Ambassador of Sri Lanka to the Sultanate of Oman O.L. Ameer Ajwad launched the first sale of Sri Lankan chicken in Oman at the outlet of Al Hamadi Trading & Contracting LLC which recently imported Sri Lankan frozen chicken first time to Oman. Sri Lankan brand CRYSBRO frozen chicken will now be available in the…
The Moragahakanda-Kaluganga Mahaweli “F” Zone has been declared as a sustainable development area for organic agriculture by Mahaweli, Agriculture, Irrigation and Rural Development Minister Chamal Rajapaksa. The Minister has made the Order under Mahaweli Authority of Sri Lanka Act No. 23 of 1979 in concurrence with President Gotabaya Rajapaksa. The sustainable development area has been…
President Gotabaya Rajapaksa has directed the officials of the Central Bank to deliver justice to the depositors of the ETI Finance and The Finance Company PLC after seeking legal advice regarding those insolvent companies immediately. President Rajapaksa further said that a committee representing the Presidential Secretariat, the Central Bank, the Treasury and the depositors should…
The 32 nd Joint Meeting of the UNWTO Commission for East Asia and Pacific (CAP) and the UNWTO Commission for South Asia (CSA) which is UNWTO’s principal annual event in the Asia and the Pacific Region was scheduled to be hosted by Sri Lanka Tourism in Colombo from 29 th June to 01 st July 2020….
Sri Lanka premier bank, Bank of Ceylon ( BOC) and China Development Bank will enter into a USD 140 million long-term facility where drawdown will be under two tranches of USD 70 million each. The signing ceremony for the facility agreement will be held on 30 June 2020. The facility will be utilized for supplementing…
Outgoing World Bank Country Director Highlights the Strengths, Opportunities and Challenges Ahead for Sri Lanka Increasing fiscal space, managing debt and furthering competitiveness and trade will be among key challenges for Sri Lanka, outgoing World Bank Country Director for Maldives, Nepal and Sri Lanka Idah Z. Pswarayi-Riddihough said. Pswarayi-Riddihough made these remarks whilst sharing her…
The Delegation of the European Union (EU) to Sri Lanka and the EU Member States Embassies in Colombo issue the following clarification on lifting the temporary restriction on non-essential travel to the EU and reports that Sri Lanka was not included in the list of selected countries. The EU and Member States Ambassadors resident in…
Sri Lanka has to move more aggressively with privatisation of State-Owned Enterprises, which will give an incredible boost to the economy, a global investor said. “I’m very very interested in investing in Sri Lanka. So I have a very positive feeling towards Sri Lanka. I think Sri Lanka has to move more aggressively with privatisation…
As part of its continuing efforts to reach out to market participants Mr. Viraj Dayaratne PC, Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) along with other Commission Members met with representatives of the Ceylon Chamber of Commerce, Law Firms and Stockbroker Firms. These interactions were held as part of a series…
Gunmen attack stock exchange building in the city of Karachi, four assailants killed, police say. Gunmen have attacked the Pakistani stock exchange building in the city of Karachi, and four assailants were killed, police said. The gunmen attacked the building with grenades and guns, local media reported. The building is in a high-security zone and…
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