China International Import and Export Fair, (Canton Fair) – 2022, organized as a hybrid event with the participation of companies all over the world, got underway on 15th October, 2022. The International Pavilion of the event is organized through an online platform due to the prevailing travel restrictions in China, and it consists 50 different…
The Board of Directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC) have decided to extend the trading hours with effect from 01st November 2022 as set out below: Pre-open session – 09.30 a.m to 10.00 a.m Open Auction – at 10.00 a.m. Regular…
The Central Depository Systems (PVT) Ltd (CDS) recently facilitated the dispatch of E-Warrants for ACL Cables PLC’s Declaration of Interim Dividend of Rs. 1/-per share to the registered shareholders of the Company, as at the record date of the dividend, for the financial year ended 31st March 2022. This is the first time that electronic…
Sri Lanka Export Development Board (EDB) recently organized an online webinar in collaboration with MERSK, a worldwide leading logistic company on easy online shipping methods available for SME exporters in Sri Lanka. The objective of the webinar was to provide information on numerous new opportunities available with exporters in the shipping industry. MERSK, the leading…
Sri Lanka’s Export Performance in September 2022 Earnings from the merchandise exports increased by 5.75 % y-o-y to US$ 1,093.98 Mn in September 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in export earnings from Apparel & Textiles, Tea, Gems & Jewellery, Electrical & Electronic…
Benchmarks six made-in-Sri Lanka car and SUV tyre variants against major competitor brands at NATRAX in Indore Six sizes of locally-manufactured CEAT radial tyres were recently tested rigorously against the major competitor brands as part of an ongoing process to further develop CEAT’s existing product range and assess individual product performance by key value propositions…
Classic Destinations, the leading Destination Management Company (DMC) in Sri Lanka, has acquired the franchise to represent the reputed Liberty Group both in Sri Lanka and the Maldives. The Liberty International Tourism Group is the largest privately-owned global Destination Management Company (DMC). Founded in 1991, they have over 30-year expertise with offices established on all…
Sri Lanka Tourism Promotion Bureau (SLTPB), together with Sri Lankan Airlines and the International Film Producers’ Association of Sri Lanka organized a Film Tourism Promotional campaign in Bangalore and Mumbai targeting both South Indian and North Indian big five cinema industries covering Bollywood(Hindi), Kollywood (Tamil), Tollywood(Telugu), Sandalwood (Kannada), Mollywood(Malayalam) as well as emerging industries such…
As Sri Lanka prepares to formulate and implement reforms that will enable economic revival, the Sri Lanka Economic Summit 2022 organised by the Ceylon Chamber of Commerce will explore necessary reforms and their implications during Session 1 of the Summit dedicated to ‘Economic Reforms and Implications’, on December 6th. The session will begin with a…
President Ranil Wickremesinghe said that he aims to make Sri Lanka a developed country by 2048 and that the youth of this country have been allowed to contribute towards this goal. The President said this during the discussion held on the 22nd of this month through Zoom technology with the youth of the “2048 Youth…
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