As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an increase of 2.58% compared to the month of June 2023. This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Rubber based products, Coconut…
Evolution Auto is pleased to announce the launch of its first electric vehicle lineup—a pioneering joint venture among Sensei Capital Partners, Atman Group, and Sino Lanka Private Limited—designed to transform the sustainable transportation landscape in Sri Lanka. Guided by its mission to bring advanced electric mobility solutions to fruition, Evolution Auto is doubtless poised to…
Officials from 10 National Standards Bodies (NSBs) representing ten member countries convened in Colombo today for the 30th plenary meeting of the International Organization for Standardization’s (ISO) Technical Committee on Tea (ISO TC 34/ SC 8). Hosted by the Sri Lanka Standards Institution (SLSI) with support from the European Union-funded BESPA-FOOD project and implemented by…
The census for the second phase of the “Aswesuma” Welfare Benefit Program is scheduled to be completed by July 31. Additionally, for families who missed the opportunity to apply during the first phase, applications were called again in February, resulting in approximately 454,924 new applications. The census work related to these applications has already begun,…
The signing of the Memorandum of Understanding (MoU) for the provision of interest-free loans to agribusiness entrepreneurs and farmers under the first phase of the Agriculture Modernization Program took place Monday (22) at the Presidential Secretariat. The MoUs were signed between the Bank of Ceylon, the Regional Development Bank who are the key contributors to…
The initial public offering (IPO) of shares of Sri Lanka’s leading integrated manufacturer of specialized cables, Cable Solutions Limited, will open today, 23rd of July 2024, at 09.00am. Managed by Asia Securities Advisors (Private) Limited, the issue will see a total of 80,786,600 ordinary voting shares of the company offered to the public, through a…
The Hambantota International Port Group (HIPG) recently showcased its strategic vision and accomplishments at the Sri Lanka Transport and Logistics Conference 2024, organised by Bricsa Consulting, India. Held at the Sheraton Colombo, the conference brought together key stakeholders from both public and private sectors to discuss current and future challenges in the transport and logistics…
The Geopolitical Cartographer hosted the 30th Prime Minister of Australia Hon. Scott Morrison for a pivotal talk titled “Australia and the Indian Ocean” at the Grand Crystal Ballroom of the Taj Samudra Hotel in Colombo. The event, followed by a discussion and moderated question-and-answer session led by Geopolitical Cartographer Co-Patron Mohamed Nasheed, former President of…
Reuters – Sri Lanka’s central bank is expected to hold interest rates for a second straight meeting on Wednesday as it attempts to maintain monetary stability in the shadow of a dragging financial crisis and counter simmering political tensions. Nine out of 14 economists and analysts polled by Reuters expect the Standing Deposit Facility Rate…
The Ministry of Health has received nine refrigerated trucks procured by UNICEF with, funding from the Government of Japan to further improve the delivery system of vaccines to all children, across Sri Lanka. The trucks were handed over by H.E. MIZUKOSHI Hideaki, the Ambassador of Japan to Sri Lanka and Ms. Begoña Arellano, Acting UNICEF…
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