The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented to Honourable Ranil Wickremesinghe, the President and Minister…
The Ceylon Chamber recognizes the Digital Economy as a key enabler for Sri Lanka’s economic growth acceleration. The National Digital Economy Strategy 2030 recently published by the Ministry of Technology provides a roadmap to unlock the benefits of the digital economy. The strategy focuses on the improvement of the digital infrastructure, implementation of the Digital…
Sri Lanka Tourism Promotion Bureau conducted a roadshow in Turkey on the 18th April 2024 which was the first roadshow organized from SLTPB in Turkey, in collaboration with the Sri Lanka Mission in Turkey and the National Carrier that has direct connectivity from Istanbul which operates five flights per week. The Turkish airline is scheduled…
The company is expected to complete a feasibility study for a plant at the Hambantota port by June. Chinese energy giant Sinopec is advancing its global strategy as it seeks to establish its first fully controlled overseas refinery in Sri Lanka, reported Reuters. The company is expected to complete a feasibility study by June for a…
The 352-room hotel, with ITC Hotels’ world-acclaimed cuisines will be a jewel in Colombo’s skyline. ITC Limited’s wholly owned subsidiary WelcomHotels Lanka (Private) Limited has launched ITC Ratnadipa, a jewel in Colombo’s skyline that promises to enrich the tourism and hospitality landscape of Sri Lanka. This flagship hospitality icon of ITC Hotels was inaugurated today by…
President Ranil Wickremesinghe inaugurated the “Nihonbashi” Japanese Restaurant situated within the premises of Colombo Port City. The first of its kind, “Nihonbashi” was originally established in 1995 at Galle Face terrace by renowned chef Darshana Munidasa, and has since been a prominent destination for both local and international patrons seeking authentic Japanese cuisine over the…
The Japanese Government has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries. The US$ 3 million initiative will bolster food and nutritional security and fortify resilience by establishing four community operated…
Fitch Ratings – The direction of monetary policy moves is diverging among the major economies, after a period of unusually synchronised interest rate rises in 2022 and 2023, as highlighted in Fitch Ratings’ latest ‘20/20 Vision’ chart pack. The Swiss National Bank (SNB) became the first major developed-market central bank to embark on an interest…
Ceylon Chamber Presents Sri Lanka Climate Summit 2024 The Ceylon Chamber of Commerce proudly presents the inaugural Sri Lanka Climate Summit 2024, themed “Code Red: Climate Risks and Opportunities for Sri Lankan Businesses,” from May 7-9 at the Shangri La Hotel, Colombo. As scientists warn of the potentially devastating consequences of accelerating climate change, the…
Sri Lanka, a nation poised at the cusp of digital transformation, has taken a monumental step forward with the introduction of its National Digital Economy Strategy. Crafted through a collaborative effort between government bodies, academia, industry stakeholders, and supported by the World Bank, this strategic blueprint stands as a testament to Sri Lanka’s commitment to…
Video Story
