The Sri Lanka Export Development Board (EDB), in collaboration with the Institute for Future Creations (TIFC) and other relevant stakeholders, including the London College of Fashion (UAL) and the Chamber of Ethical Lifestyle Enterprises (CELE), recently launched the “Creative Sri Lanka 2030” project during a ceremony held at the EDB head office. The event brought…
Financial Year 2023/24 – Twelve Months Performance Snapshot of Financial and Operational Review – Revenue grew by 6.7% to Rs. 121.6 Bn driven by the improvements in all key BUs, Despite the volume contractions in all industries across Hemas managed to outperform the market with market share increases in key segments. • Home and Personal…
In an attempt to address the unique financial needs of freelancers, DFCC Bank proudly introduces the DFCC Freelancer World Mastercard credit card. DFCC Freelancer is a financial solution uniquely designed to cater specifically to the dynamic needs of Sri Lanka’s growing freelancer community. DFCC Bank is the first bank in the country to directly appeal…
The highly anticipated BYD SEALION 6 launch ceremony took place at Duckland Studio, a world-class film and television production facility in Melbourne, Australia. Mr. Liu Xueliang, General Manager of BYD Asia-Pacific Automotive Sales, graced the event along with BYD’s Australian partner EVDirect to witness the grand debut of this groundbreaking PHEV model in the Asia-Pacific…
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…
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…
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…
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…
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…
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…
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