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Collaborating with Stakeholders to Improve and Increase Exports and Investments

The State Minister of Investment Promotion, Hon. Dilum Amunugama meets EDB Advisory Committees Stressing the importance of providing a business conducive environment, “the government is focused and has given the highest recognition to exports and investments – to create employment, enhance foreign exchange earnings with economic and social benefits to our people”, the State Minister…

(0)Comments | October 17, 2022 11:20 am

Hameedia’s Envoy to unveil latest international showroom in Dubai

Envoy, Sri Lanka’s international brand and the premier brand of Hameedia that is synonymous with style and quality, will be expanding into the Middle East with the upcoming opening of the Envoy Dubai showroom in Festival Mall in Dubai on 22nd October 2022. This is the second international branch of Envoy which also has the…

(0)Comments | October 17, 2022 10:12 am

Sri Lanka holds first in-person meeting with bondholders amid debt talks – sources

Reuters – Sri Lanka’s government officials from the finance ministry and the central bank held its first in-person meeting with the country’s largest sovereign overseas bondholders in Washington on Thursday, three sources with direct knowledge of the meeting said. The gathering on the sideline of the International Monetary Fund and World Bank annual meetings convened…

(0)Comments | October 15, 2022 2:15 pm

FAO, IFAD and WFP Renew Commitment to Strengthening Food Security in Sri Lanka

The Food and Agriculture Organization of the United Nations (FAO), together with the International Fund for Agricultural Development (IFAD) and the United Nations World Food Programme (WFP), marked World Food Day at an event held under the auspices of the Prime Minister Hon. Dinesh Gunawardena and the Minister of Agriculture Hon. Mahinda Amaraweera Friday (14)….

(0)Comments | October 15, 2022 2:00 pm

ICC announces global partnership with Aramco

The International Cricket Council (ICC), today announced a global partnership with Aramco, one of the world’s leading integrated energy and chemicals companies. The partnership will include Aramco sponsorship of all major men’s and women’s ICC events scheduled until the end of 2023, including the ICC Men’s T20 World Cup 2022 in Australia, the ICC Women’s…

(0)Comments | October 14, 2022 2:05 pm

ICC and UNICEF partner to promote gender equality through cricket

The ICC and UNICEF have launched a global partnership to empower women and girls and promote inclusion and gender equality through cricket. Initiatives to drive greater gender equity along with advocacy campaigns involving some of the world’s best players will form the basis of the partnership which aims to mobilise the power of cricket to…

(0)Comments | October 14, 2022 1:30 pm

The Chamber of Marine Industries of Sri Lanka holds its inaugural meeting

“Towards the Development of the Blue Economy of Sri Lanka” The inaugural meeting of the Chamber of Marine Industries of Sri Lanka was held at the Sri Lanka Export Development Board (EDB) recently (11th October) with the presence of Chairman, EDB and the representatives of the industries of boat and shipbuilding, nautical tourism, chartering, and…

(0)Comments | October 14, 2022 11:23 am

Sri Lanka turns down request to join Russia’s MIR payment system

The Central Bank of Sri Lanka (CBSL) yesterday said that it is “not in a position to consider favorably” to the request to operate Russia’s MIR bankcards within the country’s banking system due to the US sanctions on the payment system. “Due to the US sanctions on the MIR payment system, as confirmed by the…

(0)Comments | October 14, 2022 9:40 am

Paris Club ready for close coordination with China, India on Sri Lanka debt talks

Reuters – The Paris Club creditor nations last month reached out to China and India seeking to coordinate closely on Sri Lanka’s debt talks, but is still awaiting a reply, a source with direct knowledge of the matter told Reuters on Thursday. Paris Club officials reached out to two of Sri Lanka’s biggest bilateral creditors…

(0)Comments | October 14, 2022 9:30 am

SriLankan Airlines Joins Forces with Top UK Tour Operators to Promote Sri Lanka

SriLankan Airlines, together with the High Commission of Sri Lanka in the United Kingdom, recently hosted 30 of the UK’s premier tour operators to discuss positive developments in the tourism landscape of Sri Lanka. Travellers from the UK have long preferred Sri Lanka as a holiday destination, especially during winters, and the UK government has…

(0)Comments | October 13, 2022 3:47 pm

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