On December 27, 2024, His Excellency Ruben Gauci, High Commissioner of the Republic of Malta to India and Sri Lanka, met with Mr. Mangala Wijesinghe, Chairman and CEO of the Sri Lanka Export Development Board (EDB), at the EDB premises to discuss ways to enhance bilateral trade relations between Malta and Sri Lanka. Mr. Shano…
By Imesha Dissanayake Introduction Sri Lanka known for its biodiversity and strategic location, is increasingly challenged by the global climate crisis. With rising temperatures, extreme weather, and sea-level rise, the country faces disruptions across key economic sectors, particularly agriculture, tourism, and manufacturing. This article explores how trade policies can integrate climate action to transform vulnerabilities…
In 2024, Sri Lanka Ports Authority (SLPA) terminals achieved their highest-ever throughput, reaching 2.41 million TEUs amidst competition. SLPA alone contributed 2,413,012 TEUs, emphasising its vital role in the port’s performance despite ongoing construction at both terminals. The Port of Colombo, together with other terminals, also hit a historic milestone with a total throughput of…
Thilan Wijesinghe, Chairman of TWC Group recently addressed global policymakers and experts at the ORF Cape Town Conversation, recently held in Cape Town, South Africa. Co-hosted by the Observer Research Foundation (ORF) and the Thabo Mbeki Foundation (TMF), the event served as a critical platform for addressing pressing global South’s challenges, including the future of…
A mixed but cautiously optimistic outlook prevails as Budget 2025 approaches Confidence about the economy in corporate circles remains subdued, despite the rise of the LMD-PEPPERCUBE Business Confidence Index (BCI), which perhaps suggests a sense of caution ahead of Budget 2025. According to Pepper-Cube Consultants, the newly elected government has been well received by the…
The Colombo Stock Exchange (CSE) reached a historic milestone today (02) as the All Share Price Index (ASPI) surpassed the 16,000-point mark for the first time in the Sri Lankan capital market’s history. The ASPI surged by 403.94 points, closing at 16,348.55—a 2.53% increase compared to the previous trading day. Additionally, the day witnessed an…
The Sri Lankan government has announced new restrictions on marketing food and beverages to children, effective January 1, 2025, under the Food (Labelling & Advertising) Regulations 2022. The Ceylon Chamber of Commerce, through its Food & Beverage Steering Committee, was a key partner in shaping these regulations by providing inputs on food science, nutrition, international…
A delegation from CEAT, an RPG India company, led by Managing Director and CEO Mr. Arnab Banerjee, met with Mr. Mangala Wijesinghe, Chairman and CEO of the Sri Lanka Export Development Board (EDB), recently at the EDB Head Office in Colombo. During the meeting, Mr. Banerjee provided an overview of RPG’s operations across various sectors,…
By Joshua Perera Joshua is an experienced writer, editor, and researcher and has a background in fact-checking, investigative journalism, and debunking misinformation. Sri Lanka, renowned for its stunning landscapes, rich culture, and warm hospitality, is witnessing a resurgence in tourism after years of challenges. As the sector begins to recover, it is crucial to consider…
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ms. Vindhya Jayasekera as the Chief Executive Officer (CEO) Designate, effective 1st January 2025. Ms. Jayasekera will succeed the incumbent CEO, Mr. Rajeeva Bandaranaike, who is due to retire during the course of 2025 after serving for 11 years in that capacity. Ms….
Video Story
