duties today (30.07.19) as the Deputy Minister of Ports and Shipping. The function took place at the Deputy Minister’s office of Ports and Shipping. Expressing views after re-assuming duties, Hon. Deputy Minister stated that he regretted the Easter Sunday attacks and accordingly all Muslim Ministers resigned from portfolios. “However, considering […]

Citra Social Innovation Lab training inspires Sri Lanka public sector officials

“After 16 years of experience in the public sector I was considering taking early retirement. But after going through this programme I feel like I now have the right tools to make the changes I’ve always wanted to make.” Sentiments shared by a participant from the Eastern Provincial Council. The ‘Foresight & Innovation for #NextGenGov […]

Cabinet, State and Deputy Ministers who resigned sworn into office again

Jul 30, 2019 (LBO) – Cabinet, state and deputy Ministers who had resigned from their respective ministerial portfolios were sworn in before President Maithripala Sirisena, Monday. Following are the list of ministers with their newly sworn in portfolios ….  Rauff Hakeem Minister of City Planning, Water Supply and Higher Education Rishad Bathiudeen Minister of Industry […]

Sri Lanka expects to resume tea exports to Iran from August

July 25, 2019 (LBO) – Sri Lanka expects to resume Ceylon Tea exports to Iran under a special barter agreement between the two countries by the end of next month, the Plantation Ministry said. According to the ministry, Ceylon Tea will be exported to Iran to settle a due amount of 240 million US dollars […]

Foreign Minister clarifies appointments for UN Special Rapporteur

Special Statement by Tilak Marapana, Minister of Foreign Affairs in Parliament – 25.07.19 It has been brought to my notice that last Tuesday (23 July) and Wednesday (24 July) several Members of the Parliament have brought up the issue of the visit of the Special Rapporteur on the freedom of assembly and of association, Mr. […]

ETL Colombo denies claims as the importer of waste cargo

Jul 25, 2019 (LBO) – ETL Colombo (Pvt) Ltd. outrightly denied any claims that they are the ultimate importer of the 130 containers of “Used Mattresses” imported to Hayleys Free Zone, Katunayake for reprocessing and re-export as legally permitted by the Hub Act. The actual owner and the key stakeholder of the said cargo is […]

IMF downgrades global growth to 3.2-pct in 2019

Jul 25, 2019 (LBO) – The International Monetary Fund (IMF) has cut its growth forecasts for the global economy for this year and next, a statement said. It predicts growth of 3.2 percent in 2019, down from its April forecast of 3.3 percent while next year it is set to pick up to 3.5 percent […]

‘s economic resurgence: MAS Chairman Mahesh Amalean

July 23, 2019 (LBO) – Clarity is what gives businesses enormous strength, direction and focus in a challenging environment to regain and sustain economic resurgence, says Chairman of MAS Holdings, Mahesh Amalean. Speaking about Sri Lanka’s current economic context at a panel discussion organized by the Ceylon Chamber of Commerce recently, he highlighted that the […]

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