Global trend shifting towards homogenous and recyclable packaging materials Below are excerpts of an interview with B. Swaminathan, the CEO and President of Smart Expos & Fairs India (Pvt) Ltd, we delve into his perspectives on the transformative potential of Circular Economy and Sustainable Growth within Sri Lanka’s plastics industry. Swaminathan sheds light on how…
When President Ranil W encouraged SL Children (at Anula vidyalaya) to go global by learning Chinese & Hindi, some elected officials were worried about colonizing. Certain media sources which backed some of the above promote Sinhalese & Tamils to learn the basics of Tamil & Sinhala respectively. It is a noble act to make Sri…
Temples & towns which disappeared when reservoirs reached spill level are reappearing with heated arguments on who should get the available water. Those who follow certain media may feel that it’s the only issue in SL at present. Farmers, Electricity producers, Politicians, & even a Canadian visiting SL are having different views. The Canadian may…
By Securities and Exchange Commission of Sri Lanka (SEC) Islamic Capital Market Products (ICMP) are securities which are developed in compliance with Islamic Law, and ICMPs play an important role in the development of the Capital Market and the economy as it opens up opportunities for investment and fund raising. Many countries have introduced different…
World’s leading apparel certification body commends Sri Lanka’s apparel industry for embracing social compliance and sustainability amidst global challenges Given the economic challenges faced by Sri Lanka and the implementation of new EU sustainability laws, companies are realizing the importance of streamlined compliance processes. Certification processes including Worldwide Responsible Accreditation Production (WRAP) offers sustainable solutions,…
Renowned Fitch Ratings agency in a quick move downgraded US debt from AAA to AA+. It may not be surprising to many analysts who were following the situation. One may think it was due to the conflict within the US government on raising the debt ceiling but the real cause may be the increasing of…
By The Coca-Cola Company, Managing Director – Sri Lanka & the Maldives, Pankaj Sinha Coca-Cola, with its 62-year presence in Sri Lanka, has remained committed to supporting this beautiful country through its challenges. As someone who has made Sri Lanka his home since 2019, and seen the country grapple with natural disasters, acts of terrorism, and…
Business confidence tumbles to below the 100 mark in the face of multiple hurdles News about how the domestic debt optimisation framework (a.k.a. DDO) will unfold, an easing of monetary policy and the downward spiral in inflation have brought some respite to a beleaguered business community in the recent past. But we have yet to…
By Indika De Zoysa As Sri Lanka emerges from years of economic challenges, the vision set forth by the DIGIECON 2030 program recently to drive the nation’s economy towards an inclusive digital landscape is both timely and promising. The State Minister of Technology, Kanaka Herath, has rightly highlighted the need to leverage advanced technology-based solutions…
Under the current FTA, Sri Lanka is permitted to export 8 million pieces of ready-made apparel to India without applicable duties. The JAAF (Joint Apparel Association Forum), the apex body of Sri Lanka apparel is hopeful to move beyond this quota, as FTAs carry the propensity to offer immense trade opportunities for both countries. As…
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