Sri Lanka Tourism has arranged some exclusive festivities for the Christmas Season, including a gala Christmas fest at the Lotus Tower premises. ‘’Christmas Colombo 2022’’ is taking place from 20th -28th December 2022, from 4 pm onwards till 1 am. This gala Christmas festival includes a wide variety of Entertainment activities including Live Music &DJ…
Dialog Axiata PLC, in partnership with Nonvoice LLC, announced the launch of Sri Lanka’s first 5G-ready Gaming & Edutainment Metaverse powered by Augmented Reality (AR) and Virtual Reality (VR), delivering a truly immersive experience in gaming, education and more to Sri Lankans. Nonvoice Metaverse, powered by Dialog, will allow users access to 10 Metaverse applications…
Only if the assurances come through will the country be eligible for the IMF’s Extended Fund Facility The Hindu – Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF), according to Sri Lanka’s Central Bank Governor P Nandalal Weerasinghe. In…
The Sri Lanka Export Development Board (EDB) signed a memorandum of understanding with the Swiss Import Promotion Programme (SIPPO) which operates under the State Secretariat for Economic Affairs (SECO) of Switzerland on 22nd December 2022. H.E. Dominik Furgler, Ambassador for Switzerland in Sri Lanka and Mr. Suresh D de Mel, Chairman & CE, EDB signed…
On the directions of President Ranil Wickremesinghe, the Government decides to reorganize the existing conventional institutional set-up and newly establish the International Trade Office (ITO) to interconnect all the relevant institutions and synergize their work to obtain maximum output from the external trade sector to the National Economy. Realizing the untapped economic potential of trade…
Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, announced its recently concluded Rs 850mn Rights Issue which saw keen demand, and was successfully oversubscribed and fully allotted. The funds raised from the Rights Issue will infuse fresh capital for adherence with capital adequacy requirements as well as supporting the company’s digitalization drive and business…
President Ranil Wickremesinghe has appointed Dinesh Weerakkody as Chairman of the Board of Investment, the President’s Media Division (PMD) said. Other board members are Dr. Dushny Weerakoon, Chandani Wijewardena and Eraj de Silva, the PMD said. Dinesh Weerakkody is also the Chairman of the Port City Economic Commission of Sri Lanka apart from being an…
The collaboration between the Delegation of the German Industry and Commerce in Sri Lanka (AHK) and the Board of Investment of Sri Lanka successfully concluded bilateral trade discussion at the Katunayake Free Trade Zone recently. The German investor fraternity has been lifelong partners in doing business in Sri Lanka and they proudly claim the status…
The government has focused on bringing in foreign investors to Sri Lanka for climate change mitigation projects. The government’s plan is to bring in foreign investors to achieve the three goals, achieving a 70 percent renewable energy target, achieving carbon neutrality by 2050, and exploring the international market for carbon emission permits A discussion in…
‘’Christmas at Presidential Secretariat 2022’’ is a gala Christmas fest, organized in joint collaboration with The Sri Lanka Army, Sri Lanka Tourism Promotion Bureau, Office of the Chief of Defense staff and the Presidential Secretariat. The opening ceremony of the event was held on the 18th of December under the patronage of Hon. Ranil Wickramasinghe…
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