ICT industry in Sri Lanka is expected to reach USD 3 billion revenue by 2024 Sri Lanka’s rank improved to 85th globally in the 2020 e-government Development Index, up from 94th in 2018 Global leading real estate consultancy firm, Jones Lang LaSalle (JLL), Sri Lanka, in partnership with Information and Communication Technology Agency (ICTA) of Sri…
Creating history in its journey of six decades ACL Cables PLC, Sri Lanka’s No.1 cable manufacturer has posted a phenomenal 189% year-on-year profit increase at the end of its second quarter demonstrating strong financial performance and stability as a group. Noteworthy are the resounding strong figures despite challenging economic conditions seen locally as well as…
The Embassy of Sri Lanka in Moscow in collaboration with the National Gem and Jewellery Authority of Sri Lanka and the Russian Club of Jewellery Trade organized a B2B virtual meeting between the Sri Lankan Gem and Jewellery exporters and Russian Jewellery companies on 11 November, 2021 with the objective of promoting Sri Lankan precious stones in Russia. The virtual B2B promotion…
Purchasing Managers’ Indices for both Manufacturing and Services activities expanded in October 2021. Indicating a strong revival in manufacturing activities in the country, the manufacturing PMI reached a 7-month high at 60.4 in October 2021. Services PMI increased to 57.9 in October 2021 underpinned by the increases in New Businesses, Business Activities and Expectations for…
The shares of Lanka Credit and Business Finance Limited (CODE: LCBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Diri Savi Board of the CSE under the ‘Diversified Financial Services – 4020’ sector. The occasion was marked with a special Bell Ringing Ceremony hosted by the CSE. …
Advantis Projects and Engineering, a subsidiary of Hayleys Advantis Limited, has successfully completed its share of construction work on the New Kelani Bridge project. Amounting to one of the largest infrastructure development projects in the country in recent times, the New Kelani Bridge consists of the single largest suspension bridge and the longest elevated steel…
Facilitating growth and development opportunities for the private sector, the Ceylon Chamber of Commerce will conduct a webinar on ‘Listing Your Family Business on the Colombo Stock Exchange’ on 23rd November, 2021. Conducted in partnership with Acuity Partners, the webinar will focus on demystifying the process of listing companies on the Colombo Stock Exchange (CSE),…
The demand for organic food products is continuously increasing due to the growing interest in markets such as EU, USA, Middle East, Japan, and China. Among the producing countries, Sri Lanka maintains a reputation as a reliable producer and supplier of organic agricultural products adhering to the internationally required organic standards such as “EU Organic”…
As Sri Lanka’s thriving real estate sector attracts increasing investor interest, the Ceylon Chamber of Commerce in partnership with Iconic Galaxy, will host an immersive and comprehensive webinar titled ‘Why Sri Lanka is Becoming the Ideal Real Estate Investment Attraction’, focusing on understanding and exploring real-estate investment opportunities in the country, on 16th November 2021….
Dr Dushni Weerakoon Budget 2022 appears to be more of a stop-gap budget rather than one that sets out a framework on how revenues will continue to be mobilised and deficit financing requirements met over time. It seems that the government is hedging its bets on economic growth creating revenues, but with inflation set…
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