The Ambassador of the Netherlands to Sri Lanka Tanja Gonggrijp paid a courtesy call on Foreign Minister Prof. G.L. Peiris on Wednesday 25 August at the Foreign Ministry in Colombo. Ambassador Gonggrijp extended her warm felicitations to Foreign Minister Peiris at the outset of the courtesy meeting. During discussions, Foreign Minister Peiris highlighted the long and fruitful…
Confers awards for ‘Best SME Bank’ in Sri Lanka and ‘Best Foreign Bank’ in Bangladesh in 2021 The Commercial Bank of Ceylon has been declared the ‘Best SME Bank’ in Sri Lanka and the ‘Best Foreign Bank’ in Bangladesh in 2021 by the UK-based Global Business Outlook (GBO) magazine which recognises and rewards excellence in…
“A strategy to achieve our industry’s vision and that of the nation”: Cooray The Joint Apparel Associations Forum (JAAF) has formulated a 5-point framework to coordinate the industry’s response to challenges stemming from COVID-19 and to drive stakeholder collaboration towards ensuring sustained long-term growth of Sri Lanka’s entire apparel sector. The five points are: ensure…
Sri Lanka Convention Bureau (SLCB) is a state institute under the Ministry of Tourism with the prime objective of promoting Sri Lanka as a venue for MICE (Meetings, Incentives, Conferences, Exhibitions & Events) activities. SLCB has planned a series of educational seminars, workshops to create awareness among industry members, Diplomats, Airlines, Associations, Chambers, and Academics…
The Ambassador of the Republic of Korea to Sri Lanka Santhush Woonjin Jeong paid a courtesy call on the newly appointed Foreign Minister Prof. G.L. Peiris on Tuesday, 24 August, 2021 at the Foreign Ministry. The Ambassador Woonjin extended sincere felicitations to the Foreign Minister on his new role and reiterated his country’s commitment to…
Emirates has announced the resumption of its Colombo – Male service starting 1 September. The daily service between the two cities will be an extension of its Dubai-Male flight EK652 to Colombo, with the return flight EK653 operating from Colombo to Dubai via Male. Emirates flight EK652 will depart Dubai at 09:45hrs daily, arrive in…
Attracting investor attention since it was first announced, SDB bank concluded its Secondary Public Offering (SPO) with a successful oversubscription of the initial issue of Rs. 3.5 billion. This achievement rides on the bank’s previous record-setting as Sri Lanka’s first Colombo Stock Exchange-listed entity to host and complete a rights issue digitally, with an oversubscription….
Washington, DC: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement yesterday (23): “The largest allocation of Special Drawing Rights (SDRs) in history—about US$650 billion—comes into effect today. The allocation is a significant shot in the arm for the world and, if used wisely, a unique opportunity to combat this…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), increased to 6.8 percent in July 2021 from 6.1 per cent in June 2021. This was driven by the monthly increases of prices of items in both Food and Non-food categories. Accordingly, Food inflation (Y-o-Y) increased to 11.0…
Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 3rd December 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa. Chairman & Chief Executive of EDB, Mr. Suresh De Mel…
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