By Dr Kiruthika Natarajan, Dr Manoj Thibbotuwawa, and Dr Suresh Babu Protein consumption of the Sri Lankans who are recovering from the economic crisis has been severely affected by their food coping strategies. Pulses, which are high in the quality and quantity of protein, make up only 8% of the nation’s protein intake. Sri Lanka…
The Embassy of Sri Lanka in Washington D.C. opened its doors for American visitors as part of Passport DC’s ‘Around the World Embassy Tour’ from 10.00 a.m. to 4.30 p.m. on 04 May 2024. The open house launched under a special event, “Passport DC” was organized by Events DC in partnership with over 55 foreign…
The International Cricket Council (ICC), today (09) announced a four-year extension to its global partnership with Aramco, one of the world’s leading integrated energy and chemicals companies. Following a successful initial 18-month term, Aramco will continue as a Premier Partner of the ICC and the partnership will include all men’s and women’s senior and U19s…
Only the production of quarter alcohol bottles has decreased by 15 million. 147 of the 214 alcohol licenses granted in 2023 are only for the tourism industry – Minister of State for Finance Dr. Ranjith Siyambalapitiya Minister of State for Finance Dr. Ranjith Siyambalapitiya says that alcohol production in Sri Lanka has decreased by 19%…
Fitch Ratings: Fitch Ratings believes a sustained period of US dollar (USD) strength against emerging market (EM) currencies could weigh on some EM sovereign credit profiles, potentially softening the current positive ratings momentum for EMs. Most at risk in such a scenario – which does not form part of our base case for 2024-2025 –…
The Securities and Exchange Commission of Sri Lanka (SEC) has approved a list of Accredited Shariah Scholars as “Supplementary Service Providers”. These scholars are authorized to certify the Shariah compliance of Islamic Capital Market Products intended for listing on the Colombo Stock Exchange (CSE) in accordance with the Listing Rules. The SEC considers this as…
Pelwatte Dairy Industries Limited (PDIL) has marked a significant milestone in Sri Lanka’s dairy sector by signing a Memorandum of Understanding (MOU) with the Department of Animal Production and Health (DAPH) to conduct Artificial Insemination (AI) under its Dairy Development Program. This collaborative effort aims to modernize dairy farming practices, enhance livestock genetics, and boost…
President Ranil Wickremesinghe directed relevant officials to ensure the completion of infrastructure development in the Bingiriya Industrial Zone by the end of this year. These instructions were given during a discussion held at the Presidential Secretariat yesterday (08) to review the progress of infrastructure and other constructions in the area. The construction of the Bingiriya…
President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit President Ranil Wickremesinghe emphasized on-going efforts to enact unified legislation addressing environmental protection and climate change. He highlighted the government’s commitment to crafting economic policies geared not only towards fostering export-oriented competitiveness but also towards transitioning to a green economy, aiming to…
Sri Lanka’s export community, represented by various chambers and associations, has come together to address critical issues hindering the country’s export potential. In a comprehensive call to action, exporters have highlighted key concerns ranging from transparency and accountability in government agencies to challenges in accessing global markets and overcoming regulatory hurdles. Through a series of…
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