Super luxury passenger vessel M.V. AIDAstella of AIDA Cruises, with 2,139 passengers and 640 crew on board, made her maiden call at the Port of Colombo on 11th December 2024. To mark the maiden call of the vessel at the Port of Colombo, plaque exchanges were held between the Master of the vessel, Sri Lanka…
The Colombo West International Terminal (CWIT) project, led by Adani Ports and SEZ, continues to advance as planned despite recent developments, with the company announcing it will self-finance the $700 million venture. The decision comes after withdrawing from a previously pledged $553 million loan from the US International Development Finance Corporation (DFC), demonstrating Adani’s robust…
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a new all-time high today (13), recording a remarkable growth of 169.53 points during the day. The index closed at 14,205.34 points, marking the highest value in its history. Meanwhile, the S&P SL20 index, which tracks the performance of the top 20…
President Anura Kumara Dissanayake has officially appointed members to the Port City Economic Commission. The official letters of appointment were handed over to the members by the Secretary to the President Dr. Nandika Sanath Kumanayake at the Presidential Secretariat today (13). Accordingly Harsha Amarasekera, President’s Counsel, has been appointed as the Chairman of the Port…
Ceylon Beverage Holdings PLC has responded to an inquiry from the Colombo Stock Exchange (CSE) regarding unusual trading activity in its shares (BREW.N0000) on December 12, 2024. The company confirmed it has no unpublished price-sensitive information to disclose. It clarified that the trade of 380 shares accounted for a mere 0.0018% of its total issued…
As enunciated in the Central Bank’s Annual Policy Statement in January 2024, the domestic foreign exchange (FX) market, mainly comprising the Central Bank of Sri Lanka (CBSL), all Licensed Commercial Banks (LCBs) and the National Savings Bank (NSB), has successfully adopted the FX Global Code (FXGC), thereby adhering to a common set of guidelines to…
Sri Lanka Tourism displayed it’s potential of taking on major source markets as France, by promoting Sri Lanka as a key holiday destination equipped with everything that a traveler needs. This initiative was taken at the International Luxury Travel Mart (ILTM) 2024, in Cannes, France, which is one of the world’s leading luxury travel events….
The United Arab Emirates (UAE) has pledged its support to the Sri Lankan Government’s efforts to create a developed and prosperous nation. During a high-level meeting at the Presidential Secretariat Thursday (12) the UAE Ambassador to Sri Lanka, H.E. Khaled Nasser Al Ameri, assured President Anura Kumara Dissanayake of the UAE’s commitment to strengthening bilateral…
President Anura Kumara Dissanayake has directed the Ministry of Finance to implement measures to enhance the efficiency and resilience of Sri Lanka’s financial system. The President provided these instructions during a discussion with Finance Ministry officials at the Presidential Secretariat today (12). Highlighting the Central Bank’s crucial role as an independent institution, President Dissanayake assured…
High Commissioner of Sri Lanka to Bangladesh, Dharmapala Weerakkody held talks on enhancing bilateral trade ties between Bangladesh and Sri Lanka with Vice Chairman and CEO of the Export Promotion Bureau of Bangladesh (EPB), Anwar Hossain, on 09 December 2024 at EPB Office. Vice Chairman & CEO, Anwar Hossain also serves as the Administrator of…
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