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Sri Lanka successfully participates at the  18th International Seminar and Exhibition –  “The World of Tea” in Tehran

The Sri Lanka Embassy in Iran in collaboration with Sri Lanka Tea Board participated in the 18th International Seminar and Exhibition “The World of Tea” at the Parsian Esteghlal Hotel premises in Tehran from 24-26 October 2022. More than 50 tea export and producing companies mainly from Sri Lanka, Iran, India and Kenya showcased their…

(0)Comments | October 31, 2022 11:30 am

Government approval moves up, but only to an extreme low level of 10%

Verité Research releases the results of the “Mood of the Nation” poll for October 2022 Government approval moves up, but only to an extreme low level of 10% The third round of the Gallup Style “Mood of the Nation” poll was conducted in October by Verité Research. It assessed the approval, satisfaction, and confidence of…

(0)Comments | October 31, 2022 11:30 am

“Sri Lanka is open for business”

“Sri Lanka is open for business “– Visit of a Sri Lankan Business Delegation to the Philippines for the 48th PCCI Philippine Business Conference and Expo The Embassy of Sri Lanka in Manila facilitated the visit of a thirty (30) member business delegation at the 48th Philippine Business Conference and Expo (PBC&E) from 18-20 October 2022 organized…

(0)Comments | October 31, 2022 11:13 am

SLASSCOM ties up with INT@J in Jordan

Under the aegis of the Embassy of Sri Lanka in Jordan, an MoU between SLASSCOM and INT@J was signed on 27 October, 2022. The MoU signing took place virtually between Chairman Ashique M. Ali on behalf of the Sri Lanka Association for Software and Services Company (SLASSCOM) and Chairman Amjad Swais for INT@J in the…

(0)Comments | October 31, 2022 10:51 am

Next Gen CEOs to Share Vision for Economic Reset at the Sri Lanka Economic Summit 2022

Hear from the next generation of Sri Lanka’s corporate leaders as they share their vision for a reset Sri Lanka and explore emerging trends and strategies at the Sri Lanka Economic Summit 2022 organised by the Ceylon Chamber of Commerce, on December 6th at the Shangri La Hotel, Colombo. Titled NextGen CEO Forum- Leadership in…

(0)Comments | October 31, 2022 10:36 am

The exclusive business confidence index teases with a notable rise – but for how long?

Business Sentiment – The BIZ Barometer Gains Ground The race for survival is on. Daily life has acquired a dystopian air as people from all walks of life countenance the possibility of privations to come – or which have already arrived. The anxiety of whether or not the discussions around debt restructuring will prove fruitful…

(0)Comments | October 31, 2022 8:23 am

Global Ceylon SeaFoods signs fresh agreement with BOI

Global Ceylon SeaFoods (Pvt) Ltd., leading seafood exporting company in Sri Lanka inked an agreement with the Board of Investment (BOI) to set up a sea cage farming project for the export market in Trincomalee, for an investment of USD 7.5 Mn. The agreement in this regard was signed in the presence of Investment Promotion…

(0)Comments | October 31, 2022 8:17 am

China never seeks expansionism, SL should

By Prof Samitha Hettige The Communist Party approved the report presented by President Xi Jinping at the 20th National Congress last week. It indicates the willingness, vision and the path CPC is planning to raise China to the next level under his leadership. Rise of China in the 21st century is the challenge of the…

(0)Comments | October 31, 2022 7:48 am

Expolanka Holdings Record Steadfast Performance for Q2 FY22

Expolanka Holdings PLC delivered a resolute performance amidst a challenging operating environment for the quarter ending 30th September 2022 with a Revenue of Rs. 161.7Bn (YoY +7%), Gross Profit of Rs. 28.3Bn (YoY +25%) and Profit after tax of Rs.9.0Bn (YoY -25%). This resulted in the Company delivering a YTD Revenue of Rs. 396Bn (YoY…

(0)Comments | October 28, 2022 5:52 pm

Meeting between Presidential Senior Advisor Sagala Ratnayake and IMF representatives to discuss prior action and debt restructuring

Another crucial discussion of Sri Lanka’s creditors is scheduled to be held on November 3rd. Debt restructuring in Sri Lanka is on the agenda to be discussed at length during this discussion. Chief of Staff and Senior Advisor to the President on National Security Mr Sagala Ratnayake met with the outgoing IMF Resident Representative for…

(0)Comments | October 28, 2022 1:59 pm

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