On 28 and 29 October 2023, the Consulate General of Sri Lanka in Milan hosted the first ever ‘Sri Lankan Festival in Milan’ at Parco Sempione, Milan, under the patronage of the Municipal Council of Milan and in collaboration with the Sri Lanka Tourism Promotion Bureau. The event was a celebration of Sri Lankan heritage…
Reuters – Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending. While lending commitments peaked at almost $136 billion in 2016, China still committed to almost $80 billion of loans…
A delegation led by Lord Davies of Abersoch, UK Prime Minister’s Trade Envoy to Sri Lanka and His Excellency Andrew Patrick, British High Commissioner to Sri Lanka visited Unilever Sri Lanka’s factory in the Horana BOI Zone recently to experience the facility’s advanced capabilities in manufacturing, social and environmental governance. The esteemed delegation was given…
MAS Holdings, a global leader in apparel manufacturing, commemorates a significant milestone: 20 years of the Women Go Beyond (WGB) initiative. Established in 2003, WGB has been instrumental in empowering women within MAS and its communities worldwide, challenging conventions, and championing resilient women. Over the past two decades, it has made a profound impact, supporting…
SL is begging for wealth. Some citizens suffer in the Middle East to help the effort while others (& some media) make & market internal conflicts to earn wealth. Some import SL conflicts for domestic use. Those who count the number of Chinese ships coming to SL don’t talk about the money ships bring as…
hSenid Business Solutions (hBS) announced its earnings results for the period ended 30 September 2023, reporting a total revenue of LKR 400.3 million for the concluded quarter. The primary driver of revenue growth can be attributed to the success of the PeoplesHR Cloud business, which accounts for 56 percent of company revenues. A majority of…
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…
Video Story
