The Panadura branch of the Colombo Stock Exchange (CSE) was officially opened to the public by the CSE Chairman, Mr. Dilshan Wirasekera, on the 2nd of March 2023, with the participation of a few Stockbroker Firms, President of Sinhala Business Association Mr. Gihan Kuruppu, CSE CEO Mr. Rajeeva Bandaranaike, Senior Management and the staff. Panadura…
What does Naomi Campbell carry in her bag? The iconic British supermodel shows us the essentials she carries in her Fendi Peekaboo Vogue – Have you ever wondered just what Naomi Campbell carries in her handbag? Exclusively for Vogue, the supermodel and March 2023’s Vogue India cover star reveals the essential items she always has tucked…
A discussion took place last Thursday (02) over Zoom between the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, and President Ranil Wickremesinghe. The discussion focused extensively on the IMF financial facility and the expected debt restructuring for Sri Lanka. Currently, there is a prevailing sense of optimism among all stakeholders involved in…
Measures to commence Trincomalee development by renovating oil tanks unused for decades President Ranil Wickremesinghe directed the petroleum minister and officials to swiftly carry out a plan to revive the Trincomalee oil tank farm and incorporate it into the country’s economy. The President issued these directives during an inspection tour of the Lanka Indian Oil…
The Monetary Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on 03 March 2023, decided to raise the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points to 15.50 per cent and 16.50 per cent, respectively, effective from the…
As part of the Ministry’s Economic Diplomacy initiative, a Business Forum to expand and intensify Sri Lanka’s presence in the African continent was held at the Foreign Ministry under the patronage of Foreign Minister M.U.M. Ali Sabry. The meeting brought together over 50 business leaders representing the sectors of apparel, pharmaceuticals, construction, finance, manufacturing, renewable…
In a bid to support the revival of tourism in Sri Lanka, the Dentsu Grant Group Sri Lanka and Dentsu India have joined hands to gift an integrated marketing campaign titled; “And you thought you knew Sri Lanka” to the tourism industry. The campaign was created specially targeting the younger Indian tourist market for The…
Aitken Spence Travels (AST) welcomed a charter flight from Bulgaria on 02nd March 2023 to the Mattala Rajapaksa International Airport (MRIA) with 200 holiday makers. The visitors from Bulgaria will be discovering Sri Lanka with excursions to explore the vivid culture of the country including Kandy city, the cultural triangle, Pinnawela, the misty mountains of…
President Ranil Wickremesinghe has announced that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies. The President made this statement while attending the ceremony held Thursday (02) for the opening of Volta Auto Tec Engineering Private Limited, Minneriya. As…
Investment Promotion State Minister Dilum Amunugama recently appointed country representatives to six countries in a bid to disseminate actual facts about Sri Lankan image to potential investors and promote the country as the premier destination for investment. The country representatives, who are well-experienced personnel in diverse sectors, will represent Sri Lanka in countries such as India,…
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