The Digital Payments Promotion Campaign 2025 under the theme of “Shaping the Future through Digital Transactions” was launched by Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL) on 9th January 2025, at the Magam Ruhunupura Administrative Complex in Hambantota. The campaign was organized by CBSL with the support of Mr. Bimal…
Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3.7 billion. The agreement was signed during President Anura Kumara Dissanayake’s current state visit to China, marking the highest foreign investment secured by the government, the President’s Media…
On the invitation of Chinese President Xi Jinping, Sri Lankan President Anura Kumara Dissanayake continues his four-day state visit to China, beginning the third day (16) by participating in an investment session scheduled for this morning. The “Investment Session,” jointly organized by public and private sector entities, will be held under the patronage of President…
Reuters – China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China’s President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing. The countries signed 15 cooperation documents, including agreements on economic and technological development and aligning China’s ‘Belt and Road Initiative’ with Sri Lanka’s 2030 digital…
Ambassador of Sri Lanka to Thailand, Wijayanthi Edirisinghe met with Chairman of the Federation of Thai Industries (FTI), Kriengkrai Thiennukul on 10 January 2025 to discuss enhancing trade, investment, tourism and industrial collaboration between Sri Lanka and Thailand. During the meeting, Ambassador Edirisinghe expressed her appreciation for the opportunity to engage in meaningful dialogue. She…
Heshan Karunaratne Elected as the President for 2024/25 The Computer Society of Sri Lanka (CSSL) has unveiled a groundbreaking 2030 strategy, designed to position Sri Lanka as a leading player in the global digital economy. Announced at its 36th Annual General Meeting, this vision aligns closely with the principles of Society 5.0, a concept that…
Prime Lands Residencies PLC, a name synonymous with innovation in real estate, is set to transform Sri Lanka’s urban landscape with its ambitious Colombo Border project. Following the resounding success of The Grand Ward Place, Prime Lands Residencies has secured an expansion of its Board of Investment (BOI) approval, injecting a colossal USD 65 million…
Adani Group companies in renewable energy, ports, and petrochemicals, are breaking new ground demonstrating a strong commitment to operational excellence, sustainability, and global expansion. Adani Green Energy Limited (AGEL) strengthened its position as India’s renewable energy leader with significant capacity additions. Over the last few weeks, it commissioned multiple projects, reinforcing the company’s commitment to…
A session on Driving Growth in Value-Added Export Manufacturing at the Sri Lanka Economic Summit will address key challenges to enhancing Sri Lanka’s value-added export manufacturing, and examine how the country can strengthen its integration into global and regional value chains. Conducted under the theme Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic…
Huawei and the University of Hong Kong (HKU) jointly held a launch ceremony for “The University of Hong Kong & Huawei Global Smart Campus Network Showcase.” This marks a new milestone in their collaboration on developing smarter campus network connectivity and infrastructures. Both parties are committed to creating a global showcase for smart campus network…
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