The Cabinet of Ministers have given their consent to the proposal submitted by Prime Minister as the Minister of Finance for directing the Legal Draftsman for the preparation of a draft bill for the introduction of a new Act replacing the existing Securities and Exchange Commission Act No.36 of 1987, enclosing the provisions required for…
The Cabinet of Ministers approved the proposal presented by the Prime Minister as the Minister of Finance to enhance the capacity of the Colombo International Container Terminals (CICT), the state information office said. “Considering the prevailing demand for the activities of that terminal as well as the future prospective business opportunities, it has been decided to extend…
Economic diplomacy is the use of the full spectrum economic tools of a state to achieve its national interests. The scope of economic diplomacy can encompass the all of the main international economic activities of a state including, but not limited to, policy decisions designed to influence exports, imports, investments, lending, aid, free trade agreements,…
As part of the Sri Lanka Embassy’s promotional drive in Jordan to disseminate information on the value of Sri Lankan agricultural commodities such as pure Ceylon Cinnamon, Sri Lankan black pepper which has a higher piperine content and cardamom, the Sri Lanka Embassy in partnership with the “Family Flavours” magazine hosted a Sri Lankan cookery…
Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $ 34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the fast-growing company. The deal would value Ant at more than $ 313 billion before a so-called greenshoe option for…
NEW DELHI (Reuters) – U.S. Secretary of State Mike Pompeo landed in India on Monday, the first leg of a five-day Asian trip aimed at strengthening strategic ties in the face of growing Chinese influence across the region. Pompeo was met at New Delhi airport by U.S. Ambassador Kenneth Juster, according to a pool report….
The Colombo Stock Exchange and market intermediaries operated normally but completely based on remote functionality today (26) with its offices and those of several market intermediary firms being located in areas subject to quarantine curfew. Following the digitalization of the CSE preparatory exercises were carried out as a part of regular business continuity processes (BCP)…
“Wheels up for my trip to India, Sri Lanka, Maldives, and Indonesia. Grateful for the opportunity to connect with our partners to promote a shared vision for a free and open IndoPacific composed of independent, strong, and prosperous nations,” Secretary of State Michael R Pompeo said on Twitter. Pompeo is expected to arrive in Sri Lanka…
The 29th Annual General Meeting of the Sri Lanka – Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce was held recently at Ceylon Chamber of Commerce. The Chief Guest of the event was the High Commissioner for Canada, David McKinnon, who is also the Patron of the Council. SLCBC was launched on 14th…
“The Beijing Swift” – By Prof. Samitha Hettige © The Chrysanthemum represents vitality or energy and strength in Chinese culture. At present the Chrysanthemum cultural festival is happening in the Peoples Republic of China. The bright coloured flower blooms in cold autumn when most other flowers aren’t visible. Sri Lankans have associated foreign nationals who…
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