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The Role of Renewable Energy in Sri Lanka’s Economic and Environmental Future

An Overview of the recent meeting between the National Environment Caucus, led by Ven. Pahiyangala Ananda Sagara Thero, and Mr. Ranjith Sepala, Chairman of the Sri Lanka Sustainable Energy Authority (SLSEA). The National Environment Caucus, led by Ven. Pahiyangala Ananda Sagara Thero, recently handed over a report titled “Addressing the Prevailing Energy Crisis in Sri…

(0)Comments | May 27, 2024 8:34 am

The country will overcome bankruptcy, resolving the youth employment crisis

The program to introduce modern agriculture to rural areas will commence next year. Transforming the Northern Province into Asia’s largest renewable energy hub. Two new investment zones in Kankesanthurai and Mankulam areas – Says President Ranil Wickremesinghe. President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the…

(0)Comments | May 25, 2024 8:13 pm

Sri Lanka Tourism performs a successful stint at the Arabian Travel Market – 2024 in Dubai, UAE

Sri Lanka Tourism made headlines at the 31st edition of the Arabian Travel Market (ATM) which was held from 6th May to 9th May 2024 in Dubai, UAE. The travel fair was held at the Dubai World Trade Center (DWTC) in line with the theme of empowering innovation – transforming travel through entrepreneurship. This is…

(0)Comments | May 22, 2024 5:04 pm

High-Profile Speakers to Lead IORA Business Conclave 2024

The IORA Business Conclave organised by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs Sri Lanka on 28th and 29th May, will feature high-profile speakers leading the conversation on advancing trade and investment, SME development, and the Blue Economy in the Indian Ocean Rim Association. Conducted under the theme “Sustaining…

(0)Comments | May 22, 2024 1:16 pm

Ambassador Julie Chung Envisions Sustainable Future for Sri Lanka’s Ports

U.S. Ambassador to Sri Lanka, Julie Chung, presented a progressive vision for Sri Lanka’s ports at the Indo-Pacific Business Forum Satellite Event in Colombo, emphasizing the integration of environmental sustainability with economic growth. “Sri Lanka’s strategic location in the Indo-Pacific region makes its ports a critical hub for international trade,” Chung stated. “By adopting sustainable…

(0)Comments | May 22, 2024 12:21 pm

CSE Shortens Settlement Cycle for Equity Trades

The Colombo Stock Exchange (CSE), in consultation with the Securities and Exchange Commission of Sri Lanka (SEC) and industry participants, has announced that the settlement cycle for equity transactions will be reduced from T+3 to T+2 with effect from 10th June 2024 (i.e. trades taking place on and after 10th June 2024). The concept of…

(0)Comments | May 22, 2024 11:20 am

Norwegian Ambassador meets the President and Leaders of Political Parties during visit to Sri Lanka

Her Excellency May-Elin Stener, the Ambassador of Norway to Sri Lanka and India visited Sri Lanka during 2nd to 9th May. The visit marks a pivotal moment in the strengthening of bilateral ties between Norway and Sri Lanka as Ambassador Stener engaged in constructive dialogues with key stakeholders, including H.E. Ranil Wickremesinghe, President of Sri…

(0)Comments | May 22, 2024 11:03 am

JKH records strong Q4 2023/24 with recurring EBITDA growth of 20% to Rs.13.97 billion

During the fourth quarter, the John Keells Holdings PLC reported a strong performance across most businesses, with Consumer Foods, Transportation and Leisure, in particular, recording significant growth. The performance seen in most of the businesses is a reflection of the improving macroeconomic conditions in the country and is a continuation of the growth momentum witnessed…

(0)Comments | May 21, 2024 6:11 pm

Central Bank Launches Financial Literacy Roadmap of Sri Lanka 2024-2028

Today, on May 21, 2024, the Central Bank of Sri Lanka launched the Financial Literacy Roadmap of Sri Lanka, marking a significant step towards enhancing the financial capabilities of Sri Lankans. This Roadmap, a cornerstone of Sri Lanka’s National Financial Inclusion Strategy (NFIS), offers evidence-based guidance to all stakeholders engaged in financial literacy initiatives, aligning…

(0)Comments | May 21, 2024 5:00 pm

SriLankan Airlines Hosts Indian Travel Trade Journalists for FAM Tour of Sri Lanka

SriLankan Airlines recently welcomed a group of senior journalists from leading Indian travel trade publications on a familiarization (FAM) tour of Sri Lanka, in collaboration with Cinnamon Hotels and Resorts, along with the coordinating efforts of the official PR agency of SriLankan Airlines in India, AVIAREPS. The initiative aims to enhance Sri Lanka’s appeal as…

(0)Comments | May 21, 2024 4:47 pm

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