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2022 SL Budget Appropriation Bill – Initial Observations

Key Takeaways Decline in total expenditure is achieved at the expense of the capital spending Capital heavy ministries take capex cuts while personnel heavy ministries get a boost for recurrent expenditure Allocation of defense and security related SUs is strengthened Overall health related allocation is increased by nearly LKR 7 Bn Total expenditure allocation on…

(0)Comments | October 13, 2021 1:29 pm

“HI Japan” Trade Exhibition Promoting Sri Lankan Coconut Products

Ambassador and the Mission staff participated at the “HI Japan” Trade Exhibition Sri Lanka booth that was organized and promoted by the Sri Lanka Mission in Japan and funded by the Coconut Development Authority (CDA). The Booth showcased a wide range of coconut related export products from 11 Companies in Sri Lanka.  The product range…

(0)Comments | October 13, 2021 9:42 am

Sri Lanka Tourism ensures trade service standards

Social media rant investigated Sri Lanka Tourism on inquiring deeply into, the widely circulated YouTube video by a US Tourist, claiming that his pre-booked rental vehicle not being available on arrival at the Bandaranaike International Airport led him in frustration to cancel his tour of the Island and return to Istanbul, finds that the passenger…

(0)Comments | October 13, 2021 9:33 am

CSE and SEC Rings the Bell for Financial Literacy

The Colombo Stock Exchange (CSE) in association with the Securities and Exchange Commission (SEC) joined stock exchanges from around the world to Ring the Bell for Financial Literacy, as part of the World Investor Week 2021 global campaign. The International Organization of Securities Commissions (IOSCO) recently launched its fifth annual World Investor Week campaign following…

(0)Comments | October 12, 2021 6:06 pm

SLIM launches Future-Ready Sri Lanka national initiative to inspire and motivate the nation towards economic revival

This initiative is brought together under the auspices of the Prime Minister’s Office and in partnership with the Ministry of Youth & Sports SLIM – Sri Lanka Institute of Marketing, is the national body for marketing in Sri Lanka with a mission to establish marketing as the driving force which enhances the business and national…

(0)Comments | October 12, 2021 5:56 pm

Sri Lanka High Commission organises a Ceylon Tea tasting session at the Royal Hospital Chelsea

As a gesture of goodwill to appreciate the service rendered by the iconic veterans of the British Army, a Ceylon tea tasting session was organised by the Sri Lanka High Commission in London at the Royal Hospital Chelsea on 30 September 2021. The event is emblematic of Sri Lanka’s commitment to the longstanding bilateral relations with the UK….

(0)Comments | October 12, 2021 4:16 pm

Ex-Pack Investor Forum a Resounding Success

Leading Sri Lankan corrugated carton manufacturer, Ex-Pack Corrugated Cartons Limited, successfully concluded its virtual investor forum and event for analysts, as the company prepares to go public. Ex-Pack is making an initial public offering (IPO) of its shares, which is due to close on 22nd October 2021 and will subsequently be listed on the Colombo…

(0)Comments | October 12, 2021 3:51 pm

The 29th Annual General Meeting of the American Chamber of Commerce in Sri Lanka

The American Chamber of Commerce in Sri Lanka (AmCham SL) recently held its 29th Annual General Meeting and Election of Directors. Taking into account the recommended guidelines that have arisen as a result of the COVID-19 pandemic, the AGM was conducted via Zoom. The Chief Guest for this prestigious event was the Chief Political and…

(0)Comments | October 12, 2021 2:37 pm

Sri Lanka encourages South Indian weavers to invest in Sri Lanka

Sri Lanka Deputy High Commission in Chennai in collaboration with Tamilnadu Powerlooms  Federation organized a trade and investment delegation at the Mission premises on 06 October 2021. The objective of the meeting was to make the fabric manufacturers aware of the trade and investment opportunities available in Sri Lanka and business conducive environment for the apparel…

(0)Comments | October 12, 2021 12:47 pm

Exponential Increase in Revenue License Renewals with the lift of Lockdown Restrictions

The Information and Communication Technology Agency of Sri Lanka (ICTA) announced that the revenue license issuance at Divisional Secretariat offices is experiencing interruptions due to the higher citizen turnout to obtain licenses accumulated during the COVID lockdown period. The software system implemented by ICTA in collaboration with provincial authorities of the department of motor traffic…

(0)Comments | October 11, 2021 4:59 pm

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