Business Sentiment – Index Comes Under Pressure At best, there’s been a lull in the psyche of businesspeople; as a worst case, the time to take stock following the IMF’s US$ 3 billion Extended Fund Facility (EFF) approval on 20 March has resulted in a reality check of what Sri Lanka will have to endure…
Port City Colombo, Sri Lanka’s greenfield land reclamation project, is pleased to commemorate World Environment Day 2023 by sharing its commitment to sustainable development and environmental stewardship. Recognizing the importance of social responsibility and its impact on stakeholders, Port City Colombo has made it a key pillar of the project. This commitment is demonstrated across…
At the invitation of the International Monetary Fund (IMF) The Ceylon Chamber of Commerce recently briefed key representatives of the IMF on recent economic developments in Sri Lanka, and their impact on the country’s economic trajectory. The meeting comprised high-level representatives of the IMF Mr. Kenji Okamura, Deputy Managing Director – IMF, and Ms. Anne-Marie…
By Prof Samitha Hettige Asia’s foremost defense summit is the Shangri la Dialogue held in Singapore. SL’s Galle dialogue is expected to go on same lines. Senior defense officials come there to debate region’s security challenges & take fresh approaches together. A review of the past indicates that some members use it to teach others about…
The Asian Palm Oil Alliance, a multilateral body representing the industry in Asia, Solidaridad, a global network that supports smallholder farmers and workers, and the Palm Oil Industry Association of Sri Lanka, came together at a joint press conference, held at the OPA Auditorium in Colombo 07, on the 30th of May 2023. The event…
By Jagathdeva Vidanagama PhD World Environment Day should drive focus on decarbonisation of Sri Lankan industries Sri Lanka’s Energy Savers are industry leaders and energy practitioners who are determined to help the country slash energy waste and greenhouse gas emissions. They explain what they are doing to decarbonize Sri Lankan industries and why the time…
A one-day conference was successfully concluded titled “Empowering SMEs through Data Security, Cyber Security and Innovation”, organized jointly by the Federation of Information Technology Industry Sri Lanka (FITIS) Professional Chapter which comprise the Information Systems Audit and Control Association of Sri Lanka (ISACA) and the United States Agency for International Development (USAID) CATALYZE Sri Lanka…
Fitch Ratings – Global trade is now slowing sharply after a rapid post-pandemic recovery in 2021 and 2022, Fitch Ratings says in a new report. Monetary tightening, fading fiscal support and service sector reopening are now weighing on global goods demand, which leapt extraordinarily during the pandemic. World industrial production is also decelerating rapidly. Services trade…
There will be no tolerance for anyone attempting to regress the country to its state of a year ago. The country is built on four major pillars. Our aim for the next five years is to stabilize the country’s economy, paving the way for Sri Lanka’s transformation into a prosperous and developed nation within the…
SriLankan Airlines would like to clarify that a story currently circulating on social media about the airline mishandling the travel of Venerable Ajahn Brahm is completely false. The Venerable Ajahn Brahm was booked on a different airline when the unfortunate delay occurred at Bandaranaike International Airport in the early hours of 31 May 2023. SriLankan…
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