A meeting between Secretary to the President, Dr. Nandika Sanath Kumanayake and relevant ministry officials was held yesterday (08) at the Presidential Secretariat regarding the development plans to be implemented in Sri Lanka under three zones, in collaboration with the Surbana Jurong Institute of Singapore and 18 Ministries. During the meeting it was discussed in…
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held yesterday afternoon (April 8) at the Presidential Secretariat. The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management….
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched yesterday morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake. The first copy of the publication was formally presented…
Reuters – The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the administration of President Donald Trump moved to quickly start talks with other trading partners targeted by sweeping tariffs. U.S. stocks dropped on Tuesday for a fourth straight trading day since Trump’s tariffs announcement last…
The currencies of most major economies have appreciated against the US dollar since the start of 2025, despite the massive jump in US tariffs, Fitch Ratings says in its new FX Market Monitor. Developed market currencies (except Australia) have appreciated by an (unweighted) average of 4.5% since end-2024. Market participants’ concerns about the adverse impacts…
Virtual Networking Session Successfully Connected Exporters with Sri Lanka Missions Overseas A special networking forum aimed at further expanding Sri Lanka’s export sector globally was successfully held on 7th April 2025, bringing together more than 175 participants, including Sri Lankan exporters and officials from Sri Lanka’s overseas diplomatic missions. This forum was organized jointly by…
On his first visit as the Board of Investment chairman, Mr. Arjuna Herath seeks support from the relevant government officials to speed up the initial steps to ensure that the infrastructure facilities of the proposed investment zones in Kankesanthurai, Paranthan, and Mankulam can be finished promptly and that investors can begin construction of their projects…
The International Monetary Fund (IMF) has appointed Evan Papageorgiou as the new Mission Chief for Sri Lanka, succeeding Peter Breuer, who concluded his tenure after playing a key role in Sri Lanka’s economic recovery efforts. Breuer served as the IMF Mission Chief during a crucial phase when Sri Lanka faced its worst economic crisis in…
The Sri Lanka–Benelux Business Council (SLBBC) of The Ceylon Chamber of Commerce conducted its 29th Annual General Meeting on Wednesday, March 26th at the Ceylon Chamber premises. Addressing the event, the Chief Guest, Mr. Iwan Rutjens, Deputy Ambassador and Head of the Economic Department at the Embassy of the Kingdom of the Netherlands to Sri Lanka and the Maldives, highlighted the importance of business collaboration in fostering economic growth….
COYLE (The Chamber of Lankan Entrepreneurs) is seeking to collaborate and offer support to government officials by assembling a panel of export oriented industry specialists in this time of need. COYLE is a vibrant community of entrepreneurs, inclusive of a number of well-experienced Export Revenue generating entrepreneurs and manufacturers. Various products and services operated by…
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