The Sri Lanka – USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce elected Charithra Hettiarachchi, Chief Operating Officer of WICHY Plantation Company (PVT) LTD, as President of the SLUSABC at its 07th Annual General Meeting held recently. Chief Guest at the event Ambassador of the United States to Sri Lanka Her Excellency Julie…
As one of the main development partner, Government of Japan extends the hands of friendship to Sri Lanka whenever the help is needed. Accordingly, amid the present economic crisis situation, Government of Japan has donated various aids to Sri Lanka ensure the food security, quality of health care facilities and the social wellbeing of the…
State Minister for Plantations, Enterprise Reforms and Finance, Mr. Ranjith Siyambalapitiya, has announced that a dedicated allocation of Rs. 10 billion has been reserved for potential future elections. This provision, while not explicitly outlined in the budget proposals, has been included in the estimates. Furthermore, the State Minister has conveyed that the Executive Committee of…
The Second Reading of the Appropriation Bill for the year 2024 was passed in the Parliament today (21) by a majority of 45 votes. The Second Reading vote was held at around 6.00 pm where 122 votes were cast in favor of the Bill and 77 votes were cast against it. Hon. Ranil Wickremesinghe, the…
In a landmark address at the Sri Lanka Green Hydrogen Symposium 2023, President Ranil Wickremesinghe outlined a comprehensive vision for Sri Lanka’s role in addressing climate change, emphasizing sustainable practices and embracing cutting-edge green energy technologies. President Wickremesinghe opened his speech by drawing attention to the alarming findings of the UNF emission report for 2023….
Reuters – Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday. The National Consumer Price Index (NCPI) (LKNCPI=ECI), which captures broader retail price inflation, is released with a lag of 21 days every month. Food prices fell 5.2% in October after declining 5.2% in…
The proposed Sri Lanka – Thailand Free Trade Agreement (SLTFTA) is planned to be signed on 03 February 2024, Cabinet Spokesman, Minister Bandula Gunawardena said during the Cabinet press conference held today (21). Signing of the FTA will follow the completion of the multiple rounds of discussions by December 2023, according to the Gunawardena. In…
RM Parks Inc. California-based US fuel distribution company signed an agreement with the BOI with an Investment of U$ 100 Mn. The company will serve the Sri Lankan petroleum sector, in collaboration with Shell Plc. Shell plc operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and Rest of…
A broad focus on promoting tourism and trade relations between the two countries. The Special envoy of the Chinese President, state councillor Mrs. Shen Yiqin, and the delegation paid a courtesy call on President Ranil Wickremesinghe Monday morning (20) at the Presidential Secretariat. The primary focus of the meeting was to enhance tourism and trade…
Arab-Israeli vlogger and online influencer Nuseir Yassin – known to his millions of followers as the founder of the popular online community “Nas Daily” – has entered into an agreement with the Sri Lanka Tourism Promotion Bureau (SLTPB). Yassin, 31, currently resides in Dubai and is renowned for his YouTube channel “Nas Daily,” which documents…
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