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Sri Lanka participates in 7th International Tourism and Travel Fair in Ankara

The Embassy of Sri Lanka in Ankara promoted Sri Lanka’s rich cultural heritage, stunning natural landscapes, and diverse travel offerings at Travel EXPO 2024, which took place from 14 to 17 November at the ATO Congresium in Ankara. The Travel EXPO, one of Türkiye’s premier tourism events, featured participants from 30 countries, 14 cities, with…

(0)Comments | November 20, 2024 3:30 pm

High Commission of Sri Lanka in the Maldives launches Sri Lanka Business Council

The Sri Lanka Business Council of the Maldives (SLBCM) was officially launched on 12 November 2024, at Hotel Jen Malé. This initiative, conceptualized and spearheaded by High Commissioner of Sri Lanka to the Maldives, Ranga Goonawardena, marks a major step forward in fostering stronger economic collaboration and unlocking new opportunities between Sri Lanka and the Maldives….

(0)Comments | November 20, 2024 3:29 pm

Innovation and Inclusion Drive Impactful, Record Year for IFC in Asia Pacific

IFC’s projects delivered significant impact across Asia Pacific in the last fiscal year, addressing pressing development challenges including climate change, gender inequality, food insecurity, and financial inclusion, while creating jobs and improving services across the region. IFC, the largest global development institution focused on the private sector in emerging markets and a member of the…

(0)Comments | November 20, 2024 2:48 pm

SEC Renews MOUs with National Universities to Grant more Opportunities for Undergraduates

The Securities and Exchange Commission (SEC) signed revised Memoranda of Understanding (MoUs) with Eastern University of Sri Lanka (EUSL) and the South Eastern University of Sri Lanka (SEUSL) last week, reinforcing its commitment to supporting the educational and career aspirations of undergraduates. The SEC began its partnership with national universities in 2008 through the signing…

(0)Comments | November 20, 2024 10:53 am

SriLankan Airlines Premieres Latest ‘Mathaka’ Range at Sri Lanka Design Festival

SriLankan Airlines, the official Airline Partner of the Sri Lanka Design Festival (SLDF), premiered the latest range of products under its award-winning upcycle brand, ‘Mathaka,’ at the event held from 6 to 11 November 2024 at Cinnamon Life. Launched in 2021, SriLankan Airlines’ ‘Mathaka’ brand transforms the airline’s retired materials into a range of on-trend…

(0)Comments | November 20, 2024 10:15 am

ADB Financing to Strengthen Financial Sector Reforms in Sri Lanka

 The Asian Development Bank (ADB) today approved a $200 million policy-based loan to further help the Government of Sri Lanka strengthen its financial sector. This second subprogram of ADB’s Financial Sector Stability and Reforms Program builds on the stabilization and crisis management measures put in place under the first subprogram approved in 2023. “Sri Lanka has made…

(0)Comments | November 20, 2024 10:13 am

Mahinda Siriwardena re-assumes duties as The Secretary to the Ministry of Finance

K. M. Mahinda Siriwardena, who was appointed as the Secretary to the Ministry of Finance, Planning and Economic Development, re-assumed duties in his post today (20). Senior officials including Deputy Secretaries to the Treasury and Heads of Departments under the Ministry of Finance were present on the occasion. He has made a significant contribution to…

(0)Comments | November 20, 2024 10:10 am

US Election Outcomes and Trade Policy Changes: What It Means for Sri Lanka – By Dr Asanka Wijesinghe

Now that the United States (US) election has concluded, what direction will the US’s trade policy be headed? This is one of the burning questions that many of its trading partners are asking in the aftermath of the presidential election. A costly trade war was the outcome of the tariff hikes in 2018 – under the…

(0)Comments | November 20, 2024 6:11 am

Indo Lanka Chamber of Commerce and Industry Extends Congratulations to Sri Lanka’s New Government and Parliament Members

The Membership and Executive Committee of the Indo Lanka Chamber of Commerce and Industry (ILCCI) proudly extend their warmest congratulations to the newly elected government and all members of parliament. This historic occasion marks a fresh chapter in Sri Lanka’s journey toward progress, and we are filled with optimism for the positive transformation that lies…

(0)Comments | November 19, 2024 1:20 pm

CRTA Congratulates NPP on Their Victory and Samantha Vidyarathna on Appointment as Minister of Plantation and Community Infrastructure

The Colombo Rubber Traders’ Association (CRTA) extends its heartfelt congratulations to the National People’s Power (NPP) on their recent victory and welcomes Hon. Samantha Vidyarathna as the newly appointed Minister of Plantation and Community Infrastructure. The Chairman of CRTA, Mr. Harin de Silva, expressed his confidence in the Minister’s ability to steer the plantation sector…

(0)Comments | November 19, 2024 1:11 pm