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Ceylinco Life to invest Rs 2 billion as Anchor Investor in DFCC Bank Green Bond

Ceylinco Life has announced it will break new ground by investing Rs 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in an emphatic demonstration of the company’s commitment to sustainability. Issued by DFCC Bank and opening for subscription on Thursday 12th September, the Green Bond is expected to raise up…

(0)Comments | September 12, 2024 10:36 am

Sri Lankan tourism, culture, food and tea promoted in The Hague

The Embassy of Sri Lanka in the Netherlands, with the support of the Sri Lanka Tourism Board (SLTPB), participated in the “Embassy Festival 2024” held in The Hague on 07 September 2024. The Embassy organized two stalls showcasing Sri Lankan tourism, culture, cuisine, tea and handicrafts to the Dutch and other international visitors. The “Embassy Festival”…

(0)Comments | September 11, 2024 3:16 pm

Western Automobile Launches State-of-the-Art Vehicle Assembly Plant in Kuliyapitiya

Western Automobile Assembly Private Limited (WAA) proudly announces the opening of its state of the art SKD assembly plant in Kuliyapitiya. This state-of-the-art facility marks a significant advancement in local vehicle assembly, driving economic development in Sri Lanka while equipping the nation’s youth with the skills and knowledge essential for sustainable growth and long-term prosperity….

(0)Comments | September 11, 2024 2:10 pm

Sri Lanka Parliament Approves Offshore Banking Regulations at Port City Colombo

Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking — Prudent Management and Confidence, were officially passed by the Parliament of Sri Lanka on 4th September 2024. This milestone represents Port City Colombo’s ambitious aim to position itself as a formidable regional financial centre, which would attract an increased inflow…

(0)Comments | September 11, 2024 12:08 pm

Federal Reserve Easing Cycle Will Be Mild and Slow by Historical Standards

Fitch Ratings: The US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes, Fitch Ratings says in its latest Global Economic Outlook report. Services inflation in the US is still too high to be consistent with inflation returning to target on a sustained…

(0)Comments | September 11, 2024 11:53 am

COYLE Global Platform: Empowering Sri Lankan Industries on the World Stage

The Chamber of Young Lankan Entrepreneurs (COYLE) is proud to announce the launch of the COYLE Global Platform, a visionary project designed to help Sri Lankan industries set up and operate in new international markets. This innovative initiative is a collaborative effort, established in partnership with former COYLE members and various chambers around the globe,…

(0)Comments | September 11, 2024 11:46 am

CMTA and Sudath Perera Associates address legal action to combat fake spare parts

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, and Sudath Perera Associates, one of Sri Lanka’s most reputed legal firms, specializing in intellectual property rights, recently held a highly informative briefing for members of the CMTA at the Ceylon Chamber of Commerce to address the growing market of counterfeit…

(0)Comments | September 10, 2024 3:50 pm

‘Ceylon Speciality Tea Mocktail Evening’ at Sri Lanka Residence in Brussels

The Embassy of Sri Lanka in Brussels organised a ‘Ceylon Speciality Tea Mocktail Evening’ to promote Ceylon tea in a creative and innovative way in the Belgian market. The event was held at Sri Lanka Residence in Brussels on 04 September 2024. The mocktail was attended by well over 30 participants comprising tea importers, distributors, retailers,…

(0)Comments | September 10, 2024 2:39 pm

Murali Prakash Takes Helm as Chairman of Asia Pacific Retailers Federation

Sri Lanka Retailers Association hosts APRCE 2024, the premier event of FAPRA Tokyo, Japan, named as the host country for the next APRCE, to be organized by the Japan Retailers Association At a grand ceremony on September 6th, 2024, held at Shangri-La Colombo, veteran business leader Murali Prakash was officially appointed as the Chairman of…

(0)Comments | September 10, 2024 2:30 pm

Apple debuts iPhone 16 Pro and iPhone 16 Pro Max

Powered by the A18 Pro chip and built for Apple Intelligence, the Pro lineup introduces larger display sizes, Camera Control, innovative pro camera features, and a huge leap in battery life Apple introduced iPhone 16 Pro and iPhone 16 Pro Max, featuring Apple Intelligence, larger display sizes, new creative capabilities with innovative pro camera features, stunning graphics for immersive…

(0)Comments | September 10, 2024 1:33 pm

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