Ex-Pack Corrugated Cartons Limited, one of Sri Lanka’s leading manufacturers of corrugated cartons, has announced an excellent performance during the 1st half of FY2021/22, ending 30th September 2021. The Ex-Pack group has achieved a top line revenue of LKR 3.465 billion, against 2.065 billion during the same period in the previous year, recording a 59%…
Sri Lanka Export Development Board (EDB) and Boat Building Technology Improvement Institute (BTI) in association with Ministry of Trade organized the first ever international Virtual Boat Show Sri Lanka 2021 from 25th -29th October 2021. The show was ceremonially inaugurated by Hon. (Dr) Bandula Gunawardena, Minister of Trade in the presence of Mr. Dhammika Mataraarachchi,…
Swiss International Airlines, a member of the Lufthansa Group commenced operations once again to Colombo on Friday the 5th of November. The inaugural flight from Zurich to Colombo, LX 8064 operated by an Airbus 340 touched ground at 7:30 AM and was welcomed by a celebratory water cannon salute upon arrival at Bandaranaike International Airport…
Data shows every year 38,000 crashes cause 3,000 deaths and 8,000 injuries Road crash fatalities and injuries could cost countries like Sri Lanka between 3-5% of their GDP annually $2 billion additional investment needed to combat road safety crisis Priyantha Fernando* (34) was heading home after a typical day’s work when his motorcycle crashed into…
PublicFinance.lk – Net Foreign Assets (NFA) of a country’s monetary authority refers to the difference between gross foreign reserve assets and liabilities related to foreign reserves. Typically, such liabilities include the Central Bank’s liabilities to the IMF, swaps, and any other reserve related liabilities. In August 2021 the Central Bank’s NFA was LKR –84 billion….
The Embassy of Sri Lanka in Belgium, together with the Export Development Board of Sri Lanka (EDB) promoted Ceylon tea, Sri Lanka spices and coconut-based products at the 8th edition of the INTRAFOOD trade fair in Kotrijk, Belgium on 27 to 28 October 2021. The two-day biannual trade event was a professional trade fair for the…
In a major step forward in Sri Lanka’s rapid transformation towards becoming a South Asian hub for IT and tech-enabled services, Digital Reality (Pvt) Ltd. launched the country’s first carrier-neutral, high-density data center built to TIA Tier-3 standards and a capacity over 200 racks at Orion City IT Park, Colombo 09 under the brand name…
93% of the over 30 years of estate community vaccinated as at 29th October Over 78% of those between 20-29 years old receive 1st Jab 100% of pregnant mothers residing in RPC estates in Kegalle and Hatton inoculated Over 90 COVID 19 awareness programmes conducted with PHDT and MOH Reaching a significant mile stone to…
Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 26th November 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa. Chairman & Chief Executive of EDB, Mr. Suresh D. de…
The Hambantota International Port (HIP) recently facilitated the shipment of locally manufactured trailers, marking the beginning of its services to the local industry as a gateway port. “The master plan of the Hambantota International Port clearly spells out supporting the development of Sri Lankan industries servicing overseas markets. This shipment for Dutch Lanka Trailers emphasizes…
