Economically battered nations like Sri Lanka should speed up SOE reforms In response to post-Covid recession, several Emerging Economies across Asia, Africa and Latin America, are re-strategizing and re-structuring loss-making State-owned Enterprises. MTI Consulting is currently carrying out an in-depth strategic assessment of 5 Ethiopian State-owned Enterprises, namely Ethiopian Chemical Industry Corporation, Ethiopian Business Trading…
Records highest number of trade & supply chain finance transactions for second successive year The Commercial Bank of Ceylon was honoured as the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank in Sri Lanka’ for the second consecutive year at the 2022 Trade and Supply Chain Finance Programme (TSCFP) Awards that recognise the contributions of leading…
Hirdaramani Group announces its commitment to the Science Based Targets Initiative (SBTi). With this announcement they officially join a select group of companies globally taking action to limit global warming to 1.5C and prevent the worst impacts of climate change. The setting of SBTI’s supports the groups pledge to align with the 2015 Paris agreement…
The Sri Lanka Embassy in Iran in collaboration with Sri Lanka Tea Board participated in the 18th International Seminar and Exhibition “The World of Tea” at the Parsian Esteghlal Hotel premises in Tehran from 24-26 October 2022. More than 50 tea export and producing companies mainly from Sri Lanka, Iran, India and Kenya showcased their…
Verité Research releases the results of the “Mood of the Nation” poll for October 2022 Government approval moves up, but only to an extreme low level of 10% The third round of the Gallup Style “Mood of the Nation” poll was conducted in October by Verité Research. It assessed the approval, satisfaction, and confidence of…
“Sri Lanka is open for business “– Visit of a Sri Lankan Business Delegation to the Philippines for the 48th PCCI Philippine Business Conference and Expo The Embassy of Sri Lanka in Manila facilitated the visit of a thirty (30) member business delegation at the 48th Philippine Business Conference and Expo (PBC&E) from 18-20 October 2022 organized…
Under the aegis of the Embassy of Sri Lanka in Jordan, an MoU between SLASSCOM and INT@J was signed on 27 October, 2022. The MoU signing took place virtually between Chairman Ashique M. Ali on behalf of the Sri Lanka Association for Software and Services Company (SLASSCOM) and Chairman Amjad Swais for INT@J in the…
Hear from the next generation of Sri Lanka’s corporate leaders as they share their vision for a reset Sri Lanka and explore emerging trends and strategies at the Sri Lanka Economic Summit 2022 organised by the Ceylon Chamber of Commerce, on December 6th at the Shangri La Hotel, Colombo. Titled NextGen CEO Forum- Leadership in…
Business Sentiment – The BIZ Barometer Gains Ground The race for survival is on. Daily life has acquired a dystopian air as people from all walks of life countenance the possibility of privations to come – or which have already arrived. The anxiety of whether or not the discussions around debt restructuring will prove fruitful…
Global Ceylon SeaFoods (Pvt) Ltd., leading seafood exporting company in Sri Lanka inked an agreement with the Board of Investment (BOI) to set up a sea cage farming project for the export market in Trincomalee, for an investment of USD 7.5 Mn. The agreement in this regard was signed in the presence of Investment Promotion…
Video Story
