The 31st Annual General Meeting of the Sri Lanka – Pakistan Business Council (SLPBC) of the Ceylon Chamber of Commerce was held on 20th September, 2023 at the Hilton Colombo Residences with the presence of His Excellency Major General (Rtd) Umar Farooq Burki, High Commissioner of Pakistan in Sri Lanka as the Chief Guest who…
By Indika De Zoysa Social media platforms have become the epicentre of our collective digital discourse in an age defined by the relentless pace of technological advancement. These platforms have revolutionised how we communicate and emerged as influential players in the realm of politics, particularly during elections. I have observed with keen interest the profound…
UAE Investment Forum was a watershed moment, thrusting Sri Lanka and Port City Colombo into the limelight of the investor community Khaleej Times – This momentous event was orchestrated by a coalition of distinguished figures and institutions, including the Niranjan de S Deva Aditya, former British and European MP and Deputy Lieutenant to King Charles…
Representatives of top corporations in the UAE, accompanied by high-potential investors, property developers, hotel owners, and leaders in the hospitality and real estate industries, converged in the iconic settings of the Ritz Carlton in Abu Dhabi and the Armani Hotel at Burj Khalifa in Dubai to explore, understand, and assess the investment potential of Sri…
Bloomberg – The US government said a bondholder’s lawsuit against Sri Lanka over the country’s historic debt default should be put on hold. In a statement of interest filed Monday in New York federal court, the US backed the Sri Lankan government’s request to delay a lawsuit by Hamilton Reserve Bank Ltd. seeking full payment…
The Sri Lanka Retailers’ Association (SLRA) is set to host the retail industry’s premier knowledge event, the Sri Lanka Retail Forum 2023, commencing at 9.00 am on 19th October 2023, at the Shangri-La Hotel Colombo. Conducted this year under the theme “Sparking Success: Reigniting the Flame of Retail Growth”, the Forum will explore emerging trends…
Envisages Sri Lankan operation to double in size by 2026 to $200M Expresses confidence in Sri Lanka’s ability to deliver amidst economic headwinds Recognizes Sri Lanka’s workforce and innovative sustainable manufacturing processes as key strengths Earlier this year, global fashion infrastructure platform PDS Limited announced the unveiling of a centralized cutting plant in its Sri…
There’s been a welcome uptick in business sentiment amid multiple sensitivities The ongoing evaluation – the first such review by the IMF – of the four year Extended Fund Facility (EFF) programme, the new Inland Revenue (Amendment) Bill, continuing disinflation, the domestic debt optimisation (DDO) framework, and the fluctuating price of fuel are having whirlwind…
The Hambantota International Port Group (HIPG) has benchmarked a 500,000 ton volume in their bunkering business during the first eight months of 2023. The throughput which is five times in volume compared to 2022, is attributed to the port’s strategic partnership with Sinopec Fuel Oil Lanka Limited (SFOL), for the supply and trade of marine…
Watawala Plantations PLC (CSE: WATA), Sri Lanka’s leading diversified agribusiness company, marked a significant milestone in the country’s agricultural landscape with the opening of its state-of-the-art cinnamon processing centre in Udugama, Galle. Completed with an investment of LKR 90 million, this facility is one of the largest cinnamon processing centre’s in Sri Lanka, which operates…
Video Story
