The Delegation of German Industry and Commerce (AHK) in Sri Lanka, and the Friedrich Naumann Foundation for Freedom (FNF) co-organized a capacity building program for officials of the Sri Lanka Export Development Board (EDB) in preparation for the forthcoming “German Act on Corporate Due Diligence in Supply Chains which will come into force in Germany…
Australian High Commissioner to Sri Lanka and Maldives H.E Paul Stephens made a courtesy call on Board of Investment (BOI) Chairman Raja Edirisuriya recently and exchanged views on Sri Lanka in respect to investment opportunities. During the discussions, the High Commissioner referred to Australian investors who are seeking opportunities in the sectors such as renewable…
It is important to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped to contribute to an economically stable future. -CEO, CSE This strategic alliance would also provide an opportunity to our undergraduates to have a sound knowledge on the capital markets. -Vice Chancellor, Wayamba University…
Addressing the Wenzhou International Import Expo, Ambassador Dr. Palitha Kohona, extolled the high quality of Sri Lanka’s agricultural exports. Black tea which is, by far, the major agricultural import from Sri Lanka to China, is considered to be the cleanest tea in the world with hardly any chemical traces in it. Although generally referred to…
The Ceylon Chamber of Commerce is firmly of the view that institutions like the Central Bank of Sri Lanka should be allowed to function independently in performing its mandate as in most other countries, particularly at this stage when the country is grappling with a major economic crisis. We emphasize the need to reintroduce the…
Issuing the National Consumer Price Index (NCPI), for the month of October 2022, the Director General of Census and Statistics said that headline inflation as measured by the Year-on-Year change (The percentage change in the current month NCPI over same month NCPI of last year) based on the NCPI has been compiled as 70.6%. The…
Government’s intention was to resume the negotiations on free trade agreements said Secretary to the President Saman Ekanayake. It is the vision of the President that Sri Lanka will integrate with the global value chains and with the largest economies in South Asia and East Asia and then expand to the east region linking to…
The FDI Colombo Port City (CPC) came to SL in 2014 as part of the BRI of the Peoples Republic of China (PRC). The BRI has so far invested more than 150 billion USD in the 150 plus BRI partner countries and organizations. As SL is in a crisis the CPC should be completed in…
The Government under its Interim budget 2022 has identified Packaging for value addition and for minimizing postharvest losses as a priority and wanted the EDB to reactivate the National Packaging Centre to address the need for promoting the packaging Industry, especially the local packaging products of the SME sector in the country. The way forward…
The Commercial Bank of Ceylon’s Rs 5 billion debenture issue will open on Thursday 1st December 2022, offering investors an opportunity to profit from the growth of the bank. The Bank has announced plans to raise Rs 5 billion via 50 million Basel III-compliant debentures with an option to increase it by a another Rs…
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