Prestigious internationally recognized certification confirms high levels of legal and operational compliance CEAT Kelani Holdings has been granted Authorised Economic Operator (AEO) Tier I status by Sri Lanka Customs in recognition of high levels of legal and operational compliance and strong supply chain security. The AEO certification is internationally recognised and provides the company, a…
The inaugural Catalyzing Climate-Smart Agriculture: Public-Private-People Forum convened recently in Colombo, bringing together key stakeholders from the private sector, government, civil society, and international development partners to address pressing challenges in Sri Lanka’s agriculture sector through innovative climate-smart solutions. The Forum, jointly organized by the Ministry of Environment and the Food and Agriculture Organization of…
The Department of Census and Statistics has set Sri Lanka’s official poverty line at Rs. 16,191 for December 2024, reflecting a rise from Rs. 16,017 in November and Rs. 15,994 in October. This threshold represents the minimum monthly amount required by an individual to meet basic needs. Accordingly, a family of four would require Rs….
Mr. Marcus Pettersson, Honorary Consul of Sri Lanka in Gothenburg, Sweden, visited the Sri Lanka Export Development Board (EDB) to discuss strategies aimed at strengthening bilateral trade between Sri Lanka and Sweden on 17th January 2025. Sri Lanka currently exports a range of products to Sweden, including apparel, rubber goods, tea, and coconut kernel products….
Expert highlights the potential of Diaspora PR to drive investment, trade and tourism The critical role of diaspora engagement in fostering economic development, driving foreign direct investment (FDI), and influencing policy was highlighted at a thought leadership forum organised by the Public Relations Association of Sri Lanka (PRASL) on the 23rd of January 2025. Delivering…
A groundbreaking national initiative by Cinnamon Hotels & Resorts, Sri Lanka Convention Bureau and SriLankan Airlines Sri Lanka today marked a significant milestone in its journey to becoming a premier destination for international conferences with the launch of the Sri Lanka Conference Ambassador Programme (SLCAP). This first-of-its-kind initiative, presented by Cinnamon Hotels & Resorts, the…
The Cabinet has granted approval to award Hayleys Fentons Limited the contract for developing a 50 MW Wind Power Facility in Mannar. This decision is after a thorough and transparent appeal process overseen by the Procurement Appeal Board (PAB). Initially, the Hayleys Fentons bid was not considered by the project committee due to additional content…
The month of January 2025 has set a new record for the highest number of tourists arrivals in Sri Lanka in a single month. Accordingly, a total of 252,761 tourist have arrived in the island in January 2025. In comparison, 238,924 tourists had visited the island in January 2018, while 208,253 had arrived in January…
The All Share Price Index (ASPI) and the S&P SL20 of the Colombo Stock Exchange (CSE) have both dropped significantly at the close of trading today (05). Accordingly, the ASPI has recorded a decline of 500.39 points (-2.95%) to close at 16,456.10 points. This is the largest drop of the index within a single day…
The company plans to revive cotton cultivation, support traditional textile artisans and experiment with eco-friendly fabric production and treatment, while also establishing a coastal recycling hub targeting ocean plastic waste. MYGroup, a leading UK waste management and recycling company, is embarking on a pioneering sustainable textile production and manufacturing proof-of-concept in Sri Lanka, set to empower…
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