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Sri Lanka Tourism commemorates World Tourism Day 2021

As Sri Lanka begins to open its borders to the world, Sri Lanka Tourism continues its strategic efforts to promote the island to capture the attention of a global audience seeking an outlet to experience travel once again. In its latest initiative, special programmes and events have been organized to celebrate World Tourism Day 2021…

(0)Comments | September 27, 2021 11:57 am

E M L Consultants Limited lists on the Colombo Stock Exchange

E M L Consultants Limited (EML-N-0000) commenced trading on the Empower Board of the Colombo Stock Exchange (CSE) today (September 27th 2021). The company listed 90,900,000 Ordinary Voting Shares and has been classified under the Industry Group “2020 – Commercial & Professional Services”. Commenting on the listing, the CEO of CSE, Mr. Rajeeva Bandaranaike congratulated…

(0)Comments | September 27, 2021 11:55 am

The Significance of Repatriation and Conversion of Export Proceeds for External Sector Stability and Overall Financial System Stability

Sri Lanka’s merchandise export sector has shown a notable improvement in 2021 compared to the pandemic-affected 2020. As per the latest Customs data, export earnings have averaged US dollars 985 million during the eight months ending August 2021 compared to a monthly average of US dollars 837 million in 2020, while the average earnings have…

(0)Comments | September 27, 2021 9:50 am

A Virtual Summit for a More Inclusive Economy

A virtual conference, titled PEOPLE’S ECONOMIC FORUM 2021, will be organized by SANASA International (Pvt) Ltd, on September 29th, 2021. The goal of the Forum is to contribute to refocusing the national development planning discourse of Sri Lanka to the potential of the cooperative sector. This highly interactive event will provide information and working sessions on the…

(0)Comments | September 27, 2021 8:56 am

The Palm Oil Industry Association holds 3rd AGM to reflect on growth and sustainability

The Executive Committee of the Palm Oil Industry Association of Sri Lanka (POIASL) hosted the Association’s 3rd Annual General Meeting (AGM), on the 31st of August 2021 as a virtual event. The POIASL represents all stakeholders, including cultivators, refiners, processors, manufacturers, marketers, and sellers involved in the production of palm oil and related products of…

(0)Comments | September 27, 2021 1:03 am

SriLankan Airlines commences trial of IATA Travel Pass on selected sectors

SriLankan Airlines is among the airlines leading the way in the South Asian region by trialing the International Air Transport Association (IATA) Travel Pass commencing 01st October 2021 with selected sectors. This marks another initiative of SriLankan Airlines to create a touchless passenger journey in keeping with the airline’s vision ‘To be Asia’s most customer-centric…

(0)Comments | September 27, 2021 12:58 am

Sri Lanka’s apparel industry on tenterhooks over EU trade scrutiny

Reuters – Sri Lanka’s preferential trade access to the European Union, which is the biggest market for its $5 billion apparel industry, is in doubt with an investigation into the island country’s human rights and governance concerns set to start on Monday. The European Parliament in mid-June adopted a resolution inviting the EU to consider…

(0)Comments | September 25, 2021 1:19 pm

Meeting between CBSL Governor and Bangladesh High Commissioner to Sri Lanka

The Governor of the Central Bank of Sri Lanka, Mr. Ajith Nivard Cabraal met with Bangladesh High Commissioner to Sri Lanka, His Excellency Tareq Md Ariful Islam Friday (24), to discuss strengthening of economic ties and greater utilization of the Colombo Port for Bangladesh exports.

(0)Comments | September 25, 2021 1:03 pm

China turns the screws on crypto, Bitcoin stumbles

SHANGHAI, Sept 24 (Reuters) – China intensified a crackdown on cryptocurrency trading on Friday, vowing to root out “illegal” activity and banning crypto mining nationwide, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks. Ten Chinese government agencies, including the central bank as well as banking, securities and foreign exchange regulators, said…

(0)Comments | September 24, 2021 4:50 pm

Asanga Seneviratne elected to the CSE Board of Directors

The Colombo Stock Exchange (CSE) announces the appointment of Mr. Asanga C. Seneviratne as a Director of the CSE Board with effect from 23rd September 2021. Mr. Seneviratne has previously served on the Board of the CSE as a Director during the period from 2013 to 2017. Mr. Seneviratne was a Founder/Director of Asia Capital…

(0)Comments | September 24, 2021 2:19 pm

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