The Investment Relations Office to promote the Colombo Port City Special Economic Zone (CPCSEZ) in Bangkok, Thailand, led by Dr Sarayut Lekplipol, the Regional Head of Investment Promotion (Asia-Pacific) for CHEC Port City Colombo (pvt) Ltd, recently hosted the Joint Foreign Chambers of Commerce Presidents Council Meeting, which includes 36 countries, in partnership with the…
Sri Lanka’s leading retailers will share the strategies they focused on to ensure stability and growth during the global and national economic challenges of the past two years, and the key takeaways that will drive their future vision, at the Sri Lanka Retail Forum 2023 to be held on 1st March at the Cinnamon Grand…
SriLankan Airlines sets the stage to usher in Raid Amazones, the only itinerant women’s adventure race in the world, to Sri Lanka for the second year running as the Presenting Partner. Raid Amazones will hit the fabled streets of the hill capital, Kandy, between 19 – 29, March 2023 with the participation of over 250…
Hela Apparel Holdings PLC navigated an exceptionally challenging global operating environment during the third quarter of FY 2022/23. While the Group’s quarterly revenue of Rs. 21.8 Bn represented a 44.8% increase compared to the same period of the previous year, this primarily reflected the impact of the rupee’s depreciation during this interval. In US Dollar…
Nepalese billionaire Binod Chaudhary recently paid an official visit to the Board of Investment (BOI) and held discussions on potential investment opportunities. During the discussions with BOI Chairman Dinesh Weerakkody, Mr Chaudhary focused his business interests on distribution, retail, leisure, financial services & manufacturing The business tycoon was also briefed about the progress on the…
AI, business messaging, cross-border shopping, virtual and augmented reality, creators, online shopping, and short-form video. Meta’s APAC VP looks at what should brands focus on this year. I usually start the year by sharing what I know with businesses about the social media trends intersecting with business across our platforms. Social networks, creators/influencers, friends, and…
The Embassy of Sri Lanka in Iran, with the assistance of the Association of Air Transport & Tourism Agencies of Iran and the Sri Lanka Tea Board, successfully organized Sri Lanka’s participation in the 16th Tehran International Exhibition of Tourism and Related Industries held from 07-10 February 2023 at the Tehran International Fairground in Iran. More…
Reuters – Ratings agency S&P Global on Monday cut its long-term issue rating on state-owned SriLankan Airlines’ foreign currency-denominated bond, after the airlines was unable to meet an interest payment and defaulted on a paper. “We lowered the issue ratings on the SLA 2024 bond to ‘D’ from ‘CC’ because both the issuer and government…
“We are proud of partnering with CMA because we are a disclosure-based market, and we believe in promoting the principles of integrated reporting.” – Chairman, CSE “The main thing is that we are able to measure the value creation of companies. All stakeholders are looking for value creation, and in value creation, there are some…
The new government of Brazil under President Lula de Silva is supportive of Sri Lanka towards achieving political and economic stability, said Secretary for Asia, and Pacific of the Ministry of Foreign Affairs of Brazil Ambassador Eduardo Paes Saboia, speaking at a well-attended diplomatic reception organized by the Embassy of Sri Lanka in Brazil to celebrate the 75th Anniversary of National Day…
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