New Market Opportunities Explored A meeting was held yesterday (17) at the Presidential Secretariat between the Secretary to the President Dr. Nandika Sanath Kumanayake and officials from institutions related to the tea industry. The discussion reviewed the issues that have emerged within Sri Lanka’s tea industry. Special attention was paid to improving the quality of…
The Railway Department, in collaboration with the Central Cultural Fund (CCF), has launched a new initiative aimed at increasing the appeal of the Nine Arch Bridge in Ella and its surrounding areas to both local and international tourists. According to the Railway Department, the program will include decorative lighting installations around the iconic bridge, enabling…
The Committee on Public Finance approved the Regulations under the Tea (Tax and control of export) Act, No. 16 of 1959. This approval was given at the Committee on Public Finance meeting held recently (15) in Parliament under the chairmanship of Hon. Member of Parliament (Dr.) Harsha de Silva. Accordingly, officials stated that a license…
Tysers notes the recent public commentary regarding the awarding of a reinsurance tender involving the National Insurance Trust Fund (NITF). Tysers operates as a technical reinsurance partner, providing access to international markets and capacity in support of Sri Lanka’s national insurance objectives. Tysers has a long-standing commitment to Sri Lanka, offering reinsurance expertise since the early…
Port City Colombo participated as a Strategic Partner at the Sri Lanka Investor Trade & Tourism Forum 2025, held on 11th July 2025 in Kuala Lumpur, Malaysia. The event was organised by the Sri Lankan High Commission in Kuala Lumpur, in collaboration with CHEC Port City Colombo (Pvt) Ltd — the project developer. The aim…
Applied Graphite Technologies Corporation (“AGT”) (TSXV: AGT), which is developing the Queens Mine Complex in Sri Lanka, has announced an amendment to its previously announced non-brokered private placement offering. The company now plans to offer up to 16,666,667 common shares (“Common Shares”) at a price of Cdn$0.06 per share for gross proceeds of up to…
In the lead-up to the landmark launch of City of Dreams Sri Lanka – South Asia’s first integrated resort – the appearance of Mr. Shah Rukh Khan was a key highlight of the celebrations. Unfortunately, due to unforeseen personal reasons beyond his control, Mr. Khan is no longer able to attend. “The launch event will…
LTL Holdings Limited has decided to withdraw its Initial Public Offering (IPO) application to the Colombo Stock Exchange (CSE), citing delays in opening the subscription list. In a letter to the CSE dated July 16, the company announced that its Board of Directors had resolved on June 26 to cancel the IPO, which aimed to…
The Seventh Meeting of the International Solar Alliance (ISA) Regional Committee for Asia and the Pacific opened today in Colombo, affirming ISA’s role as a powerful convener for clean energy cooperation and spotlighting Sri Lanka’s leadership in the solar transition. The high-level opening was led by the Hon’ble Prime Minister, Dr Harini Amarasuriya, who delivered…
The Colombo Stock Exchange (CSE), in collaboration with Rotary District 3220 Sri Lanka & Maldives, hosted a special Market Opening Ceremony to mark the launch of the “Rotary SME Development Strategy 2025/26,” a programme aimed at enhancing the growth, visibility, and capital access of high-potential SMEs across Sri Lanka. Held at the CSE Trading Floor,…
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