The Sri Lanka Apparel Exporters Association (SLAEA) participated in the 16th Global Textile and Apparel Supply Chain Conference held in Shanghai, China recently with a focus on innovation and the development of national high-end textile advanced manufacturing clusters. Representing Sri Lanka at the annual conference, President of SLAEA Indika Liyanahewage spoke on ‘Green dynamics and…
Sri Lanka bagged the prestigious British Guild of Travel Writers Tourism Award for the Best International Tourism project in the Wider World for The Pekoe Trail, at the Annual Gala Awards held in London on 05th November 2023. This is the first time Sri Lanka has secured an International Tourism Award at the renowned British…
The Colombo Stock Exchange (CSE) is pleased to announce that Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL) was successfully launched on the today 6th of November 2023. This initiative aims to promote market efficiency and enhance liquidity while improving the market microstructure of the CSE, aligning with international standards and best practices….
The Joint Apparel Association Forum (JAAF), in collaboration with GS1Lanka, recently organized a workshop aimed at introducing Sri Lanka’s apparel industry to the globally recognized GS1 standards. The workshop emphasised the adoption of GS1 Digital Link, cutting-edge technology and a standard for the exchange of product data, currently undergoing trials in Sri Lanka. This workshop…
Shippers Academy, AmCham, JAAF hold forum to highlight importance of labor law reforms to increase competitiveness Stakeholders emphasise flexible work hours, restructuring costs of vital importance to sustain apparel industry Ministry of Labour states increasing female workforce participation remains key objective The Shippers Academy of Colombo, in partnership with the American Chamber of Commerce (AmCham)…
In a groundbreaking event, sixty micro, small, and medium enterprises (MSMEs) from the Central and Uva provinces converged at the Darrawella Club, unveiling their innovative strategies poised to capitalize on the economic growth opportunities emerging from The Pekoe Trail. These enterprising individuals, partaking in The Pekoe Trail Business Incubator, passionately shared their transformational business plans…
The Ceylon Chamber of Commerce is proud to announce the launch of the Sri Lanka – Indonesia Business Council (SLIBC). The launch of the SLIBC extends the Ceylon Chamber’s global business and industry network, enhancing Member’s access to business and trade promotion opportunities, while promoting economic cooperation between the two countries. Chief Guest at the…
By Kimuthu Kiringoda and Himani Vithanage In Sri Lanka, only 7.7% of working-age females are engaged in formal employment with decent wages and decent working hours. The country’s persistent challenge of low female labour force participation is compounded by a multitude of unique barriers to improving women’s access to decent work. Decent work is multifaceted,…
The Ceylon Chamber of Commerce called for a new economic model focused on export-led investment and tourism, and facilitating the private sector as the engine of growth to build a sustainable business environment, at the recent India-Sri Lanka Business Summit in Colombo. The event brought together key figures, including Hon. Dinesh Gunawardena, Prime Minister of…
Latest ‘Mood of the Nation’ poll shows a large reversal in sentiment The approval rating of the government fell from 21% in June 2023 to 9% in October 2023 according to the latest round of the Gallup style ‘Mood of the Nation’ poll of Verité Research. The survey showed that satisfaction with the state of…
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