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Sri Lankan Ambassador Discusses Investment, Education, and Trade Enhancement with Myanmar Leaders

The Ambassador of Sri Lanka to Myanmar Prabashini Ponnamperuma had meetings with Deputy Minister for Investment and Foreign Economic Relations Dr. Wah Wah Maung, Deputy Minister of Education Dr. Zaw Myint, and Governor of the Central Bank of Myanmar Than Than Swe on 12 July 2024 in Nay Pyi Taw, the administrative capital of Myanmar….

(0)Comments | July 18, 2024 1:46 pm

Opportunities for Companies to Raise Debt Capital Through Sustainable Bonds for a Greener Future

The Securities and Exchange Commission of Sri Lanka (SEC) and The Colombo Stock Exchange (CSE), in collaboration with the Asian Development Bank (ADB) hosted an issuer forum titled “Towards a Greener Horizon: Unlocking Opportunities through Sustainability Bonds” recently in Colombo. The forum was aimed at enhancing awareness and building capacity among stakeholders including representatives from…

(0)Comments | July 18, 2024 12:46 pm

Emerging-Market Sovereigns Mid-Year Outlook Is Neutral

Fitch Ratings: Fitch Ratings has maintained its 2024 sector outlook at ‘neutral’ for all the main emerging-market regions, except for the Middle East and North Africa, which remained at ‘deteriorating’, says Fitch in a report published today. The neutral outlooks reflect moderately weaker economic growth and persistent strains on public finances balanced against lower inflation…

(0)Comments | July 18, 2024 11:08 am

IMF Deputy Managing Director Antoinette Sayeh to Retire from the Fund

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today that Deputy Managing Director Antoinette Sayeh intends to conclude her service on September 12, 2024. “Antoinette has been a pillar of the Fund’s leadership team for many years. Her incredible experience, deep integrity, and wise judgment have been invaluable to us, and her…

(0)Comments | July 18, 2024 10:54 am

Scope Cinemas Brings IMAX®️ to Sri Lanka Sparking Cinematic Revolution

Scope Cinemas is set to revolutionise cinema experiences in Sri Lanka with the opening of its new IMAX®️ Theatre at Havelock City Mall on the 26th of July 2024. This eagerly anticipated launch promises to bring an unparalleled level of audio-visual immersion for Sri Lankan moviegoers, marking a milestone moment for entertainment in the country….

(0)Comments | July 18, 2024 10:48 am

Sri Lanka High Commission in London unveils first ever Replica of the Colombo Port City abroad

The High Commission of Sri Lanka in London in collaboration with the Colombo Port City Economic Commission (CPEC) and the CHEC Port City Colombo (Pvt) Ltd ceremoniously unveiled a detailed replica of the Colombo Port City on 12 July 2024, showcasing the ambitious and transformative project that is set to redefine Sri Lanka’s economic landscape….

(0)Comments | July 18, 2024 6:17 am

Viet Nam Trade Promotion Agency and EDB agree to enter into an MOU

The Embassy of Sri Lanka in Viet Nam initiated a Memorandum of Understanding (MOU) between the Viet Nam Trade Promotion Agency (Vietrade) and the Sri Lanka Export Development Board (EDB) to establish cooperation between trade promotion agencies of the two countries. The initial meeting between the two organizations in this regard was convened virtually. Ambassador…

(0)Comments | July 18, 2024 6:13 am

Hirdaramani Group Reinforces Commitment to Sri Lanka’s Apparel Sector with Groundbreaking Investment in New Textile Plant, ‘Mihila Tex’

Hirdaramani Group, a leader in apparel manufacturing and sustainability, announces its latest milestone in advancing sustainable apparel production with a significant LKR 10 billion investment in a cutting-edge new textile mill, ‘Mihila Tex’ in Pannala, Sri Lanka. This state-of-the-art facility will play a pivotal role in reshaping the future of the apparel industry and bolstering…

(0)Comments | July 17, 2024 2:23 pm

Sri Lanka’s “Smoke & Bitters” Surges to No.29 in Asia’s 50 Best Bars 2024

Bar Leone in Hong Kong Named the Best Bar in Asia, Sponsored By Perrier, As the Asia’s 50 Best Bars 2024 List Is Revealed The prestigious list and several special awards were announced at a live ceremony in Hong Kong, featuring bars from 18 destinations across the region Bar Leone ranks No.1 and is named The Best Bar…

(0)Comments | July 17, 2024 2:02 pm

EDB conducted a Briefing Session on Indonesian Investment opportunities for Foreign Investors with Directorate of Investment Promotion of Indonesia

EDB in collaboration with Sri Lanka Embassy in Jakarta organized a briefing session to discuss on “Indonesian Investment opportunities for Foreign Investors” with Directorate of Investment Promotion of Indonesia and the Ministry of Investments of Indonesia on 12th July 2024. The main focus of this session was on the construction and power and energy sectors,…

(0)Comments | July 17, 2024 12:42 pm

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