The High Commission of Sri Lanka in Dhaka together with the Sri Lankan expatriate community and associations organised an evening reception on 07 March 2023 at the Dhaka Sheraton to showcase trade, investment, and tourism opportunities in Sri Lanka. The event was organized in line with the celebration of the 75thAnniversary of Independence, gathering an…
Sri Lanka’s most awarded plantations company, Hayleys Plantations, recently hosted the U.S. Ambassador to Sri Lanka, Julie Chung, on an exclusive tour of its Pedro estate in Nuwara Eliya. Commenting on the visit via Twitter, Ambassador Chung said: “Tea production is key to Sri Lanka’s economy and the region’s success. I met with the Managing…
(Reuters) – China’s pledge to support Sri Lanka’s debt reorganization, a major step for the island nation in securing an IMF lifeline, provides little clarity on how negotiations will unfold or whether this could herald progress for other heavily indebted nations. Analysts remain cautious on how significant China’s new commitment will be for the country, whose 22…
Bloomberg – Sri Lanka’s rupee, which became the world’s best performing currency this year amid hopes of an International Monetary Fund bailout, may resume declines and lose a fifth of its value against the dollar by end-2023, according to Fitch Solutions. “We are optimistic that Sri Lanka will be able to secure an IMF board…
Thirteen of the leading companies listed on the Colombo Stock Exchange (CSE) have pledged their support to increase women’s representation at both their management and board levels. The move comes as IFC partnered with the CSE for the eighth consecutive year for the ‘Ring the Bell for Gender Equality,’ celebrated in line with International Women’s…
SriLankan Airlines celebrated the power of women in the airline with a flight operated by an all-female crew on Women’s Day 2023. Flight UL131 departed to Trichy on the morning of 8 March 2023 and was staffed by Captain Chamika Rupasinghe; First Officer Bimalee Jeewandara; Purser Roshani Dissanayake; Cabin Supervisor Upuli Warnakula; and Flight Attendants…
The latest high-tech manufacturing facility of Lanka Bio Fertilizers (Pvt) Ltd located in Millewa, Horana was recently opened by Minister of Agriculture Hon. Mahinda Amaraweera. This modern facility is comprised of 40,000 sqft of production floor area and is capable of manufacturing over 1 million litres of Biofertilizer per annum. Lanka Bio Fertilizers (Pvt) Ltd…
By Lakshila Wanigasinghe Written for International Women’s Day on 08 March 2023. Technology plays an important role in modern society. It connects, innovates, and transforms economies and societies at large. Yet, women and girls continue to have limited access to technology. This gender bias is also present in Sri Lanka, where women comprise of over…
ITB – The world’s leading travel and trade show opened in Berlin, Germany on 7th March 2023 on a positive note. With more than 10,000 exhibitors, from 60+ countries and around 160 000 trade visitors, ITB is considered as one of the most important events in the travel and tourism industry. Sri Lanka Tourism Promotion…
The Deputy Ambassador of the Chinese Embassy in Colombo Mr. Hu Wei officially presented the financial assurance letter issued by the Exim Bank of China to Mr. Mahinda Siriwardena, the Secretary of the Ministry of Finance at the Presidential Secretariat Tuesday afternoon (07). Mr. Hu Wei revealed that large–scale Chinese companies are looking forward to…
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